1417 W Gage Avenue, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath

1417 W Gage Avenue, Los Angeles, California 90047 home-pic-0
ACTIVE$734,795
1417 W Gage Avenue, Los Angeles, California 90047
3Beds
2Baths
1,269Sqft
4,169Lot
Year Built
1923
Close
-
List price
$735K
Original List price
$765K
Price/Sqft
$579
HOA
-
Days on market
-
Sold On
-
MLS number
PW24247686
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $734.8K(55th), sqft - 1269(44th), beds - 3(50th), baths - 2(50th).

Want to own a home but don’t want to shoulder all the expenses alone — even though you can afford it? With a smart house hack, you can enjoy your own private living space while your tenants help cover the mortgage. This property is perfectly set up for live-in owners who want comfort and cash flow through short term tenants. High-Demand tenant types include Traveling Nurses, Healthcare Professionals, Graduate/Medical Students, Remote/Hybrid Workers Relocating, Military on Temporary Duty Assignments (TDA), Corp Relo Employees, Recently Single Professionals, International Students/Visiting Scholars, Seasonal/Contract Workers. Open Floor Plan with tens of thousands invested in modern upgrades. Come see just how much this 3-bedroom, 2-bathroom home offers with a spacious kitchen, dining area and living room for a comfortable and practical living space. Kitchen includes modern Granite Countertops, warm Shaker Cabinets and a full range of Appliances: Range, Oven, Microwave and Refrigerator. This home includes Solar, Recessed Lighting, Refinished Hardwood and Luxury Vinyl Flooring, Solid Core Six Panel Interior Doors, and Beautifully Framed Window Dressings. The Private Laundry Room includes a Washer/Dryer for your convenience. The Main Bedroom includes a Private Bath. These employers ARE located within 10 miles:For Health Pros/Traveling Nurses-Centinela Hosp Med Ctr (Inglewood), Martin Luther King, Jr. Comm Hosp (Willowbrook), Dignity Health California Hosp Med Ctr (DTLA), Kaiser Permanente Baldwin Hills–Crenshaw Med Offices;For Grad/Medical Students-USC–University Park Campus (DTLA/Exposition Park), Charles R. Drew Univ of Medicine & Science (Willowbrook), LA Southwest College (West Athens), CSUDH (Carson); For Corporate relocations, seasonal, contract workers tech/aero/entertainment-LA International Airport (LAX), Google (Playa Vista campuses, incl. Spruce Goose Hangar), Amazon Studios at The Culver Studios (Culver City), Sony Pictures Studios (Culver City), SpaceX (Hawthorne), Northrop Grumman (El Segundo), Raytheon–El Segundo, The Aerospace Corporation (El Segundo); Military on TDS-LA Air Force Base/Space Systems Command (El Segundo). This location is only minutes away from King Taco,Sotto,Howlin’ Ray’s,Philippe The Original,Chipotle Mexican Grill,In-N-Out Burger,Panda Express,Chick-fil-A,Los Angeles Memorial Coliseum,BMO Stadium,Exposition Park Recreation Field,Hollywood Recreation Center,LA Theatre Center,Orpheum Theatre and LA Music Center (Downtown).

Nearby schools

3/10
Budlong Avenue Elementary School
Public,K-50.4mi
3/10
Raymond Avenue Elementary School
Public,K-50.8mi
2/10
Western Avenue Elementary School
Public,K-50.9mi
3/10
Seventy-Fourth Street Elementary School
Public,K-51.1mi
2/10
Fifty-Ninth Street Elementary School
Public,K-51.1mi
2/10
John Muir Middle School
Public,6-80.6mi
1/10
Horace Mann Junior High School
Public,6-80.7mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-120.8mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-121.9mi
9/10
Middle College High School
Public,9-124.8mi

Price History

Date
Event
Price
08/13/25
Price Change
$734,795
12/11/24
Listing
$765,000
08/23/17
Sold
$407,000
04/12/13
Sold
$240,000
12/11/12
Sold
$172,000
04/26/01
Sold
$169,000
12/04/00
Sold
$115,000
Condition Rating
Good

Despite being built in 1923, this property has undergone extensive modern upgrades, including a kitchen with warm shaker cabinets, granite countertops, and stainless steel appliances (range, oven, microwave, refrigerator). The bathrooms are also updated with modern vanities and tiled surrounds. The home features recessed lighting, refinished hardwood, luxury vinyl flooring, and solar panels, indicating significant investment in recent years. While some finishes, like the kitchen and bathroom tiles, might not be considered cutting-edge new, they are clean, functional, and reflect a substantial renovation within the last 5-15 years, making the property move-in ready with no immediate renovation required.
Pros & Cons

Pros

Income-Generating Potential: The property is explicitly set up for 'house hacking,' offering significant cash flow potential from short-term tenants, appealing to high-demand tenant types like traveling professionals and students.
Extensive Modern Upgrades: Tens of thousands have been invested in modern upgrades, including an open floor plan, granite countertops, shaker cabinets, new appliances, solar, recessed lighting, and updated flooring.
Strategic Location: Located minutes from major employment hubs (healthcare, education, tech, military) and popular dining/entertainment, ensuring high tenant demand and convenience.
Move-in Ready Amenities: Includes a full suite of kitchen appliances (range, oven, microwave, refrigerator), solar panels, and a private laundry room with washer/dryer, offering immediate comfort and reduced initial costs.
Private Primary Suite: The main bedroom features a private bath, enhancing comfort and privacy, a desirable amenity for occupants.

Cons

Property Age: Built in 1923, the property's age may raise concerns about the condition of underlying infrastructure (e.g., plumbing, electrical, foundation) not explicitly covered by the described modern upgrades.
Absence of Cooling System: There is no mention of air conditioning or any cooling system, which is a significant drawback in the Los Angeles climate and could deter potential tenants or buyers.
Subpar School Ratings: Several nearby public schools have low ratings (1s and 2s), which could be a concern for families with children and potentially impact long-term property value appreciation.

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