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1222 W Gage Ave, Los Angeles, CA 90044
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1222 W Gage Ave Los Angeles, CA 90044

$1,385,000 Sold Price as of 07/06/2022
  • 10 Beds
  • 6 Baths
  • 3,850 Sq.Ft.
Sold
$1,385,000 Sold Price as of 07/06/2022 Refinance Your Mortgage
Map preview of 1222 W Gage Ave, Los Angeles, CA 90044

Property Overview: 1222 W Gage Ave Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,850 living square feet and 6,336 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***NO RENT CONTROL*** Subject property is a brand new duplex construction: Central A/C & Heater, the property comes with a 3-car attached garage to the building and apx. additional 7 or more open parking spaces on the lot (some are tandem parking). The property features beautiful laminate flooring throughout the rooms and living areas, and has solar roof panels installed and paid for. Duel pane windows. June 1st, 2022 Tenants moving in and start paying $4400 each unit totaling $8800 monthly income with equal amount of deposits.

Listed by Julie Olsen | BRE #01435744 | Olsen Realty
Last checked: 21 seconds ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
6,336
HOA Dues
$0/mo
Year built
2022
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
OC22099026
City
Los Angeles
County
Los Angeles
Time on Site
741 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,400
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,400
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $105,600
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

Property Details for 1222 W Gage Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile, Wood
  • All Bedrooms Down, All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Gas Range, Refrigerator
Interior Features
  • Levels: Two
  • Window Features: Blinds, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Rain Gutters
  • Has Fence
  • Wood, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6003033008
  • Year Built Source: Estimated
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Going West on Gage Ave in between Vermont Ave & Normandie Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1222 W Gage Ave

Last sold for $1,385,000 on July 6th, 2022

  • July, 2022

  • Jul 6, 2022

    Date

    Sold

    CRMLS: OC22099026

    $1,385,000

    Price

  • May 11, 2022

    Date

    Active

    CRMLS: OC22099026

    $1,375,000

    Price

  • April, 2022

  • Apr 30, 2022

    Date

    Expired

    CRMLS: OC22082193

    $1,375,000

    Price

  • Apr 22, 2022

    Date

    Active

    CRMLS: OC22082193

    $1,375,000

    Price

  • Listing provided courtesy of CRMLS

    A brand new duplex with 10 beds and 6 baths with a 3-car attached garage. Property features laminated flooring throughout except tiled areas, solar panels, and parking spaces in the back lot.

  • April, 2021

  • Apr 20, 2021

    Date

    Sold

    CRMLS: IV21054036

    $460,000

    Price

  • Mar 19, 2021

    Date

    Pending

    CRMLS: IV21054036

    $450,000

    Price

  • Mar 18, 2021

    Date

    Hold

    CRMLS: IV21054036

    $450,000

    Price

  • Mar 16, 2021

    Date

    Active

    CRMLS: IV21054036

    $450,000

    Price

  • Listing provided courtesy of CRMLS

    Cute turn of the century Craftsman design home just minutes from downtown Los Angeles and the beaches. The home features a ice front porch, large lot and a two car garage. The interior is in great shape, there is a second bedroom although the closet is in the bathroom. It also has a newer roof. The exterior of the house does have some dry rot and peeling paint, the garage has severe dry rot and the roof is caving in. Please investors only, no traditional financing. Cash or hard money only.

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Tax History for 1222 W Gage Ave

Assessed Value (2020): $186,469
Year Land Value Improved Value Assessed Value
2020 $139,859 $46,610 $186,469

Home Value Compared to the Market

This property vs the competition

1222 W Gage Ave sold on July 6, 2022 for 15.55% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $357.14 per/sqft which puts the price per square foot 52.7% lower than the current median sale per square foot for the city of Los Angeles.

About 1222 W Gage Ave

Detailed summary of property

1222 W Gage Ave is a duplex that recently sold in Los Angeles, CA 90044. This duplex offered 10 bedrooms, 6 bathrooms, roughly 3,850 living square feet, and sits on an approximately 6,336 square foot lot. 1222 W Gage Ave was first listed on ArdentRealEstateGroup.com on May 11, 2022. The homeowner sold the property for $1,385,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.55% higher than the current median priced home. Local homes that are currently for sale include 1722 W 85th St, 4351 S Western Ave and 8715 Regina Court. While the average home in Los Angeles, CA is selling in 93 days, 1222 W Gage Ave has a days on market of 21 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1222 W Gage Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1222 W Gage Ave

Public county record property details
Beds
1
Baths
1
Year built
1921
Sq. Ft.
1,188
Lot Size
6,336
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
284
APN
6003-033-008

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
78
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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