NOT LISTED FOR SALE

1218 S Gage Ave Los Angeles, CA 90023

Estimated Value: $514,000 - $686,393

2 Beds
2 Baths
858 Sq Ft
$695/Sq Ft Est. Value

Last Sold April 29, 2017

Last sale price $325,000 $379 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,612/month

2 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Gated Parking
  • Spanish Architecture
  • James A. Garfield Senior High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of April 2017

Great location in East Los Angeles with lots of potential. Minutes from Downtown Los Angeles and convenient access to major freeways. This home features 3 large bedrooms (County assessor shows a 2 bedroom, buyers responsible to verify all information) and 2 baths, hard wood floors throughout the home. Home sits on an LCR4 Lot (buyer to verify with City/ County building and safety) with potential to add or build. Long driveway with gated front yard that leads to a large 1 car garage. Great investment for first time buyers. Call for showing today.

Last Agent to Sell the Property

Jesse Garcia

REALTY WORLD CALIFORNIA AGENTS License #01260007 Listed on: 03/04/2017

Last Buyer's Agent

Jesse Garcia

REALTY WORLD CALIFORNIA AGENTS License #01260007 Listed on: 03/04/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1927

Lot Details

  • 6,161 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Back and Front Yard
  • Property is zoned LCR4*

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Gated Parking
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 858 Sq Ft Home
  • Wood Frame Window
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • 220 Volts
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 5242016003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,191

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: LCR4*
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5242016003
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 858.00 Square Feet
  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 378.79
  • Room Type: All Bedrooms Down
  • Window Features: Wood Frames
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Raised
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Gated, Off Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Laundry: Yes
  • Electric: 220 Volts
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6161.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5313.02
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2025
Sold by
Ramos Esperanza
Bought by
Esperanza Ramos Living Trust and Ramos
Current Estimated Value
$596,598

Purchase Details

Listed on
Mar 4, 2017
Closed on
Mar 15, 2017
Sold by
Mejia Maria Yolanda
Bought by
Ramos Esperanza
Seller's Agent
Jesse Garcia
REALTY WORLD CALIFORNIA AGENTS
Buyer's Agent
Jesse Garcia
REALTY WORLD CALIFORNIA AGENTS
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$195,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2003
Sold by
Ornelas Ricardo
Bought by
Mejia Maria Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2000
Sold by
Ornelas Ricardo
Bought by
Ornelas Ricardo and Ornelas Rosa
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Esperanza Ramos Living Trust -- None Listed On Document
Ramos Esperanza $325,000 Wfg
Mejia Maria Yolanda $210,000 Ticor Title
Ornelas Ricardo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramos Esperanza $195,000
Previous Owner Mejia Maria Yolanda $100,000
Previous Owner Mejia Maria Yolanda $199,500
Previous Owner Ornelas Ricardo $55,926
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2017 04/29/17 Sold $325,000 -3.0% $379 / Sq Ft
03/06/2017 03/06/17 Price Changed $335,000 +3.1% $390 / Sq Ft
03/04/2017 03/04/17 For Sale $325,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $5,191 $377,184 $301,749 $75,435
2024 $5,191 $369,789 $295,833 $73,956
2023 $5,105 $362,539 $290,033 $72,506
2022 $4,872 $355,432 $284,347 $71,085
2021 $4,816 $348,464 $278,772 $69,692
2019 $4,672 $338,130 $270,504 $67,626
2018 $4,869 $331,500 $265,200 $66,300
2016 $3,619 $256,913 $179,475 $77,438
2015 $3,564 $253,055 $176,780 $76,275
2014 $3,565 $248,099 $173,318 $74,781
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17045220

California Regional Multiple Listing Service (CRMLS)

APN: 5242-016-003