NOT LISTED FOR SALE

1837 E Gage Ave Los Angeles, CA 90001

Estimated Value: $663,000 - $694,000

3 Beds
2 Baths
1,300 Sq Ft
$526/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $430,000 $331 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,245/month

14 Days on Market

Highlights

  • All Bedrooms Downstairs
  • City Lights View
  • Property is near public transit
  • Linda Esperanza Marquez High School Rated A-
  • Craftsman Architecture
  • Private Yard

About This Home

As of July 2021

WELCOME TO 1837 E GAGE AVENUE, LOS ANGELES THIS DUPLEX HAS PLENTY OF ROOM FOR A ADU UNIT IT BORDERS HUNTINGTON PARK AND IS MINUTES FROM DOWNTOWN LOS ANGELES CLOSE TO METRO LINK FOR A QUICKER RIDE TO WORK THE FRONT UNIT IS A HOUSE AND THE OTHER UNIT IS ALSO A HOUSE THIS PROPERTY HAS MANY PROTENTIALS PLENTY OF PARKING CLOSE TO ALL THE SHOPPING LOCAL AND IN DTLA ALL UNITS ARE SINGLE STORY TOO

Last Agent to Sell the Property

Vivian C Perez

KELLER WILLIAMS REALTY V.V. License #01075260 Listed on: 04/30/2021

KELLER WILLIAMS REALTY V.V.

Last Buyer's Agent

Vivian C Perez

KELLER WILLIAMS REALTY V.V. License #01075260 Listed on: 04/30/2021

KELLER WILLIAMS REALTY V.V.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,589

Year Built

  • Built in 1921

Lot Details

  • 5,030 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Craftsman Architecture
  • Contemporary Architecture
  • Fixer Upper
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • Living Room
  • Vinyl Flooring
  • City Lights Views
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 21 / H
  • Tax Tract Number 532700
  • Assessor Parcel Number 6009015022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,500
  • Fuel Expense $3,144
  • Insurance Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $2,100
  • New Taxes Expense $11,600
  • Operating Expense $5,356
  • Gross Income $26,800
  • Net Operating Income $26,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,589

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2100.00
  • Zoning: LCR4*
  • Architectural Style: Contemporary, Craftsman
  • Property Condition: Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6009015022
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 330.77
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • View: City Lights
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Gas Water Heater, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Level with Street, Lot 6500-9999, Rectangular Lot, Near Public Transit, Paved, Yard
  • Lot Size Sq Ft: 5030.00
  • Lot Size Acres: 0.1155
  • Latitude Manual: 33.98221300

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 2500.00
  • Fuel Expense: 3144.00
  • Gross Income: 26800.00
  • Gross Scheduled Income: 39300.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5030.0000 Square Feet
  • Net Operating Income: 26800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12500.00
  • Rent Control: Yes
  • Total Expenses: 5356.00

Tax Info

  • New Taxes Expense: 11600.00
  • Tax Block: H
  • Tax Census Tract: 5327.00
  • Tax Lot: 21
  • Tax Tract Number: 532700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 28, 2021
Sold by
Marquez Oscar G and Marquez Abraham T
Bought by
Ska Investments Llc
Seller's Agent
Vivian C Perez
KELLER WILLIAMS REALTY V.V.
Buyer's Agent
Vivian C Perez
KELLER WILLIAMS REALTY V.V.
List Price
$580,000
Sold Price
$430,000
Premium/Discount to List
-$150,000
-25.86%
Current Estimated Value
$683,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,751
Avg. Annual Appreciation
11.74%
Original Mortgage
$378,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Marquez Daniel R and Marquez Mary Lou
Bought by
Marquez Daniel R and Marquez Mary Lou
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
Ska Investments Llc $430,000 Orange Coast Title Company
Marquez Daniel R -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ska Investments Llc $506,250
Closed Ska Investments Llc $420,000
Closed Ska Investments Llc $200,000
Previous Owner Ska Investments Llc $378,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $430,000 -25.9% $331 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $580,000 -- $446 / 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 $6,589 $456,318 $328,974 $127,344
2024 $6,589 $447,372 $322,524 $124,848
2023 $6,313 $438,600 $316,200 $122,400
2022 $6,034 $430,000 $310,000 $120,000
2021 $1,339 $22,586 $12,201 $10,385
2020 $1,337 $22,355 $12,076 $10,279
2019 $1,318 $21,918 $11,840 $10,078
2018 $1,197 $21,489 $11,608 $9,881
2016 $1,148 $20,657 $11,158 $9,499
2015 $1,138 $20,348 $10,991 $9,357
2014 $1,146 $19,950 $10,776 $9,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21091519

California Regional Multiple Listing Service (CRMLS)

APN: 6009-015-022