Search
225 W Gage Ave, Los Angeles, CA 90003
View Photos

225 W Gage Ave Los Angeles, CA 90003

$515,000 Sold Price as of 01/16/2020
  • 5 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$515,000 Sold Price as of 01/16/2020 Refinance Your Mortgage
Map preview of 225 W Gage Ave, Los Angeles, CA 90003

Property Overview: 225 W Gage Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, -- 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 FOR OWNER USER - VALUE ADD OPPORTUNITY! Well-maintained duplex with value-add opportunity. Front unit is a 3 bedroom/2 bath, and offican be used as a 4th bedroom space. Back unit is a 2 bedroom/1 bath. Property will be sold with tenants in place. Drive by only and call with any questions. Do not disturb tenants or walk on property without a showing appointment.

Listed by Sandra Park | BRE #01936001 | eXp Realty of California Inc
Co-listed by Sandra Park | BRE #01936001 | eXp Realty of California Inc
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 143

Home details

Lot Sq. Ft
4,724
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19473734
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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.2
  • Gross Scheduled Income: --
  • Net Operating Income: $29,000
  • Gross Operating Income: $36,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 225 W Gage Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Total # of Units: 2
  • Parcel Number: 6005021025
Location / Neighborhood
Location Information
  • Directions: Take the 10 Hwy to the 110 Hwy South. Take Exit 18A towards Gage Avenue. Head West on Gage Avenue to 225-227 Gage Avenue.
View more facts & features

Local Los Angeles Agent

Sale History for 225 W Gage Ave

Last sold for $515,000 on January 16th, 2020

  • January, 2020

  • Jan 18, 2020

    Date

    Sold

    CRMLS: 19473734

    $515,000

    Price

  • Nov 9, 2019

    Date

    Active Under Contract

    CRMLS: 19473734

    $525,000

    Price

  • Sep 29, 2019

    Date

    Price Change

    CRMLS: 19473734

    $525,000

    Price

  • Jun 4, 2019

    Date

    Active

    CRMLS: 19473734

    $547,750

    Price

  • January, 2020

  • Jan 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $515,000

    Price

  • January, 2020

  • Jan 16, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2016

  • Feb 23, 2016

    Date

    Price Change

    CRMLS: RS16032323

    $360,000

    Price

  • Feb 17, 2016

    Date

    Price Change

    CRMLS: RS16032323

    $365,900

    Price

  • Listing provided courtesy of CRMLS

    2-separate units in a lot. Rear unit was built in 2011. Both in very good conditions with entrance by the alley and lots of parking. Centrally located and close to downtown. Perfect for first time buyers. 2-bedrooms, 1-bathroom each unit.

Show More

Tax History for 225 W Gage Ave

Assessed Value (2020): $387,507
Year Land Value Improved Value Assessed Value
2020 $251,122 $136,385 $387,507

Home Value Compared to the Market

This property vs the competition

225 W Gage Ave sold on January 16, 2020 for 55.88% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 225 W Gage Ave

Detailed summary of property

225 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 -- living square feet, and sits on an approximately 4,724 square foot lot. 225 W Gage Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $515,000. 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 55.88% lower than the current median priced home. Local homes that are currently for sale include 220 W Colden Ave, 2411 Griffith Ave and 1643 E 87th Pl. While the average home in Los Angeles, CA is selling in 92 days, 225 W Gage Ave has a days on market of 143 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 225 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 225 W Gage Ave

Public county record property details
Beds
4
Baths
2
Year built
1911
Sq. Ft.
1,708
Lot Size
4,724
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
192
APN
6005-021-025

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
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
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%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 225 W Gage Ave

Nearby Homes for Sale

134 W 60th St, Los Angeles, CA 90003
$545,000
4 Beds
3 Baths
1629 Sq.Ft.
134 W 60th St
Los Angeles, CA 90003
440 W Gage Ave, Los Angeles, CA 90003
$615,000
4 Beds
2 Baths
2049 Sq.Ft.
440 W Gage Ave
Los Angeles, CA 90003
424 E 61st Street, Los Angeles, CA 90003
$599,999
4 Beds
2 Baths
2136 Sq.Ft.
424 E 61st Street
Los Angeles, CA 90003
700 W 53rd St, Los Angeles, CA 90037
$558,900
5 Beds
2 Baths
2 Sq.Ft.
700 W 53rd St
Los Angeles, CA 90037
110 W 48th St, Los Angeles, CA 90037
$479,800
2 Beds
2 Baths
1134 Sq.Ft.
110 W 48th St
Los Angeles, CA 90037
1253 W 65th St, Los Angeles, CA 90044
$599,000
3 Beds
2 Baths
1708 Sq.Ft.
1253 W 65th St
Los Angeles, CA 90044
845 E 80th St, Los Angeles, CA 90001
$599,000
4 Beds
0 Baths
1326 Sq.Ft.
845 E 80th St
Los Angeles, CA 90001
5953 S Denker Ave, Los Angeles, CA 90047
$599,999
3 Beds
3 Baths
1734 Sq.Ft.
5953 S Denker Ave
Los Angeles, CA 90047
1510 W 53rd St, Los Angeles, CA 90062
$599,000
4 Beds
2 Baths
1696 Sq.Ft.
1510 W 53rd St
Los Angeles, CA 90062
1507 W 51St St, Los Angeles, CA 90062
$599,000
4 Beds
2 Baths
1092 Sq.Ft.
1507 W 51St St
Los Angeles, CA 90062
1507 W 51St St, Los Angeles, CA 90062
$599,000
3 Beds
1 Baths
-- Sq.Ft.
1507 W 51St St
Los Angeles, CA 90062
623 E 36th St, Los Angeles, CA 90011
$599,000
2 Beds
2 Baths
1126 Sq.Ft.
623 E 36th St
Los Angeles, CA 90011

Recently Sold Homes Near 225 W Gage Ave

237 W Gage Ave, Los Angeles, CA 90003
$735,000 Last Sold Price
6 Beds
3 Baths
1798 Sq.Ft.
237 W Gage Ave
Los Angeles, CA 90003
222 W 62nd St, Los Angeles, CA 90003
$530,000 Last Sold Price
5 Beds
4 Baths
1997 Sq.Ft.
222 W 62nd St
Los Angeles, CA 90003
236 W Gage Ave, Los Angeles, CA 90003
$450,000 Last Sold Price
4 Beds
2 Baths
176416380 Sq.Ft.
236 W Gage Ave
Los Angeles, CA 90003
244 W 62nd St, Los Angeles, CA 90003
$750,000 Last Sold Price
5 Beds
4 Baths
3385 Sq.Ft.
244 W 62nd St
Los Angeles, CA 90003

Related Resources to 225 W Gage Ave

New Listings in 90003
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote