440 West Gage Avenue

Los Angeles, CA 90003

$615,000
Price
4
Beds
2
Baths
2,049 Sq. Ft.
$300 / Sq. Ft.
2,049
Sq. Ft.
$300
per Sq. Ft.

Description

Double Delight Investment Opportunity! Two Homes on One Lot! Front House: 2 bed, 1 bath. Back House: 2 bed, 1 bath. Convenient Location: freeway, shopping, dining nearby. Versatile Possibilities Await! Low maintenance and plenty of upside. Additionally, triplex property for sale next door at 444 West Gage Avenue. Sellers are looking for Cash Offers only.Double Delight Investment Opportunity! Two Homes on One Lot! Front House: 2 bed, 1 bath. Back House: 2 bed, 1 bath. Convenient Location: freeway, shopping, dining nearby. Versatile Possibilities Await! Low maintenance and plenty of upside. Additionally, triplex property for sale next door at 444 West Gage Avenue. Sellers are looking for Cash Offers only.
  1. Listed by Brian Lazo • DRE #01778248 • Brokerage DRE #02135849 • BHB Capital • 323-469-9551

Property Details for 440 West Gage Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2049
Assessor Parcel Number
6004-040-006
Property Attached YN
false

Location

Listing Courtesy of BHB Capital, Brian Lazo, DRE #01778248
Add your commute
LISTING UPDATED: 02/28/2024 03:13 AM

Property Details for 440 West Gage Avenue

StatusActive
MLS #DW24027428
Days on Market81
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.11 AC / 4,931 SF
CountyLos Angeles County

Location

Listing Courtesy of BHB Capital, Brian Lazo, DRE #01778248
Add your commute

Building Information for 440 West Gage Avenue

Stories1Residences-Year Built1921Building Size-Lot Size0.11 AC / 4,931 SF

Payment Calculator

$3,730 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,356

Property Taxes

$374

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 440 West Gage Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $34,440
  • Gross Scheduled Income: $34,440
  • Net Operating Income: $30,216
Expense Details
  • Operating Expense: $4,224
  • Fuel Expense: $0
  • Electric Expense: $1,152
  • Insurance Expense: $672
  • Trash Expense: $0
  • Water Sewer Expense: $2,400
  • Total Expenses: $4,224
Tax / Assessment Info
  • Tax Tract Number: 8032
  • Tax Census Tract: 2376.00
  • CFD/Mello-Roos Fee: $391
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,560
  • Unit Type Total Rent: $1,560
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,310
  • Unit Type Total Rent: $1,310
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 440 West 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 440 West Gage Avenue

Taxable ValueLand$250,321Additions$91,023Total$341,344
Tax Record2023$4,485 ($374 / month)
Home Facts
Total Finished SqFt1,734 SqFtAbove Grade Finished SqFt1,734 SqFtLot Size4,931 SqFtStyleDuplexYear Built1921ZoningLAR4CountyLOS ANGELESAPN6004-040-006

Schools near 440 West Gage Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sixty-First Street Elementary School
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 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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440 West Gage Avenue is a multi-family home for sale in Los Angeles, CA 90003. This property was listed for sale on February 8, 2024 by BHB Capital, it's currently listed at $615,000. It has been on the market for a total of 81 days and was last sold on December 30, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Sixty-First Street Elementary School, Mary Mcleod Bethune Middle School and Augustus F. Hawkins High A Critical Design And Gaming. 440 West Gage Avenue is a 4-bed, 2-bath, 2,049 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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHB Capital, Brian Lazo, DRE #01778248

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.