Seller's Agent in 2024
Demetrius Brown
CLRE Corporation
(310) 974-0300
1 in this area
22 Total Sales
340 E Gage Ave Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $682,000 - $811,682
4
Beds
2
Baths
1,482
Sq Ft
$498/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Main Floor Bedroom
- No HOA
- Mountain View
- Granite Countertops
- 2-minute walk to Avalon and Gage Park
About This Home
As of June 2024Welcome to this enchanting two-story house offering a blend of historic charm and modern updates. Situated on an R2 lot with the potential to build multiple units, this property is a rare find. The house features four (4) bedrooms and two (2) bathrooms ideal for a growing family or those who love hosting guests. Recent updates include new copper plumbing, all new double pane windows, fresh interior and exterior paint throughout, new water heater, and an updated kitchen and bathrooms blending functionality with style seamlessly. The roof is approximately 10 years old, ensures durability and peace of mind. Additionally the detached garage provide ample space and the perfect opportunity to add an Accessory Dwelling Unit (ADU), enhancing the property's value and versatility. Don't miss out on this opportunity to own a piece of history and Los Angeles real estate with modern amenities and endless possibilities for expansion and additional investment opportunities to add more value. Schedule a viewing and envision the potential of this unique property.
Last Agent to Sell the Property
CLRE Corporation Brokerage Phone: 310-974-0300 License #01799515 Listed on: 04/15/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1895 | Remodeled
Lot Details
- 5,171 Sq Ft Lot
- Brick Fence
- Chain Link Fence
- Density is up to 1 Unit/Acre
- Property is zoned LAR2
Parking
- 2 Car Garage
- Parking Available
- Driveway
Property Views
- Mountain
- Neighborhood
Home Design
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Composition Roof
- Copper Plumbing
Interior Spaces
- 1,482 Sq Ft Home
- 2-Story Property
- Crown Molding
- Ceiling Fan
- Double Pane Windows
- Living Room
- Family or Dining Combination
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Bathtub with Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Patio
- Exterior Lighting
Utilities
- Wall Furnace
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 24 / C
- Tax Tract Number 7
- Assessor Parcel Number 6006020007
- $289 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2025
Sold by
Velasco Rogelio Lucas and Rivas Rosa Melida
Bought by
Lucas Munoz Family Trust and Rivas
Current Estimated Value
Purchase Details
Listed on
Apr 15, 2024
Closed on
May 30, 2024
Sold by
Brown Demetrius J
Bought by
Velasco Rogelio Lucas and Rivas Rosa Melida
Seller's Agent
Demetrius Brown
CLRE Corporation
Buyer's Agent
Armando Minjares
RE/MAX CHAMPIONS
List Price
$654,000
Sold Price
$710,000
Premium/Discount to List
$56,000
8.56%
Views
142
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$10,000
Interest Rate
7.17%
Purchase Details
Closed on
Sep 25, 2020
Sold by
Brown Demetrius J and Brown Demetrius
Bought by
Brown Demetrius J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2017
Sold by
Lewis Roseland
Bought by
Brown Dometrius
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,861
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 17, 2014
Sold by
Quartman Velda Maurine
Bought by
Quartman Velda M and Velda M Quartman Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lucas Munoz Family Trust | -- | None Listed On Document | |
| Velasco Rogelio Lucas | $710,000 | Lawyers Title | |
| Brown Demetrius J | -- | Provident Title Company | |
| Brown Dometrius | $242,500 | Lawyers Title Company | |
| Quartman Velda M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Velasco Rogelio Lucas | $10,000 | |
| Previous Owner | Velasco Rogelio Lucas | $568,000 | |
| Previous Owner | Brown Demetrius J | $344,000 | |
| Previous Owner | Brown Dometrius | $237,861 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2024 06/06/24 | Sold | $710,000 | 0.0% | $479 / Sq Ft |
| 04/20/2024 04/20/24 | Off Market | $710,000 | -- | -- |
| 04/19/2024 04/19/24 | Pending | -- | -- | -- |
| 04/15/2024 04/15/24 | For Sale | $654,000 | -- | $441 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,025 | $724,200 | $616,284 | $107,916 |
| 2024 | $5,025 | $394,821 | $329,968 | $64,853 |
| 2023 | $4,931 | $387,081 | $323,499 | $63,582 |
| 2022 | $4,706 | $379,492 | $317,156 | $62,336 |
| 2021 | $4,644 | $372,052 | $310,938 | $61,114 |
| 2019 | $4,508 | $361,018 | $301,716 | $59,302 |
| 2018 | $4,784 | $353,940 | $295,800 | $58,140 |
| 2016 | $933 | $70,345 | $23,396 | $46,949 |
| 2015 | $921 | $69,289 | $23,045 | $46,244 |
| 2014 | $944 | $67,933 | $22,594 | $45,339 |
Source: Public Records
Agents Affiliated with this Home
-
Demetrius Brown
-
Armando Minjares
Buyer's Agent in 2024
Armando Minjares
RE/MAX
(626) 319-0875
1 in this area
68 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24070716
APN: 6006-020-007
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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