NOT LISTED FOR SALE

525 N Gage Ave Los Angeles, CA 90063

Estimated Value: $826,000 - $975,000

6 Beds
2 Baths
2,318 Sq Ft
$391/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $480,000 $207 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,627/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • James A. Garfield Senior High School Rated A
  • Granite Countertops
  • Home Office

About This Home

As of November 2013

Two on a lot. Pride of ownership! Front house is a beautiful rare Architectural Craftsman Bungalow home with 3 bedrooms 1 bath, a study room that can be a 4th bedroom and a formal dining room. Back house is 3 bedrooms 1 bath. Both homes have been completely remodeled. Front house has beautiful hardwood floors, crown molding in living room and dining room. Beautiful kitchen cabinets with granite counter tops, recess lighting and tile floors. Beautiful bathroom with recess lighting, tile around tub and tile floors, new windows, new texture on walls and ceilings. Back house has all new electrical, drain lines, gas & water lines, roof, patio, tile floors in kitchen, bath and living room, new drywall throughout all interior with texture. Beautiful kitchen cabinets with granite counter tops, recess lighting, new windows and new texture stucco finish. Front yard has an automatic sprinkler system with new sod. New concrete pad between both homes for parking. A must see to appreciate!!!!!!!!!!!!!

Last Agent to Sell the Property

RICHARD LOPEZ

GEORGE MICHAEL REALTY License #00940542 Listed on: 11/11/2013

Last Buyer's Agent

RICHARD LOPEZ

GEORGE MICHAEL REALTY License #00940542 Listed on: 11/11/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,257

Year Built

  • Built in 1948

Lot Details

  • 7,497 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Density is up to 1 Unit/Acre

Parking

  • 6 Parking Spaces

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,318 Sq Ft Home
  • Crown Molding
  • Beamed Ceilings
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Living Room Balcony
  • Home Office

Kitchen

  • Water Line To Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Mirrored Closets Doors
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 5230022017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,257

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LCR2
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 5230022017
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Crown Molding, Granite Counters, Living Room Balcony, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 207.08
  • Room Type: Living Room, Office
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Foundation: Slab, Raised
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater, Water Line to Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Individual Room, Outside, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7497.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lot Size Area: 7497.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2013
Closed on
Nov 15, 2013
Sold by
Lopez Richard and Lopez Irma
Bought by
Gontarski Steven and Perry Robert
Seller's Agent
RICHARD LOPEZ
GEORGE MICHAEL REALTY
Buyer's Agent
RICHARD LOPEZ
GEORGE MICHAEL REALTY
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Current Estimated Value
$906,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,540
Avg. Annual Appreciation
5.93%
Original Mortgage
$373,150
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2013
Closed on
Jan 28, 2013
Sold by
Scadron Phyllis R and Felipa R Duarte Trust
Bought by
Lopez Richard and Lopez Irma
Seller's Agent
RICHARD LOPEZ
GEORGE MICHAEL REALTY
Buyer's Agent
RICHARD LOPEZ
GEORGE MICHAEL REALTY
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.16%

Purchase Details

Closed on
Sep 3, 1997
Sold by
Duarte Felipa R
Bought by
Scadron Phyllis R and The Felipa R Duarte Trust
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
Gontarski Steven $480,000 Wfg Title Company
Lopez Richard $225,000 Investors Title Company
Scadron Phyllis R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gontarski Steven $340,000
Closed Gontarski Steven $377,000
Closed Gontarski Steven $373,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $480,000 -3.8% $207 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
11/11/2013 11/11/13 For Sale $499,000 +121.8% $215 / Sq Ft
02/12/2013 02/12/13 Sold $225,000 0.0% $97 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $225,000 -- $97 / 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 $8,257 $588,401 $245,166 $343,235
2024 $8,257 $576,864 $240,359 $336,505
2023 $7,952 $565,554 $235,647 $329,907
2022 $7,593 $554,466 $231,027 $323,439
2021 $7,502 $543,596 $226,498 $317,098
2020 $7,557 $538,023 $224,176 $313,847
2019 $7,280 $527,475 $219,781 $307,694
2018 $7,109 $517,133 $215,472 $301,661
2016 $6,807 $497,055 $207,106 $289,949
2015 $6,705 $489,590 $203,996 $285,594
2014 $6,707 $480,000 $200,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB13228680

California Regional Multiple Listing Service (CRMLS)

APN: 5230-022-017