R
Seller's Agent in 2018
Rene Nario
Nario International Realty
(626) 533-1804
15 Total Sales
123 N Gage Ave Los Angeles, CA 90063
Estimated Value: $687,000 - $806,864
4
Beds
2
Baths
1,420
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- Property is near a park
- Traditional Architecture
- Cooling System Mounted To A Wall/Window
- James A. Garfield Senior High School Rated A
- Neighborhood Views
- Living Room
About This Home
As of March 2018Perfectly Priced and Ready to Go! Make your move quick. This property offers 2 units -Each 2 Bedrooms 1 Bath w/separate yards all on a large lot of over 7000 square feet and in a prime rental section of East Los Angeles. (City Terrace) Front unit has updated kitchen and bathroom. You'll be surrounded by great schools, excellent shopping and convenient transportation. Buy it Today!
Last Agent to Sell the Property
Nario International Realty License #01875599 Listed on: 01/10/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,412
Year Built
- Built in 1951 | Remodeled
Lot Details
- 7,420 Sq Ft Lot
- No Common Walls
- Fenced
- Fence is in average condition
- Rectangular Lot
- Level Lot
Home Design
- Duplex
- Traditional Architecture
- Cosmetic Repairs Needed
- Combination Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1,420 Sq Ft Home
- Ceiling Fan
- Living Room
- Neighborhood Views
- Formica Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Gas Dryer Hookup
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
- Driveway Level
- RV Potential
Additional Features
- Accessible Parking
- Exterior Lighting
- Property is near a park
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for electricity, exterior maintenance, gas
- Legal Lot and Block 25 / E
- Assessor Parcel Number 5232024029
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,100
- Trash Expense $900
- Water Sewer Expense $1,000
- New Taxes Expense $5,000
- Operating Expense $8,000
- Net Operating Income $28,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2018
Closed on
Mar 16, 2018
Sold by
Ponce
Bought by
Bestw
Seller's Agent
Rene Nario
Nario International Realty
Buyer's Agent
Rene Nario
Nario International Realty
List Price
$445,000
Sold Price
$460,000
Premium/Discount to List
$15,000
3.37%
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
$274,466
Avg. Annual Appreciation
6.60%
Original Mortgage
$253,000
Interest Rate
4.44%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bestw | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Best Western Summit Inn Inc | $900,000 | |
| Closed | Best Western Summit Inn Inc | $975,000 | |
| Closed | Bestw | $253,000 | |
| Closed | Bestw | -- | |
| Previous Owner | Ponce Rodolfo R | $216,000 | |
| Previous Owner | Ponce Rodolfo R | $225,000 | |
| Previous Owner | Ponce Rodolfo R | $199,500 | |
| Previous Owner | Ponce Rodolfo R | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2018 03/16/18 | Sold | $460,000 | +3.4% | $324 / Sq Ft |
| 01/23/2018 01/23/18 | Pending | -- | -- | -- |
| 01/15/2018 01/15/18 | For Sale | $445,000 | -3.3% | $313 / Sq Ft |
| 01/11/2018 01/11/18 | Off Market | $460,000 | -- | -- |
| 01/10/2018 01/10/18 | For Sale | $445,000 | -- | $313 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,412 | $523,395 | $314,037 | $209,358 |
| 2024 | $7,412 | $513,133 | $307,880 | $205,253 |
| 2023 | $7,121 | $503,073 | $301,844 | $201,229 |
| 2022 | $6,801 | $493,210 | $295,926 | $197,284 |
| 2021 | $6,725 | $483,540 | $290,124 | $193,416 |
| 2020 | $6,774 | $478,583 | $287,150 | $191,433 |
| 2019 | $6,528 | $469,200 | $281,520 | $187,680 |
| 2018 | $4,384 | $289,773 | $140,403 | $149,370 |
| 2016 | $4,204 | $278,522 | $134,951 | $143,571 |
| 2015 | $4,144 | $274,339 | $132,924 | $141,415 |
| 2014 | $4,149 | $268,966 | $130,321 | $138,645 |
Source: Public Records
Agents Affiliated with this Home
-
Rene Nario
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18006925
APN: 5232-024-029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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