NOT LISTED FOR SALE

1256 W Gage Ave Los Angeles, CA 90044

Vermont-Slauson Neighborhood

Estimated Value: $668,000 - $738,000

4 Beds
2 Baths
1,573 Sq Ft
$448/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $375,000 $238 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,145/month

85 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Wall Furnace

About This Home

As of May 2017

Two 2 bedroom 1 bath units. Both units feature tile flooring with carpeted bedrooms. Washer and dryer hook ups inside each unit.

Last Agent to Sell the Property

Chad Arico

Arico & Associates, Inc. License #01967186 Listed on: 12/06/2016

Last Buyer's Agent

Eldora Smith

Elite Homes Realty License #01223178

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,482

Year Built

  • Built in 1945

Lot Details

  • 6,280 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1,573 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 277
  • Tax Tract Number 3987
  • Assessor Parcel Number 6003033001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • New Taxes Expense $4,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,482

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6003033001
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 238.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6280.00

Multi Family

  • Gross Scheduled Income: 25440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 2120.00

Tax Info

  • New Taxes Expense: 4116.00
  • Tax Census Tract: 2374.01
  • Tax Lot: 277
  • Tax Tract Number: 3987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2017
Sold by
Ezma Llc
Bought by
Scott Bryson D
Current Estimated Value
$704,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Zepeda Esequiel and Zepeda Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2008
Sold by
Ortiz Alvaro
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 1, 2006
Sold by
Morales Geronimo
Bought by
Ortiz Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.04%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 20, 1997
Sold by
Transamerica Financial Services
Bought by
Morales Geronimo and Calderon Dora Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,483
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1997
Sold by
Carmona Ramon
Bought by
Transamerica Financial Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,483
Interest Rate
7.94%
Mortgage Type
FHA
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
Scott Bryson D $375,000 Lawyers Title
Ezma Llc -- Lawyers Title
Zepeda Esequiel $129,000 Lsi Title Agency Inc
Wells Fargo Bank Na $284,025 None Available
Ortiz Alvaro $455,000 Fatcola
Morales Geronimo -- First American Title Company
Morales Geronimo $110,000 --
Transamerica Financial Services $238,615 Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Bryson D $368,207
Previous Owner Zepeda Esequiel $91,000
Previous Owner Morales Geronimo $91,000
Previous Owner Ortiz Alvaro $364,000
Previous Owner Morales Geronimo $109,483
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $375,000 0.0% $238 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $375,000 -- $238 / 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 $5,482 $435,216 $319,160 $116,056
2024 $5,482 $426,683 $312,902 $113,781
2023 $5,384 $418,317 $306,767 $111,550
2022 $5,145 $410,115 $300,752 $109,363
2021 $5,076 $402,074 $294,855 $107,219
2019 $4,930 $390,150 $286,110 $104,040
2018 $4,824 $382,500 $280,500 $102,000
2016 $4,116 $326,341 $261,075 $65,266
2015 $4,058 $321,440 $257,154 $64,286
2014 $4,085 $315,144 $252,117 $63,027
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Chad Arico

    Arico & Associates, Inc.

  • E

    Buyer's Agent in 2017

    Eldora Smith

    Elite Homes Realty

    (562) 216-1000

    18 Total Sales

    Eldora Smith
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16758798

California Regional Multiple Listing Service (CRMLS)

APN: 6003-033-001

California Los Angeles County Los Angeles 90044 Vermont-Slauson

1256 W Gage Ave, Los Angeles, CA

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