NOT LISTED FOR SALE

1507 E Gage Ave Los Angeles, CA 90001

Estimated Value: $659,050 - $744,000

3 Beds
3 Baths
1,412 Sq Ft
$491/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $570,000 $404 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,393/month

72 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Spanish Architecture
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of March 2022

Don't miss out on this rare opportunity in the city of Los Angeles. This is a beautiful 3 bedroom., 3 bathroom, 2 story Single Family Residence. This home was built in 2007 so this property is turnkey. It has 2 car garage with additional parking in front of garage with alley access. It is conveniently located near freeways and a huge shopping center. A newer home like this in the city of Los Angeles wont last

Last Agent to Sell the Property

Manuel Meraz

Master Key Real Estate License #01986175 Listed on: 07/06/2021

Last Buyer's Agent

Marianne Yoo

Siroh Realty & Investment Inc License #01386239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,756

Year Built

  • Built in 2007

Lot Details

  • 1,842 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR3*

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,412 Sq Ft Home
  • Living Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer Hookup

Schools

  • Los Angeles Unified Elementary School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 53967
  • Assessor Parcel Number 6008046002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,756

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LCR3*
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6008046002
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1412.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 403.68
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified
  • Elementary School: Los Angeles Unified
  • Elementary School: Los Angeles Unified
  • Elementary School #2: LOANUN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1842.00
  • Lot Size Acres: 0.0423

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1842.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5330.01
  • Tax Lot: 2
  • Tax Tract Number: 53967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Mar 11, 2022
Sold by
Gage Village Residential Development Llc
Bought by
Ko Jang O and Joo Hyun Sun
Seller's Agent
Manuel Meraz
Master Key Real Estate
Buyer's Agent
Marianne Yoo
Siroh Realty & Investment Inc
List Price
$529,000
Sold Price
$570,000
Premium/Discount to List
$41,000
7.75%
Current Estimated Value
$693,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,013
Avg. Annual Appreciation
5.00%
Original Mortgage
$425,000
Outstanding Balance
$396,890
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$278,957
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
Ko Jang O $570,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ko Jang O $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $570,000 -1.7% $404 / Sq Ft
01/20/2022 01/20/22 Price Changed $579,995 +9.6% $411 / Sq Ft
11/17/2021 11/17/21 Price Changed $529,000 0.0% $375 / Sq Ft
11/17/2021 11/17/21 For Sale $529,000 -7.2% $375 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/29/2021 08/29/21 Off Market $570,000 -- --
07/06/2021 07/06/21 For Sale $529,000 -- $375 / 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 $7,756 $604,888 $318,362 $286,526
2024 $7,756 $593,028 $312,120 $280,908
2023 $7,622 $581,400 $306,000 $275,400
2022 $3,167 $214,279 $26,145 $188,134
2021 $3,126 $210,079 $25,633 $184,446
2019 $3,035 $203,850 $24,874 $178,976
2018 $2,994 $199,854 $24,387 $175,467
2016 $2,859 $192,095 $23,441 $168,654
2015 $2,816 $189,210 $23,089 $166,121
2014 $2,817 $185,504 $22,637 $162,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21141653

California Regional Multiple Listing Service (CRMLS)

APN: 6008-046-002