NOT LISTED FOR SALE

734 N Gage Ave Unit 2 Los Angeles, CA 90063

Estimated Value: $906,000 - $1,330,060

9 Beds
3 Baths
3,156 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $841,000 $266 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,855/month

78 Days on Market

Highlights

  • 0.64 Acre Lot
  • Laundry Room
  • Back Yard
  • James A. Garfield Senior High School Rated A
  • Wrought Iron Fence

About This Home

As of July 2021

Location, Location, must see to appreciate the uniqueness of this home. Breathtaking view of Downtown Los Angeles.

Last Agent to Sell the Property

Yolanda Munoz

Century 21 A Better Service License #01774514 Listed on: 01/31/2021

Century 21 A Better Service

Last Buyer's Agent

Laura Thomas-Mullen

Sotheby's International Realty License #01971075

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,135

Year Built

  • Built in 1948

Lot Details

  • 0.64 Acre Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Lot Sloped Down
  • Back Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 3,156 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6417
  • Assessor Parcel Number 5230019008

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $960
  • Fuel Expense $400
  • Insurance Expense $700
  • Trash Expense $300
  • Water Sewer Expense $900
  • New Taxes Expense $12,000
  • Operating Expense $15,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,135

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: LCR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5230019008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 266.48

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Sloped Down
  • Lot Size Sq Ft: 27676.00
  • Lot Size Acres: 0.6354

Multi Family

  • Electric Expense: 960.00
  • Fuel Expense: 400.00
  • Insurance Expense: 700.00
  • Lot Size Area: 27676.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 15260.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 5309.02
  • Tax Lot: 1
  • Tax Tract Number: 6417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2021
Closed on
Jun 29, 2021
Sold by
Ramirez Alfredo
Bought by
Quintanilla Coralia
Seller's Agent
Yolanda Munoz
Century 21 A Better Service
Buyer's Agent
Laura Thomas-Mullen
Sotheby's International Realty
List Price
$950,000
Sold Price
$841,000
Premium/Discount to List
-$109,000
-11.47%
Current Estimated Value
$1,096,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,765
Avg. Annual Appreciation
5.88%
Original Mortgage
$84,000
Outstanding Balance
$76,382
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$991,530

Purchase Details

Closed on
Apr 30, 2021
Sold by
Razo Robert and Razo Rosalba S
Bought by
Ramirez Marla D and Urrutia Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$76,382
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$991,530

Purchase Details

Closed on
Mar 3, 2016
Sold by
Razo Robert A and Razo Rosalba S
Bought by
The Razo Family Trust
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
Quintanilla Coralia -- Fidelity National Title
Ramirez Marla D $841,000 Fidelity National Title
The Razo Family Trust -- None Available
Razo Robert A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Maria D $84,000
Previous Owner Ramirez Marla D $672,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $841,000 -3.9% $266 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/06/2021 04/06/21 Price Changed $875,000 -7.9% $277 / Sq Ft
01/31/2021 01/31/21 For Sale $950,000 -- $301 / 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 $12,135 $892,474 $636,724 $255,750
2024 $12,135 $874,976 $624,240 $250,736
2023 $11,766 $857,820 $612,000 $245,820
2022 $11,227 $841,000 $600,000 $241,000
2021 $4,680 $278,585 $141,626 $136,959
2020 $4,702 $275,729 $140,174 $135,555
2019 $4,559 $270,324 $137,426 $132,898
2018 $4,217 $265,025 $134,732 $130,293
2016 $4,023 $254,736 $129,501 $125,235
2015 $3,968 $250,910 $127,556 $123,354
2014 $3,982 $245,996 $125,058 $120,938
Source: Public Records

Agents Affiliated with this Home

  • Yolanda Munoz

    Seller's Agent in 2021

    Yolanda Munoz

    Century 21 A Better Service

    (323) 552-6185

    6 in this area

    38 Total Sales

    Yolanda Munoz
    Section Image
  • Laura Thomas-Mullen

    Buyer's Agent in 2021

    Laura Thomas-Mullen

    Sotheby's International Realty

    (323) 240-6600

    2 in this area

    49 Total Sales

    Laura Thomas-Mullen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21020497

California Regional Multiple Listing Service (CRMLS)

APN: 5230-019-008

California Los Angeles County Los Angeles 90063

734 N Gage Ave Unit 2, Los Angeles, CA

This home is located at 734 N Gage Ave Unit 2, Los Angeles, CA 90063 since 31 January 2021 and is currently estimated at $1,096,765, approximately $347 per square foot. This property was built in 1948. 734 N Gage Ave Unit 2 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.

California Regional Multiple Listing Service (CRMLS) 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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