NOT LISTED FOR SALE

1237 W Gage Ave Los Angeles, CA 90044

Vermont-Slauson Neighborhood

Estimated Value: $822,000 - $1,076,673

3 Beds
2 Baths
2,007 Sq Ft
$468/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $575,000 $286 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,571/month

13 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2019

Excellent priced duplex!!! Unit #1 has 2 good size bedrooms with a full bath, kitchen has granite counter tops it also has a room by the kitchen a nice eating area that my client had to use as a bedroom. Unit #2 has 3 bedrooms with 1 bathroom, their laundry room was converted in to the 3rd bedroom! Bonus!! There is also a detached 2 car garage 1 bedrrom, 1 bath kitchen, living room unit not permitted! Owner occupied by sister in the back unit brother in the front. This duplex has a long driveway for many vehicles to park. Not to mention location!! Metro stations, USC and L.A Rams stadium!!! recent leases for the front unit closed for around $2,300 and the back unit which is smaller about $2,200, back little house for about $950. PROPERTY SOLD AS IS

Last Agent to Sell the Property

Sandra Balentan

COLDWELL BANKER LEADERS License #01729779 Listed on: 08/16/2019

COLDWELL BANKER LEADERS

Last Buyer's Agent

Brandon Walls

Compass License #01806256

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,797

Year Built

  • Built in 1921

Lot Details

  • 6,228 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 2,007 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tax Lot 248
  • Tax Tract Number 3987
  • Assessor Parcel Number 6003028022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Fuel Expense $45
  • Water Sewer Expense $195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,797

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 195.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6003028022
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 286.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 6228.00
  • Lot Size Acres: 0.1430

Multi Family

  • Fuel Expense: 45.00
  • Lot Size Area: 6228.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2372.01
  • Tax Lot: 248
  • Tax Tract Number: 3987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 13, 2019
Sold by
Jimenez Maria D
Bought by
Vazquez Heriberto
Seller's Agent
Sandra Balentan
COLDWELL BANKER LEADERS
Buyer's Agent
Brandon Walls
Compass
List Price
$510,000
Sold Price
$575,000
Premium/Discount to List
$65,000
12.75%
Current Estimated Value
$940,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,168
Avg. Annual Appreciation
8.50%
Original Mortgage
$564,585
Outstanding Balance
$504,365
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$435,803

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 4, 2019
Sold by
Vazquez Heriberto and Vazquez Veronica
Bought by
Barrios Jennifer A and Thomas Barrios Kim R
Seller's Agent
Sandra Balentan
COLDWELL BANKER LEADERS
Buyer's Agent
Brandon Walls
Compass
List Price
$510,000
Sold Price
$575,000
Premium/Discount to List
$65,000
12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,585
Outstanding Balance
$504,365
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$435,803

Purchase Details

Closed on
Feb 24, 2004
Sold by
Escarzaga Victor
Bought by
Vazquez Heriberto and Vazquez Veronica

Purchase Details

Closed on
Mar 13, 2001
Sold by
Tillie Moore Linda C
Bought by
Vazquez Heriberto and Vazquez Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,755
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 1999
Sold by
Tillie Rose L
Bought by
Tillie Moore Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
7.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 30, 1999
Sold by
Moore Eric
Bought by
Tillie Moore Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.47%

Purchase Details

Closed on
Jul 31, 1997
Sold by
Tillie Rose L
Bought by
Tillie Rose L and Tillie Moore Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
7.57%
Source: Public Records

Range of Values:

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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
Vazquez Heriberto -- Orange Coast Title Company
Vazquez Veronica -- Orange Coast Title Company
Barrios Jennifer A $575,000 Orange Coast Title Company
Vazquez Heriberto -- --
Vazquez Heriberto $210,000 Chicago Title Co
Tillie Moore Linda L -- Fidelity National Title Co
Tillie Moore Linda C -- Gateway Title Company
Tillie Rose L -- Fidelity National Title Ins
Tillie Moore Linda C -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrios Jennifer A $564,585
Previous Owner Vazquez Heriberto $206,755
Previous Owner Tillie Moore Linda L $18,500
Previous Owner Tillie Moore Linda C $148,000
Previous Owner Tillie Rose L $139,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $575,000 0.0% $286 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/28/2019 08/28/19 Off Market $575,000 -- --
08/24/2019 08/24/19 Price Changed $550,000 +7.8% $274 / Sq Ft
08/16/2019 08/16/19 For Sale $510,000 -- $254 / 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 $7,797 $628,842 $470,265 $158,577
2024 $7,797 $616,513 $461,045 $155,468
2023 $16,599 $604,425 $452,005 $152,420
2022 $7,309 $592,575 $443,143 $149,432
2021 $7,212 $580,956 $434,454 $146,502
2020 $7,282 $575,000 $430,000 $145,000
2019 $3,631 $283,652 $226,927 $56,725
2018 $3,503 $278,091 $222,478 $55,613
2016 $3,333 $267,294 $213,840 $53,454
2015 $3,286 $263,280 $210,628 $52,652
2014 $3,310 $258,124 $206,503 $51,621
Source: Public Records

Agents Affiliated with this Home

  • Sandra Balentan

    Seller's Agent in 2019

    Sandra Balentan

    COLDWELL BANKER LEADERS

    (626) 324-6055

    39 Total Sales

    Sandra Balentan
    Section Image

  • B

    Buyer's Agent in 2019

    Brandon Walls

    Compass

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19196626

California Regional Multiple Listing Service (CRMLS)

APN: 6003-028-022

California Los Angeles County Los Angeles 90044 Vermont-Slauson

1237 W Gage Ave, Los Angeles, CA

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