NOT LISTED FOR SALE

829 N Gage Ave Los Angeles, CA 90063

Estimated Value: $633,000 - $843,000

3 Beds
3 Baths
1,255 Sq Ft
$598/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $229,000 $182 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $4,539/month

83 Days on Market

Highlights

  • Traditional Architecture
  • James A. Garfield Senior High School Rated A
  • No Heating

About This Home

As of February 2012

Now is your chance to own a completely vacant duplex in the City Terrace area of Los Angeles! The property is conveniently located on a bus route (bus stops right in front of property), and is less than a mile from the 10, 60, and 710 freeways. There is a large garden terrace in back for those with a green thumb, as well as a storage shed in front. Great rental opportunity, located in LA unincorporated (NO RENT CONTROL). Tax records shows property as 3 units; however this is a 2-unit property (2/2 + 1/1) with large storage shed (3 detached structures). Buyer is advised to fully investigate the property for himself, including sq. ftg., building permits, zoning, etc.

Last Agent to Sell the Property

Caroline Gim

Expert Real Estate & Investment License #01366389 Listed on: 11/23/2011

Co-Listed By

Aurora Gim

Expert Real Estate & Investment License #00899718

Last Buyer's Agent

Eddie Polanco

PG & Associates Inc License #01222894

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,124

Year Built

  • Built in 1923

Lot Details

  • 7,176

Home Design

  • 1,255 Sq Ft Home
  • Traditional Architecture
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • 7,176 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Block I
  • Assessor Parcel Number 5230009019

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,124

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5230009019
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 182.47

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7176.00
  • Lot Size Acres: 0.1650

Multi Family

  • Lot Size Area: 7176.0000 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
  • Number With Patio: 1

Tax Info

  • Tax Area: 932
  • Tax Block: I
  • Tax Lot: 0.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2017
Sold by
Carbajal Ernesto
Bought by
Carbajal Ernesto and Ernesto Carbajal Family Trust
Current Estimated Value
$751,000

Purchase Details

Closed on
Oct 19, 2017
Sold by
Pantoja Delia Z and Carbajal Ernesto
Bought by
Pantoja Delia Z and Carbajal Ernesto

Purchase Details

Listed on
Nov 23, 2011
Closed on
Jan 23, 2012
Sold by
Carbajal Cindy
Bought by
Carbajal Ernesto
Seller's Agent
Caroline Gim
Expert Real Estate & Investment
Buyer's Agent
Eddie Polanco
PG & Associates Inc
List Price
$234,900
Sold Price
$229,000
Premium/Discount to List
-$5,900
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$223,194
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 23, 2011
Closed on
Jan 9, 2012
Sold by
The Bank Of New York Mellon
Bought by
Pantoja Delia Z and Carbajal Ernesto
Seller's Agent
Caroline Gim
Expert Real Estate & Investment
Buyer's Agent
Eddie Polanco
PG & Associates Inc
List Price
$234,900
Sold Price
$229,000
Premium/Discount to List
-$5,900
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,194
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2011
Sold by
Razo Anthony and Razo Maria O
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 12, 2004
Sold by
Razo Maria O
Bought by
Razo Anthony and Razo Maria O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
Razo Anthony
Bought by
Razo Maria O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.04%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 9, 2002
Sold by
Razo Maria O
Bought by
Razo Anthony and Razo Maria O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
6.89%

Purchase Details

Closed on
Aug 31, 1999
Sold by
Razo Robert A and Razo Armida A
Bought by
Razo Maria O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,223
Interest Rate
7.97%
Mortgage Type
FHA
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
Carbajal Ernesto -- None Available
Pantoja Delia Z -- None Available
Pantoja Delia Z -- None Available
Carbajal Ernesto -- Chicago Title Company
Pantoja Delia Z $229,000 Chicago Title Company
The Bank Of New York Mellon $252,000 Landsafe Title
Razo Anthony -- --
Razo Maria O -- Ticor Title Company
Razo Anthony -- Northern Counties Title
Razo Maria O $95,000 United Title
Razo Maria O -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pantoja Delia Z $223,583
Closed Pantoja Delia Z $223,194
Previous Owner Razo Anthony $40,000
Previous Owner Razo Anthony $410,000
Previous Owner Razo Anthony $245,000
Previous Owner Razo Anthony $175,000
Previous Owner Razo Anthony $125,000
Previous Owner Razo Anthony $95,000
Previous Owner Razo Maria O $35,000
Previous Owner Razo Anthony $157,000
Previous Owner Razo Anthony $149,000
Previous Owner Razo Maria O $52,000
Previous Owner Razo Maria O $35,000
Previous Owner Razo Maria O $17,768
Previous Owner Razo Maria O $94,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2012 02/17/12 Sold $229,000 -2.5% $182 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
11/23/2011 11/23/11 For Sale $234,900 -- $187 / 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 $5,124 $287,626 $275,071 $12,555
2024 $5,124 $281,987 $269,678 $12,309
2023 $4,795 $276,459 $264,391 $12,068
2022 $4,611 $271,039 $259,207 $11,832
2021 $4,560 $265,725 $254,125 $11,600
2020 $4,585 $263,002 $251,520 $11,482
2019 $4,444 $257,846 $246,589 $11,257
2018 $4,317 $252,791 $241,754 $11,037
2017 $4,243 $247,835 $237,014 $10,821
2016 $4,153 $242,976 $232,367 $10,609
2015 $4,097 $239,327 $228,877 $10,450
2014 $4,107 $234,640 $224,394 $10,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P804077

California Regional Multiple Listing Service (CRMLS)

APN: 5230-009-019