221 W Gage Ave, Los Angeles, CA 90003
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221 W Gage Ave Los Angeles, CA 90003

$499,999 Sold Price as of 03/26/2019
  • 5 Beds
  • 3 Baths
  • 1 Sq.Ft.
Sold
$499,999 Sold Price as of 03/26/2019 Refinance Your Mortgage

Map preview of 221 W Gage Ave, Los Angeles, CA 90003

Property Overview: 221 W Gage Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1 living square feet and 4,724 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Income property, Both units have upgraded kitchens. First unit consist of 2 bedroom 1 bath with washer and dryer hook ups. Second unit consist of 3 bedroom 2 bath with a bonus room and washer & dryers hooks ups inside. Gated property with plenty of parking space in the back with alley access. This property is perfect to live in one and rent the other.... PRICED TO SELL!!

Listed by Alan Cedillo | BRE #01994547 | Century 21 Allstars
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
4,724
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW18290162
City
Los Angeles
County
Los Angeles
Time on Site
1214 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $1,500
  • New Taxes: $0
  • Trash: $400
  • Insurance: $0
  • Water/Sewer: $1,300

Property Details for 221 W Gage Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Closet, Inside
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Near Public Transit, Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6005021026
  • Year Built Source: Assessor
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Natural Gas Available, Water Available
Location / Neighborhood
Location Information
  • Directions: W off the 110 fwy on Gage
Neighborhood Information
  • Community Features: Curbs, Storm Drains
View more facts & features

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Sale History for 221 W Gage Ave

Last sold for $500,000 on March 26th, 2019
  • March, 2019

  • Mar 29, 2019

    Date

    Sold

    CRMLS: DW18290162

    $499,999

    Price

  • Mar 23, 2019

    Date

    Pending

    CRMLS: DW18290162

    $499,999

    Price

  • Mar 20, 2019

    Date

    Sold

    CRMLS: DW18290162

    $499,999

    Price

  • Feb 20, 2019

    Date

    Active Under Contract

    CRMLS: DW18290162

    $499,999

    Price

  • Dec 12, 2018

    Date

    Active

    CRMLS: DW18290162

    $499,999

    Price

  • March, 2019

  • Mar 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • December, 2015

  • Dec 31, 2015

    Date

    Sold (Public Records)

    Public Records

    $365,000

    Price

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Tax History for 221 W Gage Ave

Assessed Value (2020): $503,400
Year Land Value Improved Value Assessed Value
2020 $352,380 $151,020 $503,400

Home Value Compared to the Market

This property vs the competition

221 W Gage Ave sold on March 26, 2019 for 57.98% 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 $499999 per/sqft which puts the price per square foot 66125.03% higher than the current median sale per square foot for the city of Los Angeles.

About 221 W Gage Ave

Detailed summary of property

221 W Gage Ave is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1 living square feet, and sits on an approximately 4,724 square foot lot. 221 W Gage Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $499,999. 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 57.98% lower than the current median priced home. Local homes that are currently for sale include 2411 Griffith Ave, 1643 E 87th Pl and 10409 S Figueroa St. While the average home in Los Angeles, CA is selling in 93 days, 221 W Gage Ave has a days on market of 65 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 221 W Gage Ave Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 221 W Gage Ave

Public county record property details
Beds
5
Baths
3
Year built
1909
Sq. Ft.
1,888
Lot Size
4,723
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
193
APN
6005-021-026

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
39
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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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.