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

$615,000
  • 4 Beds
  • 2 Baths
  • 2,049 Sq.Ft.
For Sale
$615,000 Get Pre-Qualified

Map preview of 440 W Gage Ave, Los Angeles, CA 90003

Property Overview: 440 W Gage Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,049 living square feet and 4,931 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Double Delight Investment Opportunity! Two Homes on One Lot!** **Front House:** 2 bed, 1 bath. **Back House:** 2 bed, 1 bath. **Convenient Location:** freeway, shopping, dining nearby. **Versatile Possibilities Await!** Low maintenance and plenty of upside. Additionally, triplex property for sale next door at 444 West Gage Avenue. Sellers are looking for Cash Offers only.

Listed by Brian Lazo | BRE #01778248 | BHB Capital
Last checked: 4 minutes ago | Last updated: February 28th, 2024 | Source CRMLS | DOM: 70
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Home details

Lot Sq. Ft
4,931
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
DW24027428
City
Los Angeles
County
Los Angeles
Time on Site
84 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # 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: 2
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,310
  • Total Rent: $1,310
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,440
  • Net Operating Income: $30,216
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,224
  • Electric: $1,152
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $672
  • Water/Sewer: $2,400

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Property Details for 440 W Gage Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6004040006
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 110 Freeway south exit Gage turn right on Gage Avenue. On left hand side.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 440 W Gage Ave

Last sold on January 10th, 2018
  • February, 2024

  • Feb 8, 2024

    Date

    Active

    CRMLS: DW24027428

    $650,000

    Price

  • January, 2018

  • Jan 10, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2013

  • Nov 21, 2013

    Date

    Sold (Public Records)

    Public Records

    $298,000

    Price

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Tax History for 440 W Gage Ave

Assessed Value (2020): $324,727
Year Land Value Improved Value Assessed Value
2020 $238,134 $86,593 $324,727

Home Value Compared to the Market

This property vs the competition

440 W Gage Ave is listed 49.8% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $300.15 per/sqft which puts the price per square foot 61.22% lower than the median price per square foot for the city of Los Angeles.

About 440 W Gage Ave

Detailed summary of property

440 W Gage Ave is a duplex located in Los Angeles, CA 90003 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 2,049 living square feet, and sits on an approximately 4,931 square foot lot. 440 W Gage Ave was first listed on ArdentRealEstateGroup.com on February 8, 2024. The homeowner is currently asking $615,000 and was originally asking $650,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 49.8% lower than the median priced home. Local competing homes currently for sale include 132 E 60th St, 7407 S Figueroa St and 6114 Wall St. While the average home in Los Angeles, CA is selling in 96 days, 440 W Gage Ave has a days on market of 70 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 440 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 440 W Gage Ave

Public county record property details
Beds
4
Baths
2
Year built
1921
Sq. Ft.
1,734
Lot Size
4,930
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
6004-040-006

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.