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Off market
  • Tax assessed value
    $739,128

    1033 S Gage Ave, Los Angeles, CA 90023

    8beds
    0baths
    2,858sqft
    MultiFamily
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $259/sqft
    $2,690 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,690/mo

    Zestimate® history
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    What's special

    Irresistible Investment Potential in East Los Angeles! Consisting of five units with a total of 2,858 sqft and located in a designated Qualified Opportunity Zone (QOZs), this two-building package is 100% occupied! Rare to find in Los Angeles, this multi-unit arrangement also offers potential rental upside as units turnover. Built with a stucco exterior and midcentury style, the front building features 4BR/1BA, a covered porch, durable tile flooring, and a fully fenced-in front yard with brick and wrought iron detailing. All bedrooms are adequately sized with dedicated closets. The back building has a total of four units, which includes two units on the ground floor and two units on the 2nd floor. Each unit is 1BR/1BA with a kitchen and living area. Conveniently included on the property is a carport with five parking spaces, one for each apartment unit. Individual units are separately metered for gas and electricity. Monterey Park and Montebello are within close proximity, in addition to hospitals, schools, shopping, restaurants and both the Freeway 60 and Freeway 710. With so much to offer a shrewd investor and so many desirable traits for tenants, this is a win-win in business.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,858 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport
    Features
    • Levels: Two
    Lot
    • Size: 6,098 Square Feet
    • Features: Level with Street, Rectangular Lot
    Details
    • Parcel number: 5239012019
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $259/sqft
    • Tax assessed value: $739,128
    • Annual tax amount: $11,823

    Price history

    DateEventPrice
    7/13/2020Listing removed$849,000$297/sqft
    Source: RE/MAX of Cerritos #RS20101557 Report a problem
    5/28/2020Listed for sale$849,000+38%$297/sqft
    Source: RE/MAX of Cerritos #RS20101557 Report a problem
    3/31/2015Sold$615,000+1130%$215/sqft
    Source: Public Record Report a problem
    10/30/2008Sold$50,000-92.6%$17/sqft
    Source: Public Record Report a problem
    10/22/2007Sold$675,000+2600%$236/sqft
    Source: Public Record Report a problem
    2/20/1996Sold$25,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,823 +3.4%$739,128 +2%
    2024$11,437 +2.2%$724,636 +2%
    2023$11,190 +4.2%$710,428 +2%
    2022$10,734 +1.1%$696,499 +2%
    2021$10,616 -0.6%$682,844 +1%
    2020$10,684 $675,843 +2%
    2019$10,684 +5.3%$662,592 +2%
    2018$10,147 $649,601 +2%
    2017$10,147 +2.2%$636,865 +2%
    2016$9,926 +2.2%$624,378 +16.5%
    2015$9,713 +13.2%$535,737 +2%
    2014$8,581 $525,244 +2.5%
    2012-- $512,620 +2%
    2011-- $502,570 +0.8%
    2010-- $498,815 -0.2%
    2009-- $500,000 -25.9%
    2008-- $675,000 +75.9%
    2007-- $383,810 +2%
    2006-- $376,285
    2005-- $376,285 +253.9%
    2004-- $106,338 +1.9%
    2003-- $104,390 +2%
    2002-- $102,344 +4%
    2000-- $98,371
    Find assessor info on the county website

    Neighborhood: 90023

    Nearby schools

    GreatSchools rating
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