
Los Angeles, California 90001
This Single Family Residence represents a Strong Value Opportunity, listed at $690,000—positioned well above the $654,784 Fair Market Value by -5%. Built in 2007, the property maintains a Good Condition Rating and features a modern, efficient two-story layout. A standout feature is the attached two-car garage entitled for ADU conversion, providing significant rental income potential. This property balances modern amenities like central HVAC with strategic development upside, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1637 E Gage Avenue Subject | $690,000* List Price | 3 | 3 | 1,412 | $464 | - |
A 1503 E Gage Avenue Active | $599,999 List Price | 3 | 3 | 1,412 | $425 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is 19 years old, placing it squarely in the 'Good' category (10-20 years). It features modern systems including central HVAC and an attached garage, and the description indicates it is well-maintained and move-in ready.
The attached two-car garage is already entitled for a future ADU conversion, providing a significant value-add opportunity for rental income or multi-generational living.
Built in 2007, this residence offers contemporary building standards and essential modern comforts, including central heating and air conditioning, which are often missing in older area homes.
The 1,412 sqft floor plan is thoughtfully designed with an open-concept main level for entertaining and all three bedrooms located upstairs to ensure maximum privacy.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1845, living area = 1412.
The property was recently sold within the past year on 2025-07-03. The sold price is $640,000.00.
With a lot size of only 1,845 sqft, the property offers very limited outdoor space, which may be a deterrent for buyers seeking a traditional backyard or garden.
Nestled in an up-and-coming enclave of South Los Angeles, this newer-built residence invites you into a story of comfort, intention, and opportunity. Built in 2007, the home unfolds across two thoughtfully designed levels, where everyday living feels effortless and connected. Step inside to a welcoming main floor where the living and dining areas flow seamlessly into the kitchen, creating a natural gathering space filled with warmth, conversation, and the rhythm of daily life. A convenient half bath on this level adds ease and functionality, making the layout as practical as it is inviting. Upstairs, a sense of privacy takes over, with all three bedrooms tucked away from the main living spaces. The primary suite becomes a quiet retreat, complete with its own en-suite bath, while the additional bedrooms offer flexibility for family, guests, or a home office. Modern comforts like central heating and air conditioning, along with an attached two-car garage with laundry, round out the home’s livability. Beyond what’s already here, the property hints at what’s possible, the garage is already entitled for a future ADU, opening the door to rental income or multi-generational living. It’s a home that not only meets today’s needs but leaves room to grow into tomorrow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 89% |
| Square foot | 1,412 | 1,062.5 | 84% |
| Lot Size | 1,845 | 5,097 | 5% |
| Price | $690.0K | $605.0K | 74% |
| Price per sq ft | $489 | $555 | 24% |
| Built year | 2007 | 1927 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 187 | 3% |
May 6, 2026
$690,000
Initial Listing
Jul 3, 2025
$640,000
Public Record