915 W Gage, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE UNDER CONTRACT$695,000$1,448/sqft
915 W Gage, Los Angeles, California 90044
0Bed
0Bath
1,448Sqft
4,878Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Age of Property: Built in 1922, the property's age suggests potential for outdated systems (plumbing, electrical) and deferred maintenance, which may require future capital expenditures.
Compared to the nearby listings
Price:$695.0K vs avg $750.0K ($-55,000)28%
Size:1,448 sqft vs avg 1,976 sqft16%
Price/sqft:$480 vs avg $36184%
More Insights
Built in 1922 (104 years old).
Condition: Built in 1922, the property has undergone some updates, making it move-in ready and functional. The kitchens feature stainless steel appliances and updated, albeit basic, cabinets and countertops. Bathrooms are clean but basic with older style tile surrounds and pedestal sinks in some. Flooring is a mix of dated tile and newer carpet/laminate. While maintained, the overall style of the renovations appears to be 15-30 years old, and the presence of wall heaters instead of central HVAC indicates older systems. It requires minor updates for modern comfort and style, aligning with a 'Fair' condition.
Year Built
1922
Close
-
List price
$695K
Original List price
$695K
Price/Sqft
$480
HOA
-
Days on market
-
Sold On
-
MLS number
DW26010327
Home ConditionFair
Features
View-
About this home
Amazing Opportunity — Live in One, Rent the Other! This is a rare chance to own two homes on one lot — perfect for owner-occupants, investors, or two families buying together. The front house features 3 bedrooms, 2 full bathrooms, a laundry room, spacious kitchen, large living room, and dining area. The back house offers 1 bedroom, 1 bathroom, a spacious living room, great-size kitchen, and its own laundry room. Both units have private yards, plus a huge overall backyard and plenty of parking. The property will be delivered vacant and is move-in ready. Prime location near Crypto Arena, USC, and BMO Stadium with easy freeway access.This is the perfect setup for generational wealth, investment income, or multi-family living. Come see it today — this one will not last.
T
Terry Avendano
Listing Agent
Nearby schools
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.3mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•0.4mi
3/10
Sixty-First Street Elementary School
Public,•K-6•0.4mi
3/10
Budlong Avenue Elementary School
Public,•K-5•0.5mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.9mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.0mi
5/10
Estrella Elementary School
Public,•K-5•1.1mi
2/10
Main Street Elementary School
Public,•K-5•1.3mi
2/10
Western Avenue Elementary School
Public,•K-5•1.3mi
2/10
John Muir Middle School
Public,•6-8•0.3mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.1mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.6mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.8mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.2mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.4mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.9mi
5/10
Santee Education Complex
Public,•9-12•3.6mi
9/10
Middle College High School
Public,•9-12•4.4mi
Price History
Date
Event
Price
04/25/14
Sold
$360,000
12/14/12
Sold
$165,000
Condition Rating
Fair
Built in 1922, the property has undergone some updates, making it move-in ready and functional. The kitchens feature stainless steel appliances and updated, albeit basic, cabinets and countertops. Bathrooms are clean but basic with older style tile surrounds and pedestal sinks in some. Flooring is a mix of dated tile and newer carpet/laminate. While maintained, the overall style of the renovations appears to be 15-30 years old, and the presence of wall heaters instead of central HVAC indicates older systems. It requires minor updates for modern comfort and style, aligning with a 'Fair' condition.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Dual-Unit Configuration: The property features two independent homes on one lot, offering versatile options for owner-occupancy with rental income, multi-generational living, or a pure investment strategy.
Strong Income & Investment Potential: Explicitly marketed for 'generational wealth' and 'investment income,' this duplex setup is ideal for maximizing returns in a desirable urban market.
Strategic Urban Location: Situated in a prime location near major attractions like Crypto Arena, USC, and BMO Stadium, with easy freeway access, enhancing rental demand and property value.
Immediate Occupancy & Vacant Delivery: The property will be delivered vacant and is move-in ready, allowing for immediate occupancy or rental without the hassle of existing tenants or extensive preparations.
Ample Outdoor Space & Parking: Both units benefit from private yards, complemented by a large overall backyard and plenty of parking, a significant advantage in a dense urban environment.
Cons
Age of Property: Built in 1922, the property's age suggests potential for outdated systems (plumbing, electrical) and deferred maintenance, which may require future capital expenditures.
Lack of Specific Modernization Details: While 'move-in ready,' the description lacks specific details on recent major renovations or upgrades to key areas like kitchens, bathrooms, or infrastructure, which buyers of older homes often seek.
Mixed Local School Ratings: Several nearby schools, including the closest high school and middle school, have lower ratings (2-3), which could be a consideration for family-oriented buyers prioritizing top-tier local education.