2 months on rocket

505 N Gage Ave, Los Angeles, CA, 90063

$985,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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505 N Gage Ave, Los Angeles$985,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned, Concrete
Year Built1953
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNeighborhood
MLS #MB24173561
Lot Size0.16 Acres
StatusActive

About 505 N Gage Ave

We have a fourplex in a great area of ELA. All four units are occupied with long term tenants. Units are in decent shape. They were lightly remodeled by previous ownership. All units have one onsite parking spot.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1953
  • Stories: 1

Listing Office:

  • Office Name: DANIEL FLORES, BROKER
  • Office Phone: (562) 964-5655
  • Listing Agent: DANIEL FLORES

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Carpet, Vinyl
  • Interior: Ceramic Counters, All Bedrooms Down
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Assigned, Concrete

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Corner of N Gage and E. Hammel

Price Information

Listing Price Info

Price Summary:

  • List Price: $985,000

Tax Information:

  • Annual Amount: $8,251
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

505 N Gage Ave vs Los Angeles

85 DAYS ON ROCKET

+47 Days

$985,000

-$38.4K Less

KEY TAKEAWAY

This property is $38.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #MB24173561

Listing Office:

  • Office Name: DANIEL FLORES, BROKER
  • Office Phone: (562) 964-5655
  • Listing Agent: DANIEL FLORES

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 24, 2016Home Sold
$499,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,251$545,727
2020$8,024$540,132
2019$7,859$529,542
2018$7,718$519,159
2017$7,718$508,980

History based on county public records data.

Payment Calculator

$4,984

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,020

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-282083
4
/10

  • William R. Anton Elementary

  • 831 N Bonnie Beach Pl

  • 0.33 miles

  • Public District Grades KG-6

school-card-donut-282084
3
/10

  • Belvedere Elementary School

  • 3724 E 1st St

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-282085
6
/10

  • Malabar Street Elementary

  • 3200 Malabar St

  • 0.57 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,143. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90063›505 N Gage Ave

This home is located at 505 N Gage Ave in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This home, which was built in 1953, sits on a 0.16 acre lot. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $985,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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