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1437 W Gage Ave, Los Angeles, CA 90047
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1437 W Gage Ave Los Angeles, CA 90047

$450,000 Sold Price as of 01/09/2020
  • 2 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$450,000 Sold Price as of 01/09/2020 Refinance Your Mortgage
Map preview of 1437 W Gage Ave, Los Angeles, CA 90047

Property Overview: 1437 W Gage Ave Los Angeles, CA has 2 bedrooms, 3 bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Nice hot Income property in the Greater Los Angeles area where rents are increasing continuously. Great Opportunity to fix and flip or hold for residual income. First unit is listed as a 2 bedroom 2 bath but actually has a total of 4 rooms 2 baths. 2 rooms are bonus rooms. In addition to the bonus room still has an office room. 2 other units are very spacious singles. Also has a bonus unit as well with Jacuzzi installed. Total of 4 units. Will be delivered vacant at coe. Income property with gross monthly income of $6,000 or more. Sq ft of first unit is around 1800. Sq ft of other 3 units are about 800. 4 units total. Centrally located mins from new Inglewood stadium, Coliseum, and new soccer stadium. Price dropped 100k. Seller is very motivated

Listed by Jeremy Miller | BRE #02008268 | Keller Williams Silicon Beach
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 113

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19503486
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $4,900
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1437 W Gage Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 6002026006
Location / Neighborhood
Location Information
  • Directions: Gage/Normandie Near Inglewood
View more facts & features

Local Los Angeles Agent

Sale History for 1437 W Gage Ave

Last sold for $550,000 on October 1st, 2020

  • October, 2020

  • Oct 1, 2020

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • January, 2020

  • Jan 11, 2020

    Date

    Sold

    CRMLS: 19503486

    $450,000

    Price

  • Dec 20, 2019

    Date

    Active Under Contract

    CRMLS: 19503486

    $615,000

    Price

  • Dec 18, 2019

    Date

    Pending

    CRMLS: 19503486

    $615,000

    Price

  • Dec 5, 2019

    Date

    Active

    CRMLS: 19503486

    $615,000

    Price

  • Nov 26, 2019

    Date

    Active Under Contract

    CRMLS: 19503486

    $615,000

    Price

  • Nov 19, 2019

    Date

    Pending

    CRMLS: 19503486

    $615,000

    Price

  • Nov 4, 2019

    Date

    Price Change

    CRMLS: 19503486

    $615,000

    Price

  • Oct 7, 2019

    Date

    Active Under Contract

    CRMLS: 19503486

    $650,000

    Price

  • Sep 23, 2019

    Date

    Price Change

    CRMLS: 19503486

    $650,000

    Price

  • Aug 24, 2019

    Date

    Active

    CRMLS: 19503486

    $750,000

    Price

  • January, 2020

  • Jan 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

Show More

Tax History for 1437 W Gage Ave

Assessed Value (2020): $35,841
Year Land Value Improved Value Assessed Value
2020 $22,613 $13,228 $35,841

Home Value Compared to the Market

This property vs the competition

1437 W Gage Ave sold on January 9, 2020 for 45.09% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 1437 W Gage Ave

Detailed summary of property

1437 W Gage Ave is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 2 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 1437 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 $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 45.09% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 106 days, 1437 W Gage Ave has a days on market of 113 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1437 W Gage Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1437 W Gage Ave

Public county record property details
Beds
4
Baths
3
Year built
1931
Sq. Ft.
1,680
Lot Size
4,600
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
98
APN
6002-026-006

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$564
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
101
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

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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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