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469 S Gage Ave, Los Angeles, CA 90063
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469 S Gage Ave Los Angeles, CA 90063

$695,000 Sold Price as of 08/02/2021
  • 3 Beds
  • 3 Baths
  • 1,218 Sq.Ft.
Sold
$695,000 Sold Price as of 08/02/2021 Refinance Your Mortgage
Map preview of 469 S Gage Ave, Los Angeles, CA 90063

Property Overview: 469 S Gage Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,218 living square feet and 3,091 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to own this well maintained Duplex in East Los Angeles. Pride of ownership is noted throughout. Wonderful outdoor spaces for tenants to enjoy with shade and grassy areas. Recently painted on the exterior and in good condition all around. Units consist of one 1bed/1bath plus bonus room, one 2bd/1bath plus laundry room, and one non conforming studio unit. Also included are 2 one car garages and a storage area. Close to schools, shopping, freeways, and more. Drive by only. Please do not disturb occupants. Subject to inspection.

Listed by Eugene Ridenour | BRE #01352359 | Compass
Co-listed by Kurt Wisner | BRE #01431217 | Compass
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
3,091
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21751154
City
Los Angeles
County
Los Angeles
Time on Site
1108 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,522
  • Total Rent: $1,522
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $885
  • Total Rent: $885
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.3
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 469 S Gage Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Stackable
Room Information
  • Flooring: Tile
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5238004051
Location / Neighborhood
Location Information
  • Directions: West of Downey Rd and North of 5th St
View more facts & features

Local Los Angeles Agent

Sale History for 469 S Gage Ave

Last sold for $695,000 on August 2nd, 2021

  • August, 2021

  • Aug 2, 2021

    Date

    Sold

    CRMLS: 21751154

    $695,000

    Price

  • Jul 16, 2021

    Date

    Pending

    CRMLS: 21751154

    $629,000

    Price

  • Jul 2, 2021

    Date

    Active Under Contract

    CRMLS: 21751154

    $629,000

    Price

  • Jun 21, 2021

    Date

    Active

    CRMLS: 21751154

    $629,000

    Price

  • October, 2016

  • Oct 3, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2016

  • Apr 4, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 469 S Gage Ave

Assessed Value (2020): $419,176
Year Land Value Improved Value Assessed Value
2020 $291,832 $127,344 $419,176

Home Value Compared to the Market

This property vs the competition

469 S Gage Ave sold on August 2, 2021 for 44.34% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $516.42 per/sqft which puts the price per square foot 31.51% lower than the current median sale per square foot for the city of Los Angeles.

About 469 S Gage Ave

Detailed summary of property

469 S Gage Ave is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,218 living square feet, and sits on an approximately 3,091 square foot lot. 469 S Gage Ave was first listed on ArdentRealEstateGroup.com on June 21, 2021. The homeowner sold the property for $695,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 44.34% lower than the current median priced home. Local homes that are currently for sale include 2043-2045 City View Ave, 673 N Boyle Ave and 130 S Clarence St. While the average home in Los Angeles, CA is selling in 99 days, 469 S Gage Ave has a days on market of 11 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 469 S Gage Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 469 S Gage Ave

Public county record property details
Beds
3
Baths
2
Year built
1924
Sq. Ft.
1,218
Lot Size
3,090
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5238-004-051

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$641
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
41
Median Sale to List Price %
100.01%
Avg Days on Market
35
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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