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1342 West Gage Avenue

1342 West Gage Avenue, Los Angeles, CA 90044
Sold Oct 07, 2021
$672,000
$537,600 by Castle Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Feb 17, 2021
$435,000
Local assessors in Los Angeles, CA have categorized 1342 West Gage Avenue as a residential type of property. The home was built in 1924 and is 100 years old. It was most recently renovated and altered in 1928. The property's lot size has been calculated to be 6,338 square feet. The linear feet between the front and back of the lot was measured at 1,270 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1342 West Gage Avenue has a total of 1,272 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's floor/wall heating system is the primary heating source. The property was last sold in Sep 22, 2021 for $672,000. That's $528.30 per sqft. Prior to that sales transaction, the property was also sold in Jan 2, 2021 for $435,000. 1342 West Gage Avenue was last assessed in 2023. The total value of the property was assessed at $685,440. Specifically, the land the property is located on was valued at $548,352. While improvements on the property were assessed at a total of $137,088. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,077. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,338
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3987
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 3987 EX OF ST LOT/SEC 268

Ownership

  • Current Owner : FLORES ABELARDO
  • Current Owner 2: GONZALEZ ESTER
  • Previous Owner : DEL MAR HOUSTING LLC
  • Owner Before Previous Owner: BONNER ROOSEVELT
  • Owner Before Previous Owner 2: BONNER LAVAL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 237402

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 51-E5
  • Subdivision Tract Number: 3987
  • Parcel: 6003-034-003
  • Lot: 268
  • Municipality: WEST /HYDE PARK
  • Latitude: 33.9821
  • Longitude: -118.3

    Address

  • Full Address: 1342 W Gage Ave
  • Address - House Number: 1342
  • Street Direction: W
  • Address - Street Name: Gage
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C032
  • 4-Digit Zip Code: 2734
  • Zip Code: 90044

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,077
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 67
  • Final Value: 727,078
  • High Value: 896,482
  • Low Value: 557,674

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $537,600
  • First Open Lien Mortgage Lender: CASTLE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $537,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $685,440
  • Assessed Land Value: $548,352
  • Assessed Improvements Value: $137,088

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11858592266
  • Current Sale Price: $672,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1521289
  • Previous Sale Recording Date: Feb 17, 2021
  • Previous Sale Contract Date: Jan 02, 2021
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CASTLE MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $537,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 1342 West Gage Avenue located in?
The 1342 West Gage Avenue is a located in the neighborhood of Canterbury Knolls in South LA, Los Angeles.
What is the average sales price for listings in 1342 West Gage Avenue?
The average sales price for units in 1342 West Gage Avenue is $0 currently.

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