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

$700,000 Sold Price as of 06/20/2019
  • 12 Beds
  • 8 Baths
  • 2,806 Sq.Ft.
Sold
$700,000 Sold Price as of 06/20/2019 Refinance Your Mortgage
Map preview of 838 N Gage Ave, Los Angeles, CA 90063

Property Overview: 838 N Gage Ave Los Angeles, CA has 12 bedrooms, 8 bathrooms, 2,806 living square feet and 5,014 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to invest in a none rent control duplex near downtown Los Angeles. Each unit Its has own 2 stories inside with 3 bedrooms, 2 full baths,.Current rent is much lower than the area's average. Basically entire building has good condition. Year built is 2004. Current long term 2 tenants each unit occupying are family each other. Will be sold "AS IS CONDITION" . Please don't bother the tenant.

Listed by SUNG HONG | BRE #01329559 | SM REALTY & INVESTMENTS INC.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 126

Home details

Lot Sq. Ft
5,014
HOA Dues
$0/mo
Year built
2004
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
IV19018318
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 6
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $46,800
  • Total Rent: $46,800
  • Pro Forma/Market Rent: $52,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $46,800
  • Net Operating Income: $33,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,800
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 838 N Gage Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
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
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5230008027
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From 60 Fwy exit to S Lorena St Lefturn and Rt at E Cesar E Chavez and LT to N Gage Ave and the PP is on your Right
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 838 N Gage Ave

Last sold for $700,000 on June 20th, 2019

  • June, 2019

  • Jun 21, 2019

    Date

    Sold

    CRMLS: IV19018318

    $700,000

    Price

  • May 31, 2019

    Date

    Pending

    CRMLS: IV19018318

    $715,000

    Price

  • Apr 12, 2019

    Date

    Price Change

    CRMLS: IV19018318

    $715,000

    Price

  • Mar 7, 2019

    Date

    Price Change

    CRMLS: IV19018318

    $695,000

    Price

  • Jan 24, 2019

    Date

    Active

    CRMLS: IV19018318

    $715,000

    Price

  • June, 2019

  • Jun 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

  • January, 2019

  • Jan 10, 2019

    Date

    Canceled

    CRMLS: IV18297244

    $715,000

    Price

  • Dec 29, 2018

    Date

    Active

    CRMLS: IV18297244

    $715,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2014

  • Jul 25, 2014

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

Show More

Tax History for 838 N Gage Ave

Assessed Value (2020): $714,000
Year Land Value Improved Value Assessed Value
2020 $428,400 $285,600 $714,000

Home Value Compared to the Market

This property vs the competition

838 N Gage Ave sold on June 20, 2019 for 39.92% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $254.81 per/sqft which puts the price per square foot 66.25% lower than the current median sale per square foot for the city of Los Angeles.

About 838 N Gage Ave

Detailed summary of property

838 N Gage Ave is a duplex that recently sold in Los Angeles, CA 90063. This duplex offered 12 bedrooms, 8 bathrooms, roughly 2,806 living square feet, and sits on an approximately 5,014 square foot lot. 838 N Gage Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $700,000. 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 39.92% lower than the current median priced home. Local homes that are currently for sale include 2105 Keith St, 3862 N Broadway and 673 N Boyle Ave. While the average home in Los Angeles, CA is selling in 92 days, 838 N Gage Ave has a days on market of 126 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 838 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 838 N Gage Ave

Public county record property details
Beds
6
Baths
4
Year built
2004
Sq. Ft.
2,806
Lot Size
5,013
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13-16
APN
5230-008-027

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
$615,000
Median List Price/Sq.Ft.
$660
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
30
Median Sale to List Price %
90.57%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (28.57%)

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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