NOT LISTED FOR SALE

1511 E Gage Ave Los Angeles, CA 90001

Estimated Value: $674,555 - $729,000

3 Beds
2.5 Baths
1,400 Sq Ft
$495/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $561,000 $401 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,385/month

14 Days on Market

Highlights

  • Granite Countertops
  • 2 Car Attached Garage
  • Bathtub with Shower
  • No HOA
  • Eat-In Kitchen
  • Patio

About This Home

As of December 2021

Home Sweet Home! Located in Downtown LA resides a charming Spanish styled home with 3 bedrooms, 2.5 bathrooms and an attached 2-car garage with direct access! Some features include laminate flooring decorated with thick baseboard moldings, central AC, a laundry area, and plenty of storage space throughout. The home has an open floor plan with the living room and dining area adjacent from one another, making it ideal for hosting nights at home. The kitchen is equipped with granite countertops and beautiful wooden cabinets. The home has a large open front patio, where you can add outdoor seating and a BBQ grill. The patio is a private space for relaxing or for entertaining. The patio also includes an exit/entry door that leads you outside to the public street. The first floor has a guest bathroom and on the second floor you have 3 spacious and well-lit bedrooms, plus 2 bathrooms equipped with a granite countertop and a convenient laundry area. The larger of the bedrooms is a primary bedroom that features a walk-in closet and an en-suite bath. The property is conveniently located near USPS, Starbucks, Linda Esperanza Marquez High School, Walgreens, popular dining options and so much more! Perfect for a First time home buyer!

Last Agent to Sell the Property

Elvin Apelian

Equity Union License #01433009 Listed on: 11/02/2021

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,650

Year Built

  • Built in 2007

Lot Details

  • 1,853 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Storage
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 53967
  • Assessor Parcel Number 6008046003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,650

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6008046003
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1400.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Storage
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 400.71
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1853.00
  • Lot Size Acres: 0.0425

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1853.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 53967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 8, 2021
Sold by
Salamanca Yolanda E and Gonzalez Natividad
Bought by
Shore Jacob Samuel
Seller's Agent
Elvin Apelian
Equity Union
List Price
$500,000
Sold Price
$561,000
Premium/Discount to List
$61,000
12.2%
Current Estimated Value
$692,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,889
Avg. Annual Appreciation
5.84%
Original Mortgage
$544,170
Outstanding Balance
$502,416
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$190,473

Purchase Details

Closed on
Jul 15, 2008
Sold by
Lopez Guillermo Cruz
Bought by
Gonzalez Natividad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2008
Sold by
Gage Village Residential Development Llc
Bought by
Salamanca Yolanda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Shore Jacob Samuel $561,000 Fidelity National Title
Gonzalez Natividad -- First American Title Ins Co
Salamanca Yolanda E $445,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shore Jacob Samuel $544,170
Previous Owner Gonzalez Natividad $200,000
Previous Owner Salamanca Yolanda E $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $561,000 +12.2% $401 / Sq Ft
11/02/2021 11/02/21 For Sale $500,000 -- $357 / 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 $7,650 $595,336 $383,095 $212,241
2024 $7,650 $583,664 $375,584 $208,080
2023 $7,518 $572,220 $368,220 $204,000
2022 $7,158 $561,000 $361,000 $200,000
2021 $5,997 $457,000 $314,000 $143,000
2019 $5,805 $443,000 $304,000 $139,000
2018 $5,534 $416,400 $285,400 $131,000
2016 $4,612 $341,900 $234,300 $107,600
2015 $4,228 $310,000 $212,400 $97,600
2014 $3,823 $270,000 $185,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21235626

California Regional Multiple Listing Service (CRMLS)

APN: 6008-046-003