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

$670,000 Sold Price as of 03/22/2024
  • 4 Beds
  • 3 Baths
  • 1,920 Sq.Ft.
Sold
$670,000 Sold Price as of 03/22/2024 Refinance Your Mortgage
Map preview of 720 N Gage Ave, Los Angeles, CA 90063

Property Overview: 720 N Gage Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,920 living square feet and 7,009 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built in 1985 this 2 story duplex includes 2 townhouse style units with 2 bedrooms and 2 baths each. Quiet location set back from the street. Open floor plan living space and large bedrooms. Laundry hookups inside the units. All utilities are metered separately, including water! Plenty of parking and with a one car garage, 2 carports and 3 open spaces. View balconies off the primary bedrooms. Low maintenance grounds. Quick freeway access and close to public transportation.

Listed by Linda Corpuz | BRE #01170779 | Villa Realty Group
Last checked: 12 minutes ago | Last updated: March 24th, 2024 | Source CRMLS | DOM: 161

Home details

Lot Sq. Ft
7,009
HOA Dues
$0/mo
Year built
1985
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
PW23163631
City
Los Angeles
County
Los Angeles
Time on Site
383 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,680
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,460
  • Total Rent: $1,752
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,320
  • Net Operating Income: $29,675
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,645
  • Electric: $0
  • Gas/Fuel: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $300
  • Insurance: $514
  • Water/Sewer: $0

Property Details for 720 N Gage Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Flag Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5230019009
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Sewer Assessments
Location / Neighborhood
Location Information
  • Directions: Gage Ave - between Floral and Folsom
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 720 N Gage Ave

Last sold for $670,000 on March 22nd, 2024

  • March, 2024

  • Mar 22, 2024

    Date

    Sold

    CRMLS: PW23163631

    $670,000

    Price

  • Sep 1, 2023

    Date

    Active

    CRMLS: PW23163631

    $699,900

    Price

  • August, 2023

  • Aug 13, 2023

    Date

    Canceled

    CRMLS: PW23086567

    $729,000

    Price

  • May 18, 2023

    Date

    Active

    CRMLS: PW23086567

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    These 2 spacious units comprise a single 2 story building with 2 bedrooms, 2 baths each. The building comes with a 2 car carport and open parking. Separate meters, zero yard maintenance and a common driveway. It's a 1985 building and comes with an open floor plan downstairs combing the kitchen with the family room with plenty of memories to be created. The duplex is slightly elevated and offers a view of City lights facing West. All offers are welcomed with a pre-approval . . . thank Y-O-U ! BTW: there is also an unpermitted living space attached on the South side of the building.

  • April, 2023

  • Apr 18, 2023

    Date

    Expired

    CRMLS: PW23001131

    $748,000

    Price

  • Jan 3, 2023

    Date

    Active

    CRMLS: PW23001131

    $748,000

    Price

  • Listing provided courtesy of CRMLS

    These 2 spacious units comprise a single 2 story building with 2 bedrooms, 2 baths each. The building comes with a 2 car carport and open parking. Separate meters, zero yard maintenance and a common driveway. It's a 1985 building and comes with an open floor plan downstair combing the kitch with the family room with plenty of memories to be created. The duplex is slightly elevated and offers a view of City lights facing West. All offers are welcomed with a pre-approval . . . thank Y-O-U ! BTW: there is also an unpermitted living space attached on the South side of the building.

  • August, 2021

  • Aug 26, 2021

    Date

    Active

    CRMLS: PW21188988

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    The 2 units are comprised of a single 2 story building with 2 bedrooms, 2 baths each.The building comes with a 2 car carport and open parking. Separate meters, zero yard maintenance and a common driveway. The duplex is slightly elevated and offers a view of City lights facing West. All offers are welcomed, thank you.

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Tax History for 720 N Gage Ave

Assessed Value (2020): $181,532
Year Land Value Improved Value Assessed Value
2020 $1,535 $179,997 $181,532

Home Value Compared to the Market

This property vs the competition

720 N Gage Ave sold on March 22, 2024 for 37.59% 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 $364.06 per/sqft which puts the price per square foot 49.72% lower than the current median sale per square foot for the city of Los Angeles.

About 720 N Gage Ave

Detailed summary of property

720 N Gage Ave is a duplex that recently sold in Los Angeles, CA 90063. This duplex offered 4 bedrooms, 3 bathrooms, roughly 1,920 living square feet, and sits on an approximately 7,009 square foot lot. 720 N Gage Ave was first listed on ArdentRealEstateGroup.com on September 1, 2023. The homeowner sold the property for $670,000. 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 37.59% lower than the current median priced home. Local homes that are currently for sale include 509 Camulos St, 2105 Keith St and 1160 S Dacotah St. While the average home in Los Angeles, CA is selling in 106 days, 720 N Gage Ave has a days on market of 161 days. 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 720 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 720 N Gage Ave

Public county record property details
Beds
4
Baths
4
Year built
1985
Sq. Ft.
1,920
Lot Size
7,008
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5230-019-009

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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Recently Sold Homes Near 720 N Gage Ave

719 N Gage Ave, Los Angeles, CA 90063
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719 N Gage Ave
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718 Gage, Los Angeles, CA 90063
$760,000 Last Sold Price
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722 N Gage Ave, Los Angeles, CA 90063
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731 N Gage Ave, Los Angeles, CA 90063
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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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