D
Seller's Agent in 2023
David Bensoussan
Olsen Realty
(646) 642-8870
1 in this area
4 Total Sales
115 E Gage Ave Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $1,015,000 - $1,122,000
8
Beds
4
Baths
2,432
Sq Ft
$438/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Laundry Room
- Back and Front Yard
- Cooling Available
- Heating Available
About This Home
As of November 2023Duplex for sale in near South Los Angeles Wetlands Park, Mount Carmel Recreation Center and South Park, On East Gage Ave, cross street is Main Street. 2 Units ready to go. Each level has 4 bedrooms/ 2 bathrooms, including 1 master suite in each unit.
LARGE backyard and carport recently repainted. Minutes to Exposition Park, USC and Downtown Los Angeles. Both units were recently rehabbed.
Great potential investment property. All units vacant. Total square footage 2,432 on a 4,721/sqft lot.
Lockbox please see remarks.
Listing agent has 50% stake at this property**
Last Agent to Sell the Property
Olsen Realty License #01336355 Listed on: 10/20/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2007
Lot Details
- 4,721 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Home Design
- Duplex
- Entry on the 1st floor
- Stucco
Interior Spaces
- 2,432 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 325
- Assessor Parcel Number 6006011017
- $356 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $1,400
- Trash Expense $396
- Water Sewer Expense $978
- Operating Expense $2,774
- Gross Income $72,000
- Net Operating Income $63,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2023
Closed on
Nov 9, 2023
Sold by
Acent Group Lp
Bought by
Cruz Lupita Lili and Cute Emily Paola
Seller's Agent
David Bensoussan
Olsen Realty
Buyer's Agent
Rosaliano Mendez
Excellence Real Estate
List Price
$998,000
Sold Price
$998,000
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,780
Avg. Annual Appreciation
2.71%
Original Mortgage
$979,923
Outstanding Balance
$961,960
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$102,820
Purchase Details
Closed on
Nov 14, 2016
Sold by
Mira Salvador
Bought by
Thefeld Marcus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,242
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 28, 2009
Sold by
Chilin Jose Felilciano
Bought by
Mira Salvador
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
4.82%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 27, 2009
Sold by
Collateral Relief Servicing Llc
Bought by
Chilin Jose Feliciano
Purchase Details
Closed on
Jul 11, 2008
Sold by
Chilin Jose Feliciano
Bought by
Collateral Relief Servicing Llc
Purchase Details
Closed on
Feb 26, 2007
Sold by
Hamman Homes & Investments Inc
Bought by
Chilin Jose Feliciano
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,200
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 24, 2006
Sold by
Malveaux Elmo L and Malveaux Marvin
Bought by
Hamman Homes & Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2005
Sold by
Malveaux Morante Fabiola M and Estate Of Pearl Malveaux
Bought by
Malveaux Elmo L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cruz Lupita Lili | $998,000 | Usa National Title Company | |
| Thefeld Marcus | $489,000 | Title 365 | |
| Mira Salvador | $350,000 | California Counties Title Co | |
| Chilin Jose Feliciano | -- | Accommodation | |
| Collateral Relief Servicing Llc | -- | Accommodation | |
| Chilin Jose Feliciano | $664,000 | Fidelity Long Beach | |
| Hamman Homes & Investments Inc | $125,000 | Chicago Title Co | |
| Hamman Homes & Investments Inc | $175,000 | Chicago Title Co | |
| Malveaux Elmo L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cruz Lupita Lili | $979,923 | |
| Previous Owner | Thefeld Marcus | $479,242 | |
| Previous Owner | Mira Salvador | $343,660 | |
| Previous Owner | Chilin Jose Feliciano | $531,200 | |
| Previous Owner | Hamman Homes & Investments Inc | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/16/2023 11/16/23 | Sold | $998,000 | 0.0% | $410 / Sq Ft |
| 10/23/2023 10/23/23 | Pending | -- | -- | -- |
| 10/20/2023 10/20/23 | For Sale | $998,000 | -- | $410 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,336 | $1,017,960 | $510,000 | $507,960 |
| 2024 | $12,336 | $998,000 | $500,000 | $498,000 |
| 2023 | $8,599 | $686,664 | $426,564 | $260,100 |
| 2022 | $8,202 | $673,200 | $418,200 | $255,000 |
| 2021 | $6,499 | $524,304 | $214,439 | $309,865 |
| 2020 | $6,561 | $518,929 | $212,241 | $306,688 |
| 2019 | $6,308 | $508,755 | $208,080 | $300,675 |
| 2018 | $6,229 | $498,780 | $204,000 | $294,780 |
| 2016 | $6,441 | $528,674 | $264,120 | $264,554 |
| 2015 | $6,347 | $520,734 | $260,153 | $260,581 |
| 2014 | $6,375 | $510,534 | $255,057 | $255,477 |
Source: Public Records
Agents Affiliated with this Home
-
David Bensoussan
-
Rosaliano Mendez
R
Buyer's Agent in 2023
Rosaliano Mendez
Excellence Real Estate
(323) 404-6927
1 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23181548
APN: 6006-011-017
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