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1300 W Gage Ave, Los Angeles, CA 90044
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1300 W Gage Ave Los Angeles, CA 90044

$450,000 Sold Price as of 09/09/2020
  • 4 Beds
  • 2 Baths
  • 1,779 Sq.Ft.
Sold
$450,000 Sold Price as of 09/09/2020 Refinance Your Mortgage
Map preview of 1300 W Gage Ave, Los Angeles, CA 90044

Property Overview: 1300 W Gage Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,779 living square feet and 6,211 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Looking for a property with tremendous potential? Are you ready, willing and able to take on a property with rent-control long term tenants (who will be staying), under market rents, and is in need of some repairs? If you are.....then this is an excellent opportunity for you! The type that does not come around very often. These are two detached residences featuring two bedrooms and one bath per unit, one car garage parking per unit, private outdoor space, laundry hookups and original character details.With the right improvements and adjustments these bread and butter units would be a wonderful addition to your property portfolio!

Listed by Nicholas S. Cacarnakis | BRE #01218053 | Berkshire Hathaway HomeServices California
Co-listed by Maria Cacarnakis | BRE #00918084 | Berkshire Hathaway HomeServices California Propert
Last checked: 8 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 93

Home details

Lot Sq. Ft
6,211
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
20546648
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,456
  • Total Rent: $1,456
  • Pro Forma/Market Rent: $2,151
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $933
  • Total Rent: $933
  • Pro Forma/Market Rent: $2,151
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.32
  • Gross Scheduled Income: --
  • Net Operating Income: $14,324
  • Gross Operating Income: $18,926
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1300 W Gage Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 2
  • Parcel Number: 6003034011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located on the corner of Gage & Raymond Avenue / Property has two addresses 1300 W. Gage & 6311 S. Raymond
View more facts & features

Local Los Angeles Agent

Sale History for 1300 W Gage Ave

Last sold for $450,000 on September 9th, 2020

  • September, 2020

  • Sep 9, 2020

    Date

    Sold

    CRMLS: 20546648

    $450,000

    Price

  • Aug 1, 2020

    Date

    Active Under Contract

    CRMLS: 20546648

    $449,000

    Price

  • Jun 25, 2020

    Date

    Price Change

    CRMLS: 20546648

    $449,000

    Price

  • Jun 16, 2020

    Date

    Active Under Contract

    CRMLS: 20546648

    $499,000

    Price

  • May 19, 2020

    Date

    Active

    CRMLS: 20546648

    $499,000

    Price

  • Mar 13, 2020

    Date

    Hold

    CRMLS: 20546648

    $499,000

    Price

  • Feb 29, 2020

    Date

    Price Change

    CRMLS: 20546648

    $499,000

    Price

  • Feb 7, 2020

    Date

    Pending

    CRMLS: 20546648

    $509,000

    Price

  • Jan 23, 2020

    Date

    Active

    CRMLS: 20546648

    $509,000

    Price

  • September, 2020

  • Sep 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • January, 2019

  • Jan 28, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1300 W Gage Ave

Assessed Value (2020): $469,200
Year Land Value Improved Value Assessed Value
2020 $306,000 $163,200 $469,200

Home Value Compared to the Market

This property vs the competition

1300 W Gage Ave sold on September 9, 2020 for 62.27% lower 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 $252.39 per/sqft which puts the price per square foot 66.57% lower than the current median sale per square foot for the city of Los Angeles.

About 1300 W Gage Ave

Detailed summary of property

1300 W Gage Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,779 living square feet, and sits on an approximately 6,211 square foot lot. 1300 W Gage Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $450,000. 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 62.27% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 94 days, 1300 W Gage Ave has a days on market of 93 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1300 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 1300 W Gage Ave

Public county record property details
Beds
4
Baths
2
Year built
1921
Sq. Ft.
1,779
Lot Size
6,210
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
276
APN
6003-034-011

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
$669,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
79
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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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 1300 W Gage Ave

1242 W Gage Ave, Los Angeles, CA 90044
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1236 W Gage Ave, Los Angeles, CA 90044
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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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