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718 N Gage Ave, Los Angeles, CA 90063
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718 N Gage Ave Los Angeles, CA 90063

$760,000 Sold Price as of 08/18/2021
  • 10 Beds
  • 10 Baths
  • 1,900 Sq.Ft.
Sold
$760,000 Sold Price as of 08/18/2021 Refinance Your Mortgage
Map preview of 718 N Gage Ave, Los Angeles, CA 90063

Property Overview: 718 N Gage Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 1,900 living square feet and 6,462 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2 individual houses: a 3 bedroom 3 bath and a 2 bedroom 2 bath.

Listed by Roger Luna | BRE #00890732 | Luna RE Corp
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,462
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21126430
City
Los Angeles
County
Los Angeles
Time on Site
1196 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 5
  • # of Baths: 5
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,465
  • Total Rent: $1,465
  • Pro Forma/Market Rent: $372,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1,465
  • Net Operating Income: $1,299
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $166
  • Trash: $1,200
  • Insurance: $800

Property Details for 718 N Gage Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Bath, Dining Room, Family Room, Kitchen, Electric, Gas
Room Information
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Attached Carport, Driveway
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5230019013
  • Year Built Source: Public Records
  • Architectural Style: Bungalow
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: North of Cesar Chavez
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 718 N Gage Ave

Last sold for $760,000 on August 18th, 2021

  • September, 2021

  • Sep 7, 2021

    Date

    Sold

    CRMLS: PW21126430

    $760,000

    Price

  • Sep 7, 2021

    Date

    Pending

    CRMLS: PW21126430

    $750,000

    Price

  • Jun 11, 2021

    Date

    Active

    CRMLS: PW21126430

    $750,000

    Price

Tax History for 718 N Gage Ave

Assessed Value (2020): $45,674
Year Land Value Improved Value Assessed Value
2020 $14,093 $31,581 $45,674

Home Value Compared to the Market

This property vs the competition

718 N Gage Ave sold on August 18, 2021 for 33.04% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $394.74 per/sqft which puts the price per square foot 45.48% lower than the current median sale per square foot for the city of Los Angeles.

About 718 N Gage Ave

Detailed summary of property

718 N Gage Ave is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 1,900 living square feet, and sits on an approximately 6,462 square foot lot. 718 N Gage Ave was first listed on ArdentRealEstateGroup.com on June 11, 2021. The homeowner sold the property for $760,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.04% lower than the current median priced home. Local homes that are currently for sale include 2811 Cincinnati St, 2641 Pomeroy Ave and 4173 Hubbard St. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 718 N 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 718 N Gage Ave

Public county record property details
Beds
5
Baths
2
Year built
1940
Sq. Ft.
2,536
Lot Size
6,462
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5230-019-013

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
$675,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
42
Median Sale to List Price %
100.17%
Avg Days on Market
57
Loan Type
Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

Thinking of Selling?

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(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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