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2230 Gates Street
Los Angeles, CA 90031
Sold
We are pleased to present the opportunity to acquire a fourplex property located at 2230-2232 Gates Street in the Lincoln Heights area of Los Angeles. The property building size totals ±4,114 SF and is situated on a well-maintained ±8,631 square foot lot. 2230-2232 Gates Street is conveniently located minutes away from the 5, 110, and 10 freeways and its cross streets are Manitou Avenue and Baldwin Street. The fourplex is within walking distance to the historic Lincoln Park Recreation Center and offers convenient access to the Metro Lincoln Heights Cypress light rail station, USC Keck School of Medicine, shopping centers, restaurants, and other popular retailers all within a short distance. 2230-2232 Gates Street features low-maintenance mature landscaping. The property has surface vehicle parking and ample street parking. Units feature kitchens with appliances, wall-to-wall carpeting, vertical blinds, wall air conditioning and heating, security screen doors, window guards, and private patios or porches. Neighboring cities include Echo Park, Monterey Park, Alhambra, Silver Lake, East Los Angeles and Highland Park. Significant local landmarks within a 20-mile radius include: Downtown Los Angeles, Crypto.com Arena, LA Live, Griffith Observatory, Universal Studios Hollywood, Rose Bowl Stadium, Hollywood Bowl and the Huntington Library, Art Museum, and Botanical Gardens to name a few. First time on the market in 40 years, 2230-2232 Gates Street is an admirable Los Angeles income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity
PROPERTY INFORMATION
| MLS # | CV24057869 | Lot Size | 8,631 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 950,000
Price Per SqFt: $ 231 |
DOM | 577 Days |
| Address | 2230 Gates Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,114 Sq. Ft. |
| Postal Code | 90031 | Garage | 2 |
| County | Los Angeles | Year Built | 1895 |
| Bed / Bath | 9 / 0 | Parking | 5 |
| Built In | 1895 | Status | Closed |
| Sold Date | 2024-05-17 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| EntryLocation | 1 |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,013
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/17/2024 | Sold | $995,000 |
| 05/03/2024 | Pending | $950,000 |
| 03/22/2024 | Listed | $950,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of ERIC CHEN, CB RICHARD ELLIS. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
