843 North Gage Avenue

Los Angeles, CA 90063

$1,000,000
Price
3
Beds
3
Baths
1,578 Sq. Ft.
$634 / Sq. Ft.
1,578
Sq. Ft.
$634
per Sq. Ft.

Description

ONE UNIT VACANT. ( SINGLE FAMILY WITH YARD)Excellent Income Producing Property. Good opportunity for the owner user, and investor to live in one and get income from 2 other units The property includes 3 units. Each unit has one bedroom and one bathroom. The front unit ( 843 N GAGE AVE) is VACANT and has a beautiful private yard, The back structure has 2 units. The upstairs ( 3727 1/2 Blanchard Street) unit is paying $2800 monthly. The downstairs unit ( 3727 Blanchard) is paying $2092. All units have...ONE UNIT VACANT. ( SINGLE FAMILY WITH YARD)Excellent Income Producing Property. Good opportunity for the owner user, and investor to live in one and get income from 2 other units The property includes 3 units. Each unit has one bedroom and one bathroom. The front unit ( 843 N GAGE AVE) is VACANT and has a beautiful private yard, The back structure has 2 units. The upstairs ( 3727 1/2 Blanchard Street) unit is paying $2800 monthly. The downstairs unit ( 3727 Blanchard) is paying $2092. All units have been remodeled, both exterior and interior. All utilities are paid by tenants.
  1. Listed by Shahram Shamounpour • DRE #02122389 • Brokerage DRE #01125362 • Keller Williams Realty Westside

Property Details for 843 North Gage Avenue

Zoning
LCR2*
Parcel Number
5230010015
Total Units
3.0
Living Area
1578
Source Living Area
Vendor Enhanced
Area
East LA
Vacancy Rate
1
Lot Size Area
3471
LISTING UPDATED: 11/18/2024 11:46 AM

Property Details for 843 North Gage Avenue

StatusActive
MLS #24-366231
Days on Market262
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.08 AC / 3,471 SF
CountyLos Angeles County

Building Information for 843 North Gage Avenue

Stories-Residences-Year Built1921Building Size-Lot Size0.08 AC / 3,471 SF

Property Information for 843 North Gage Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • Security Features: Gated
  • Water Heaters: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $81,600
  • Net Operating Income: $61,200.00
  • Gross Income: $81,600
  • Cap Rate: 8.50%
  • Gross Rent Multiplier: $11.65
  • Total Annual Expense: 20400
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.0797
  • Lot Size Square Feet: 3471
Parking Details
Parking Details
  • Parking Garage: Driveway Gate, On street
  • Total Parking: 0
  • Parking Features: Street
Interior Features
Interior Features
  • Levels: Two, One
  • Cooling Type: Window Unit(s)
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Equipment: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-14-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,072.00
  • Unit Actual Rent: $2,072.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $138,619.00
  • Assessed Improvement Percent: 32.43
  • Assessed Land Value: $288,791.00
  • Assessed Land Percent: 67.57
  • Assessed Total Value: $427,410.00

Property History for 843 North Gage Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 843 North Gage Avenue

Taxable ValueLand$294,566Additions$141,391Total$435,957
Tax Record2024$6,895 ($575 / month)
Home Facts
Total Finished SqFt1,578 SqFtAbove Grade Finished SqFt1,578 SqFtLot Size3,471 SqFtStyleTriplexYear Built1921ZoningLCR2*CountyLOS ANGELESAPN5230-010-015

Schools near 843 North Gage Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
William R. Anton Elementary School
PublicK to 6

Alliance College-Ready Middle Academy 8
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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843 North Gage Avenue is a multi-family home for sale in Los Angeles, CA 90063. This property was listed for sale on March 7, 2024 by Keller Williams Realty Westside, it's currently listed at $1,000,000. It has been on the market for a total of 262 days and was last sold on February 24, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include William R. Anton Elementary School, Alliance College-Ready Middle Academy 8 and East Los Angeles Renaissance Academy At Esteban E. Torres High No. 2. 843 North Gage Avenue is a 3-bed, 3-bath, 1,578 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Westside, Shahram Shamounpour, DRE #02122389

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.