NOT LISTED FOR SALE

236 E Gage Ave Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $788,000 - $943,000

9 Beds
3 Baths
2,900 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $495,000 $171 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,326/month

72 Days on Market

Highlights

  • Private Yard
  • Balcony
  • Wall Furnace
  • No HOA
  • Ceramic Countertops
  • 5-minute walk to Avalon and Gage Park

About This Home

As of March 2017

All 3 units are 3 bed 1 bath Each , all have been remodel, with Tile and wood Cabinets, live in one and rent the other 2, seller may deliver one vacant, tenants are very nice and looking for a Good landlord or owner occupied

Last Agent to Sell the Property

Chris Mark

Far West Realty License #01883652 Listed on: 09/21/2016

Last Buyer's Agent

Alberto Rivas

LA Realty Masters, Inc License #01839951

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 4,933 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Home Design

  • 2,900 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Ceramic Countertops
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 25
  • Assessor Parcel Number 6006013007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $500
  • Operating Expense $500
  • Gross Income $16,840
  • Net Operating Income $42,412

Property Details

Home Type

Multi-Family

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6006013007
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceramic Counters
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 170.69

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4933.00

Multi Family

  • Gross Income: 16840.00
  • Gross Scheduled Income: 43212.00
  • Insurance Expense: 500.00
  • Net Operating Income: 42412.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 800.00
  • Rent Control: Yes
  • Total Expenses: 500.00

Tax Info

  • Tax Census Tract: 2393.20
  • Tax Lot: 1
  • Tax Tract Number: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2016
Sold by
Orellana Sandra
Bought by
Pineda Fatima R
Current Estimated Value
$869,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2016
Sold by
Orellna Otoniel
Bought by
Orellana Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2015
Sold by
Orellana Eliezer
Bought by
Orellana Sandra

Purchase Details

Closed on
Jul 23, 2013
Sold by
Orellana Josue
Bought by
Orellana Eliezer

Purchase Details

Closed on
Jul 22, 2011
Sold by
Ascencio Betty A and Orellana Josue
Bought by
Orellana Josue

Purchase Details

Closed on
Sep 21, 2010
Sold by
Ascencio Betty A
Bought by
Orellana Josue and Ascencio Betty

Purchase Details

Closed on
Jan 16, 2010
Sold by
Lara Luis M
Bought by
Ascencio Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2009
Sold by
Rivas Escarlet
Bought by
Lara Luis M

Purchase Details

Closed on
Apr 14, 1998
Sold by
North Atlantis Two Corp
Bought by
Rivas Escarlet and Lara Luis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,140
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1997
Sold by
Ramirez Ramiro and Ramirez Josefina
Bought by
North Atlantis Two Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pineda Fatima R $490,000 Pacific Coast Title
Orellana Sandra -- Pacific Coast Title
Orellana Sandra -- None Available
Orellana Eliezer -- None Available
Orellana Josue -- None Available
Orellana Josue -- None Available
Ascencio Betty A $175,000 Stewart Title Of Ca Inc
Lara Luis M -- Stewart Title Of Ca Inc
Lara Luis M -- Stewart Title Of Ca Inc
Lara Luis M -- None Available
Rivas Escarlet $255,000 Southland Title Corporation
North Atlantis Two Corp $115,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pineda Fatima R $481,124
Previous Owner Ascencio Betty A $171,830
Previous Owner Rivas Escarlet $245,140
Previous Owner North Atlantis Two Corp $115,000
Closed North Atlantis Two Corp $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $495,000 -5.7% $171 / Sq Ft
02/07/2017 02/07/17 For Sale $525,000 0.0% $181 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
11/28/2016 11/28/16 Price Changed $525,000 -2.0% $181 / Sq Ft
11/22/2016 11/22/16 Price Changed $535,880 -0.6% $185 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
11/14/2016 11/14/16 Price Changed $538,880 -1.8% $186 / Sq Ft
11/02/2016 11/02/16 Price Changed $548,880 -1.8% $189 / Sq Ft
10/22/2016 10/22/16 Price Changed $558,880 -1.8% $193 / Sq Ft
10/13/2016 10/13/16 Price Changed $569,000 -1.7% $196 / Sq Ft
09/21/2016 09/21/16 For Sale $579,000 -- $200 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,542 $689,784 $488,155 $201,629
2024 $8,542 $676,260 $478,584 $197,676
2023 $8,381 $663,000 $469,200 $193,800
2022 $7,999 $650,000 $460,000 $190,000
2021 $6,580 $525,378 $348,465 $176,913
2020 $6,642 $519,991 $344,892 $175,099
2019 $6,388 $509,796 $338,130 $171,666
2018 $6,274 $499,800 $331,500 $168,300
2016 $4,614 $365,489 $197,973 $167,516
2015 $4,817 $382,492 $203,996 $178,496
2014 $4,850 $375,000 $200,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Chris Mark

    Far West Realty

    (562) 430-9955

    21 Total Sales

    Chris Mark
    Section Image

  • A

    Buyer's Agent in 2017

    Alberto Rivas

    LA Realty Masters, Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16707723

California Regional Multiple Listing Service (CRMLS)

APN: 6006-013-007

California Los Angeles County Los Angeles 90003 Florence

236 E Gage Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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