$1,100,000

931 W Gage Ave Los Angeles, CA 90044

$10,000
Closing credit¹
8 beds
4 baths
3,201 sqft
0.1 acres
$344 / sqft
House

Property details

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.

Highlights

Home typeOther
HeatingWall Furnace
StatusActive
Size3,201 sqft
Lot size0.1373 Acres
Year built1957
ParkingAssigned
MLS #24470889

Summary

  • MLS Number: 24470889
  • MLS Name: CRMLS
  • 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: 2/22/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,100,000

931 W Gage Ave

$10,000

closing credit¹

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Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$613,530$7,992
2023$601,501$7,850
2022$589,708$7,506
2021$578,146$7,400
2020$572,219$7,190
2019$561,000$4,897
2018$370,073$4,799
2017$362,817$4,799

History based on county public records data.

Nearby schools

3

Gerald A. Lawson Academy

Public District KG-6

0.3 mi

929 W 69th St

6

Gil Garcetti Learning Academy

Public District KG-6

0.4 mi

612 W 68th St

4

Budlong Avenue Elementary School

Public District KG-5

0.4 mi

5940 S Budlong Ave

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 $18,372. Residents of Los Angeles, CA typically earn less than $<35k each year. Residents typically live in single, with kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

78%
<35k
19%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

33%
Single, No Kids
41%
Single, with Kids
7%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
30%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

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 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.

Los Angeles, CA housing market in January 2025 saw over 294 listings sold above listed price, more than 161 sold at listed price and over 545 sold below. In January 2025 in Los Angeles, CA there were 20.1% more homes for sale than in December. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.

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

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