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

$675,000 Sold Price as of 10/23/2020
  • 5 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$675,000 Sold Price as of 10/23/2020 Refinance Your Mortgage

Map preview of 325 W Gage Ave, Los Angeles, CA 90003

Property Overview: 325 W Gage Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, -- living square feet and 5,289 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Recently all unit are fully remodeled. New paint and new flooring, new kitchen cabinet,central heating system. 10 Minutes close downtown LA. Easy access FWY 110. Great investment property

Listed by Bong Sook Sung | BRE #01791678 | Masters Realty Group
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
5,289
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20624018
City
Los Angeles
County
Los Angeles
Time on Site
1206 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 325 W Gage Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Exterior Features
Exterior Information
  • Other Structures: Guest House
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Converted Garage
Property Information
  • Total # of Units: 2
  • Parcel Number: 6005003035
Location / Neighborhood
Location Information
  • Directions: Gage and Broadway
View more facts & features

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Sale History for 325 W Gage Ave

Last sold for $675,000 on October 23rd, 2020
  • October, 2020

  • Oct 24, 2020

    Date

    Sold

    CRMLS: 20624018

    $675,000

    Price

  • Oct 16, 2020

    Date

    Pending

    CRMLS: 20624018

    $675,000

    Price

  • Aug 26, 2020

    Date

    Active

    CRMLS: 20624018

    $675,000

    Price

  • October, 2020

  • Oct 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

  • July, 2020

  • Jul 28, 2020

    Date

    Canceled

    CRMLS: 20563372

    $689,000

    Price

  • Apr 23, 2020

    Date

    Active

    CRMLS: 20563372

    $689,000

    Price

  • Mar 31, 2020

    Date

    Hold

    CRMLS: 20563372

    $689,000

    Price

  • Mar 12, 2020

    Date

    Active

    CRMLS: 20563372

    $689,000

    Price

  • Listing provided courtesy of CRMLS

    All unit are fully remodeled recently. Front unit 3 bed,2 bath, back unit 1 bed,1 bath , studio. Total $4,545 per month actual income. New paint and new flooring, new kitchen cabinet , central heating system. 10 minutes close downtown LA. Easy access FWY 110. Great investment property.

  • October, 2019

  • Oct 12, 2019

    Date

    Sold

    CRMLS: 19481516

    $520,000

    Price

  • Aug 30, 2019

    Date

    Pending

    CRMLS: 19481516

    $524,900

    Price

  • Aug 14, 2019

    Date

    Active

    CRMLS: 19481516

    $524,900

    Price

  • Listing provided courtesy of CRMLS

    Two homes on a gated tree lined lot. Great Investment Income property! Front house is a 3 bedroom, 2 bath 1280 SF with Central heating. The back house is a 1 bedroom, 1 bath 522 SF. Each unit has its own garage. The garage for the 2nd unit has been converted to Bonus room/ Storage room with a non permitted bathroom. Large basement for extra storage. Each unit has a one car garage, Long driveway for extra parking, 2 separate gas meters. Washer/Dryer. Perfect to live in one and rent the other. This location is central to the greater Los Angeles area, minutes to downtown & USC. The property provides the opportunity for improvement and generate income. Both Units will be delivered vacant at close of escrow.

  • October, 2019

  • Oct 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

Show More

Tax History for 325 W Gage Ave

Assessed Value (2020): $520,000
Year Land Value Improved Value Assessed Value
2020 $320,000 $200,000 $520,000

Home Value Compared to the Market

This property vs the competition

325 W Gage Ave sold on October 23, 2020 for 43.28% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 325 W Gage Ave

Detailed summary of property

325 W Gage Ave is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 5 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 5,289 square foot lot. 325 W Gage Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $675,000. 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 43.28% lower than the current median priced home. Local homes that are currently for sale include 6903 Estrella Ave, 217 E 64th St and 820-822 W 61st St. While the average home in Los Angeles, CA is selling in 96 days, 325 W Gage Ave has a days on market of 45 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 325 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 325 W Gage Ave

Public county record property details
Beds
3
Baths
3
Year built
1923
Sq. Ft.
1,802
Lot Size
5,289
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
82
APN
6005-003-035

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
$575,000
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%)

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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.