NOT LISTED FOR SALE

505 N Gage Ave Los Angeles, CA 90063

Estimated Value: $783,000 - $969,000

4 Beds
4 Baths
2,112 Sq Ft
$420/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $499,000 $236 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,595/month

113 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • James A. Garfield Senior High School Rated A

About This Home

As of March 2016

Great Investment Opportunity! Four 1 Bedroom, 1 bath units. Newer windows, electric and plumbing. On site parking for 4 vehicles. Close to Ceasar Chavez Ave.

Last Agent to Sell the Property

Daniel Villarreal

Berkshire Hathaway Home Servic License #01944184 Listed on: 11/09/2015

Berkshire Hathaway Home Servic

Co-Listed By

John Moreno

Berkshire Hathaway Home Servic License #00546701

Last Buyer's Agent

Danny Flores

DANIEL FLORES, BROKER License #01779773

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,192

Year Built

  • Built in 1953

Lot Details

  • 6,908 Sq Ft Lot
  • No Common Walls

Home Design

  • Traditional Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5230022001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,192

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LCC2*
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5230022001
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One

Exterior Features

  • Roof: Other

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6908.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 6908.0000 Square Feet
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Feb 17, 2016
Sold by
Villarreal Margaret M and Villarreal Neil Kathleen
Bought by
Lopez Javier R
Seller's Agent
Daniel Villarreal
Berkshire Hathaway Home Servic
Buyer's Agent
Danny Flores
DANIEL FLORES, BROKER
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$886,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,301
Avg. Annual Appreciation
6.43%
Original Mortgage
$474,050
Outstanding Balance
$376,233
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$522,152

Purchase Details

Closed on
Mar 4, 2010
Sold by
Villarreal Margaret M and Villarreal Neil Kathleen
Bought by
Villarreal Margaret M and Villarreal Neil Kathleen

Purchase Details

Closed on
Dec 22, 2007
Sold by
Garcia Jose I and Garcia Johanna
Bought by
Garcia Jose I and Garcia Martha

Purchase Details

Closed on
Jul 17, 2006
Sold by
Neil Benjamin N S and Neil Eva M
Bought by
Neil Benjamin N S and Villarreal Margaret M

Purchase Details

Closed on
May 20, 1997
Sold by
Neil Eva M
Bought by
Neil Benjamin N S and Neil Eva M
Source: Public Records

Range of Values:

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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
Lopez Javier R $499,000 California Title Company
Villarreal Margaret M -- None Available
Garcia Jose I -- None Available
Neil Benjamin N S -- None Available
Neil Benjamin N S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Javier R $474,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $499,000 0.0% $236 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $499,000 -- $236 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $9,192 $590,707 $307,783 $282,924
2024 $9,192 $579,126 $301,749 $277,377
2023 $8,710 $567,772 $295,833 $271,939
2022 $8,345 $556,640 $290,033 $266,607
2021 $8,251 $545,727 $284,347 $261,380
2019 $8,024 $529,542 $275,914 $253,628
2018 $7,860 $519,159 $270,504 $248,655
2016 $2,397 $58,762 $25,034 $33,728
2015 $2,373 $57,880 $24,658 $33,222
2014 $2,390 $56,747 $24,175 $32,572
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Daniel Villarreal

    Berkshire Hathaway Home Servic

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    John Moreno

    Berkshire Hathaway Home Servic

    Section Image

  • D

    Buyer's Agent in 2016

    Danny Flores

    DANIEL FLORES, BROKER

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315010948

Pasadena-Foothills Association of REALTORS®

APN: 5230-022-001

California Los Angeles County Los Angeles 90063

505 N Gage Ave, Los Angeles, CA

This home is located at 505 N Gage Ave, Los Angeles, CA 90063 since 09 November 2015 and is currently estimated at $886,301, approximately $419 per square foot. This property was built in 1953. 505 N Gage Ave is a home located in Los Angeles County with nearby schools including William R. Anton Elementary School, Belvedere Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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