BUILDINGS/222 N GAGE AVE
/// BUILDING FILE · ROLL 2025

222 N GAGE AVE.

Los Angeles, CA 90063 · APN 5233-009-022

/// WHERE DO WE REACH YOU?

ONE EMAIL, USED TO KEEP THIS LIST AND TO TELL YOU IF A WATCHED BUILDING LISTS OR SELLS. UNSUBSCRIBE ANY TIME.

UNITS

2

BUILDING SF

2,158

SF / UNIT

1,079

YEAR BUILT

1909

BEDROOMS

5

BATHROOMS

2

USE · CODE 0200

DUPLEX

/// OWN THIS BUILDING?

Leave an email and I will send you what it is worth today, in place and on turnover, from comps that closed within three blocks. Free, confidential, inside 48 hours, and no listing pitch until you ask for one.

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/// ASSESSED VALUE
LAND$245,166
IMPROVEMENTS$294,200
TOTAL$539,366
LAND BASE YEAR2014
OWNERSHIP TENUREAPPROX. 12 YEARS

PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.

/// LAST TRANSFER
RECORDEDAPR 30, 2020

No market sale detected on this parcel since 2021. The last recorded transfer may have been a refinance, trust move, or family transfer that didn't reset the Prop 13 base.

/// RENT CONTROL

LA RSO LIKELY, IF INSIDE CITY LIMITS

Built 1909 with 2 units, at an address whose mailing city is Los Angeles. If the parcel is inside the City of Los Angeles, multifamily whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The "Los Angeles" mailing city also covers some unincorporated county neighbourhoods, which fall under the County's own ordinance instead, and these records do not say which side of that line this parcel is on. Confirm the address with LAHD or ZIMAS.

HOW LA RSO WORKS →INFERRED FROM PUBLIC RECORDS. VERIFY WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90063

Recent sales nearby.

PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.

/// COMPARE

Buildings like this one.

/// COMMON QUESTIONS · 222 N GAGE AVE

The short answers.

Is 222 N Gage Ave rent controlled?

Built 1909 with 2 units, at an address whose mailing city is Los Angeles. If the parcel is inside the City of Los Angeles, multifamily whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The "Los Angeles" mailing city also covers some unincorporated county neighbourhoods, which fall under the County's own ordinance instead, and these records do not say which side of that line this parcel is on. Confirm the address with LAHD or ZIMAS. This is an inference from public assessor records, not a determination. Confirm the certificate of occupancy date with the LA Housing Department or ZIMAS before you rely on it for pricing or notices.

How many units does 222 N Gage Ave have?

County records list 2 units at 222 N Gage Ave, classified as duplex across 2,158 square feet of building area, averaging about 1,079 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 222 N Gage Ave built?

The assessor roll gives a build year of 1909, which puts it in the stock old enough for the LA Rent Stabilization Ordinance to reach it, where the building sits inside City of Los Angeles limits. Age drives more than character here. It sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.

When did 222 N Gage Ave last change hands?

The most recent transfer on the roll was recorded April 2020. Not every recorded transfer is a market sale: refinances, trust transfers, and family conveyances all appear in the same field, and those do not reset the assessed value.

What is 222 N Gage Ave assessed at, and is that what it is worth?

The current assessed value is $539,366 ($245,166 land, $294,200 improvements). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for, and this one has held its base year for roughly 12 years.

How do I find out what 222 N Gage Ave would sell for today?

Public records give you the frame, units, size, age, assessed value, and when it last traded, but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.

/// OWNER READING
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