651 W Gage, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
651 W Gage
Los Angeles, California 90044
Property Price
SUMMARY
Analysis of 651 W Gage, Los Angeles, California 90044 is currently available with a list price of $850,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1910, this property is well-maintained but shows significant signs of being outdated. While the roof is recently replaced (1 year old), the interior finishes—specifically the kitchens and bathrooms—feature older tile work, dated cabinetry, and standard appliances that likely haven't been modernized in over 15-20 years. The property is functional and move-in ready for a tenant, but it lacks the contemporary upgrades required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Vacant Delivery
The property will be delivered completely vacant at the close of escrow, providing a rare opportunity for investors to set market-rate rents immediately or for owner-occupants to move in without tenant complications.
- Multi-Unit Income Potential
With a duplex configuration plus a detached garage converted into a bonus studio, the property offers three distinct spaces for potential rental income, maximizing the return on investment.
CONSRISKS & DEFICIENCIES
- Historic Age
Built in 1910, the property may require ongoing maintenance or updates to aging infrastructure and systems typical of century-old homes.
- Local School Ratings
The majority of the assigned public schools in the immediate area have lower performance ratings, which may be a drawback for families with school-aged children.
- Recent Price Volatility
A significant $100,000 price increase shortly after the initial listing may lead to appraisal challenges or buyer hesitation regarding the current market valuation.
About 651 W Gage
Great investment opportunity in Los Angeles! This duplex at 651 W Gage Ave is currently owner-occupied and will be delivered completely vacant at close of escrow, offering flexibility for investors or owner-occupants. The front unit features 2 bedrooms, 1 bathroom, plus a bonus room ideal for a home office or additional living space. The roof is only 1 year old, providing added peace of mind. The rear unit offers 1 bedroom and 1 bathroom. The detached garage has been converted into a bonus studio space, adding versatility and potential additional income opportunities. Conveniently located just minutes from the 110 Freeway with easy access to Downtown LA and surrounding areas. A rare opportunity to set your own rents or live in one unit and rent the others!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1910
- Lot Size
- 4,996 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Sixty-First Street Elementary School
Grades K-6 • 0.2 mi
Sixty-Eighth Street Elementary School
Grades K-6 • 0.3 mi
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Grades K-6 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,622 | 2,004 | 24% |
| Lot Size | 4,996 | 5,657 | 6% |
| Price | $850.0K | $850.0K | 50% |
| Price per sq ft | $524 | $404 | 76% |
| Built year | 1910 | 1924 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 213 | 6% |
Pricing History
Listed for Sale
Feb 18, 2026
$850,000
$750,000
+13% Price Increase
Initial Listing
Price Change
Feb 12, 2026
$750,000
Initial Listing
Sold
Feb 21, 2024
$620,000
Public Record