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822 N Gage Avenue, City Terrace, California 90063, City Terrace, 90063 - 3 bed, 2 bath

822 N Gage Avenue, City Terrace, California 90063 home-pic-0
ACTIVE$750,000
822 N Gage Avenue, City Terrace, California 90063
3Beds
2Baths
1,092Sqft
2,517Lot
Year Built
1924
Close
-
List price
$750K
Original List price
$778K
Price/Sqft
$687
HOA
-
Days on market
-
Sold On
-
MLS number
MB25062200
Home ConditionExcellent
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 36% below the list price. We found 4 Cons,5 Pros. Rank: price - $750.0K(73th), sqft - 1092(55th), beds - 3(50th), baths - 2(50th).

City Terrace View Residence! Tastefully Renovated, Perched atop offers stunning views of San Pedro and the coastline. Home has been thoughtfully upgraded for modern comfort and style. Enjoy peace of mind with new electrical wiring and plumbing throughout, fresh interior and exterior paint, and energy-efficient LED lighting. The home boasts brand-new windows and doors, enhancing both security and aesthetics. The heart of the home is the newly designed kitchen, featuring contemporary finishes and high-end appliances, perfect for culinary enthusiasts. Both bathrooms have been fully remodeled, offering a spa-like experience with every use. This home also features a spacious basement with endless potential, offering you the opportunity to create additional living space, a home office, or a personal gym to suit your future needs. Experience the perfect blend of modern upgrades. Steps to City Terrace Park where you can enjoy walking your dogs, Near USC Keck medical Center, Cal State LA University and all the great amenities NELA & DTLA, Glendale, Pasadena restaurants & shops near Golden State Fwys.

Price History

Date
Event
Price
01/07/25
Sold
$765,000
05/24/24
Sold
$405,000
10/06/23
Sold
$315,000
Condition Rating
Excellent
Despite being built in 1924, this property has undergone an extensive and recent renovation. The description explicitly states 'new electrical wiring and plumbing throughout,' 'brand-new windows and doors,' 'newly designed kitchen, featuring contemporary finishes and high-end appliances,' and 'Both bathrooms have been fully remodeled.' The images confirm a modern, high-quality aesthetic with new flooring, fixtures, and appliances in the kitchen and bathrooms, aligning perfectly with the 'excellent' criteria of being fully renovated recently with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Renovation: The property has undergone a comprehensive renovation, including new electrical wiring, plumbing, interior/exterior paint, energy-efficient LED lighting, and brand-new windows and doors, ensuring modern comfort and reduced immediate maintenance.
Stunning Views: Perched atop City Terrace, the residence offers stunning views of San Pedro and the coastline, enhancing its desirability and potential value.
Prime Location & Accessibility: Located steps from City Terrace Park and near major institutions like USC Keck Medical Center and Cal State LA, with excellent access to NELA, DTLA, Glendale, Pasadena amenities, restaurants, shops, and Golden State Freeways.
Brand New, High-End Kitchen: The home features a newly designed kitchen with contemporary finishes and high-end appliances, appealing to culinary enthusiasts and offering a modern focal point.
Spacious Basement with Potential: A spacious basement provides endless potential for future expansion, allowing for additional living space, a home office, or a personal gym, adding significant value and flexibility.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-01-07. The sold price is $765,000.00.
Significant Overpricing: The current listing price of $750,000 is substantially higher (36% above) than the estimated property value of $477,045.59, which may deter potential buyers and prolong market time.
Small Lot Size: With a lot size of only 2,517 sqft, outdoor living space is limited, which might be a drawback for buyers seeking larger yards or more extensive landscaping opportunities.
Compact Living Space: The interior living space of 1,092 sqft for a 3-bedroom, 2-bathroom home is relatively compact, potentially feeling cramped for some families or those desiring more spacious accommodations.

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