$10,000

closing credit¹

843 N Gage Ave Los Angeles, CA 90063

$1,000,000
3 beds
3 baths
1,578 sqft
0.08 acres
$634 / sqft
House

Property details

About 843 N Gage Ave

Prime Opportunity for Investors or Owner-OccupiersProperty Highlights:* 3 Units Across 2 Separate Buildings* Current Gross Monthly Income: $7,405 (Tenants cover all utilities).* Well-maintained property offering strong rental income with minimal expenses.Unit Details:1. Unit 1: 2 Bedrooms, 1 Bathroom Rents for $2,800/month.2. Unit 2: 1 Bedroom, 1 Bathroom Rents for $2,155/month.3. Unit 3: 1 Bedroom, 1 Bathroom with Private Yard Rents for $2,450/month.Investment Potential:* Ideal for investors seeking reliable income streams. Fully leased with tenants paying all utilities, ensuring consistent cash flow. Don't miss this opportunity to own a versatile, income-generating property with excellent potential for long-term growth.

Highlights

Home typeOther
HeatingNatural Gas
StatusActive
Size1,578 sqft
Lot size0.0797 Acres
Year built1921
ParkingOn Street
MLS #24366231

Summary

  • MLS Number: 24366231
  • MLS Name: CRMLS
  • Office Name: Keller Williams Realty Westside
  • Office Phone: (310) 482-2500
  • Listing Agent: Shahram Shamounpour

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: 1/20/2025, 2:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property entrance

$1,000,000

843 N Gage Ave

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Feb 24, 2015
Home Sold
$370,000
Aug 30, 2010
Home Sold
$201,500
Oct 28, 1998
Home Sold
$215,000
Sep 18, 1997
Home Sold
$91,000

Tax history

YearAssessmentProperty Tax
2021$410,815$6,184
2020$406,603$6,012
2019$398,632$5,926
2018$390,816$5,818
2017$383,154$5,818

History based on county public records data.

Nearby schools

4

William R. Anton Elementary

Public District KG-6

0.2 mi

831 N Bonnie Beach Pl

6

Malabar Street Elementary

Public District KG-6

0.6 mi

3200 Malabar St

4

Harrison Street Elementary

Public District KG-6

0.6 mi

3529 City Terrace Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,800. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are married, with kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

43%
<35k
50%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

25%
Single, No Kids
26%
Single, with Kids
12%
Married, No Kids
37%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
13%
12-17 yrs old
28%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 843 N Gage Ave

This home is located at 843 N Gage Ave in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This 1,578 square foot home, which was built in 1921, sits on a 0.08 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $1,000,000.

Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.

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

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