new - 6 days on rocket

931 W Gage Ave, Los Angeles, CA, 90044

$1,100,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Baths
3,201 SqFt
$344/SqFt
House

Location

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931 W Gage Ave, Los Angeles$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned
Year Built1957
HeatingWall Furnace
CoolingNone
FireplaceNone
MLS #24470889
Lot Size0.14 Acres
StatusActive

About 931 W Gage Ave

Ready to own a four-unit property with great income. One unit is currently vacant and available for immediate occupancy upon the close of escrow. This vacant unit and the additional units have been renovated, with upgraded features. The property comprises of four spacious 2-bedroom, 1-bathroom units, approximately 800 sq ft, all located on the ground floor. Public records say the building is 3,201 square feet and is situated on a lot of 5982 square feet. Conveniently located on Gage Avenue, the property is less than half a mile from the 110 Freeway, situated between Hoover and Vermont. The surrounding area includes a mix of single-family residences and apartment buildings. The remaining three units generate a total rental income of $6744.00 per month, providing a substantial contribution towards the purchase and living expenses for potential buyers.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 1
  • Living Area: 3,201 SqFt

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: Nathan Bishop

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Refrigerator
  • Flooring Type: Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Use Nav - Take 1-10 East, take 1-110 S towards San Pedro, take exit 18a towards Gage Ave, and turn right at the light. Destination will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $344/SqFt

Tax Information:

  • Annual Amount: $7,400
  • 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

1346

931 W Gage Ave vs Los Angeles

6 DAYS ON ROCKET

-32 Days

$1,100,000

+$78.4K More

$344/SqFt

-$296 Less

KEY TAKEAWAY

This property is $78.4K more than the Median Sold Price and $296/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24470889

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: Nathan Bishop

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: 12/18/2024, 4:20:57 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

Jun 20, 2018Home Sold
$409,500
Jul 23, 2013Home Sold
$687,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,400$578,146
2020$7,190$572,219
2019$4,897$561,000
2018$4,800$370,073
2017$4,800$362,817

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-4387720
3
/10

  • Gerald A. Lawson Academy

  • 929 W 69th St

  • 0.32 miles

  • Public District Grades KG-6

school-card-donut-4387721
6
/10

  • Gil Garcetti Learning Academy

  • 612 W 68th St

  • 0.44 miles

  • Public District Grades KG-6

school-card-donut-4387722
4
/10

  • Budlong Avenue Elementary School

  • 5940 S Budlong Ave

  • 0.45 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,372. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 931 W Gage Ave

What is the listing price of this property?

The listing price of 931 W Gage Ave property is $1,100,000.

What type of property is this?

The property 931 W Gage Ave is a house located in Los Angeles, California, 90044.

Is this property for sale now?

Active Listing: 931 W Gage Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,400 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 20, 2018 for $409,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 931 W Gage Ave has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 931 W Gage Ave is 3,201 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 931 W Gage Ave is 1957.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›931 W Gage Ave

This home is located at 931 W Gage Ave in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This 3,201 square foot home, which was built in 1957, sits on a 0.14 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $1,100,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

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

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