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2415 Gates St, Los Angeles, CA 90031
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2415 Gates St Los Angeles, CA 90031

$848,888
  • 10 Beds
  • 6 Baths
  • 2,161 Sq.Ft.
For Sale
$848,888 Get Pre-Qualified
Map preview of 2415 Gates St, Los Angeles, CA 90031

Property Overview: 2415 Gates St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 2,161 living square feet and 7,200 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This beautiful centrally located 3 Tri Plex is the property you have been looking for. Front units are rented with long time responsible tenants. ADU compliant, you can add the 4th unit to create the ideal rental property. Units are registered w/ Los Angeles Housing Department & are 100% compliant with 2022 approved certificate (See report in documents). Very high walking score and plenty of assigned parking for all tenants, this is a true Performing property that is ready to be transferred over to the new owner. Neighborhood is just west of Alhambra in the upper Lincoln Heights area.

Listed by Abraham Hernandez | BRE #01773826 | Premier Real Estate Broker, Inc.
Last checked: 14 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 253
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Home details

Lot Sq. Ft
7,200
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23299667
City
Los Angeles
County
Los Angeles
Time on Site
259 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $893
  • Total Rent: $893
  • Pro Forma/Market Rent: $1,050
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $955
  • Total Rent: $955
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.18%
  • Gross Rent Multiplier: 14.55
  • Gross Scheduled Income: --
  • Net Operating Income: $43,986
  • Gross Operating Income: $53,386
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $7,000
  • Gardener: $600
  • Insurance: $1,800

Open Houses for 2415 Gates St

No upcoming open houses

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Property Details for 2415 Gates St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Wood
Kitchen Information
  • Has Appliances
  • Gas Cooktop, Gas Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Street
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5208009007
  • Year Built Source: Assessor
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located north of Broadway
View more facts & features

Local Los Angeles Agent

Sale History for 2415 Gates St

Last leased for $2,600 on October 27th, 2023

  • October, 2023

  • Oct 27, 2023

    Date

    Leased

    CRMLS: 23316011

    $2,600

    Price

  • Sep 28, 2023

    Date

    Active

    CRMLS: 23316011

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    The beautiful centrally located 2 bedroom 1 bath single family home is located on a huge lot with ample parking space. All of the convenience of being minutes from Downtown LA, Dodger Stadium, Occidental College and the USC Keck Medical School Campus with the tranquility of a quite residential.

  • August, 2023

  • Aug 16, 2023

    Date

    Active

    CRMLS: 23299667

    $998,888

    Price

  • July, 2022

  • Jul 1, 2022

    Date

    Expired

    CRMLS: 22137109

    $998,888

    Price

  • Mar 16, 2022

    Date

    Active

    CRMLS: 22137109

    $998,888

    Price

  • Listing provided courtesy of CRMLS

    Before you do anything please click on the virtual tour. The beautiful centrally located 3 Tri Plex is the property you have been looking for. Front units are rented with long time responsible tenants. Rear house is rented at a record breaking rental rate. Units are registered w/ Los Angeles Housing Department & are 100% compliant with 2022 approved certificate (See report in documents). Very high walking score and plenty of assigned parking for all tenants, this is a true Performing property that is ready to be transferred over to the new owner. Neighborhood is just west of Alhambra in the upper Lincoln Heights area.

  • November, 2019

  • Nov 26, 2019

    Date

    Expired

    CRMLS: 19476532

    $798,888

    Price

  • Nov 12, 2019

    Date

    Withdrawn

    CRMLS: 19476532

    $798,888

    Price

  • Aug 29, 2019

    Date

    Price Change

    CRMLS: 19476532

    $798,888

    Price

  • Jul 26, 2019

    Date

    Active

    CRMLS: 19476532

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Before you do anything please click on the virtual tour. The beautiful centrally located 3 Tri Plex is the property you have been looking for. Front units are rented with long time responsible tenants. Rear house is rented at a record breaking rental rate. Units are registered with Housing authority and are 100% RSO compliant. Very high walking score and plenty of assigned parking for all tenants, this is a true Performing property that is ready to be transferred over to the new owner. Neighborhood is just west of Alhambra in the upper Lincoln Heights area.

  • September, 2019

  • Sep 27, 2019

    Date

    Price Change

    CRMLS: 19482350

    $2,550

    Price

  • Sep 26, 2019

    Date

    Pending

    CRMLS: 19482350

    $2,850

    Price

  • Sep 25, 2019

    Date

    Hold

    CRMLS: 19482350

    $2,850

    Price

  • Jul 17, 2019

    Date

    Price Change

    CRMLS: 19482350

    $2,850

    Price

  • Jun 26, 2019

    Date

    Active

    CRMLS: 19482350

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    The beautiful centrally located 2 bedroom 1 bath single family home is located on a huge lot with ample parking space. All of the convenience of being minutes from Downtown LA, Dodger Stadium, Occidental College and the USC Keck Medical School Campus with the tranquility of a quite residential.

  • February, 2019

  • Feb 28, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2018

  • May 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

  • March, 2004

  • Mar 17, 2004

    Date

    Sold

    CRMLS: W303257

    $380,000

    Price

  • Jun 24, 2003

    Date

    Active

    CRMLS: W303257

    --

    Price

  • Listing provided courtesy of CRMLS

    3-UNIT INCOME PROPERTY WITH A DUPLEX IN FRONT(REMODLED 2 YEARS AGO,LIKE NEW)A 2BED/1BA SINGLE HOUSE IN BACK ,JUST REMODLED 1 MONTH AGO (NEW COPPER PLUMPING,ROOF,KITCHEN,WATER HEATER,AND MUCH MORE).SUBMID YOUR OFFER.

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Tax History for 2415 Gates St

Assessed Value (2020): $530,604
Year Land Value Improved Value Assessed Value
2020 $374,544 $156,060 $530,604

Home Value Compared to the Market

This property vs the competition

2415 Gates St is listed 30.7% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $392.82 per/sqft which puts the price per square foot 49.25% lower than the median price per square foot for the city of Los Angeles.

About 2415 Gates St

Detailed summary of property

2415 Gates St is a multi family located in Los Angeles, CA 90031 and is currently for sale. This multi family property offers 10 bedrooms, 6 bathrooms, roughly 2,161 living square feet, and sits on an approximately 7,200 square foot lot. 2415 Gates St was first listed on ArdentRealEstateGroup.com on August 16, 2023. The homeowner is currently asking $848,888 and was originally asking $998,888. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 30.7% lower than the median priced home. Local competing homes currently for sale include 2716 Marengo St, 673 N Boyle Ave and 2511 Fairmount St. While the average home in Los Angeles, CA is selling in 96 days, 2415 Gates St has a days on market of 253 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2415 Gates St Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2415 Gates St

Public county record property details
Beds
4
Baths
3
Year built
1913
Sq. Ft.
2,161
Lot Size
7,168
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5208-009-007

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$828,000
Median List Price/Sq.Ft.
$566
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
35
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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Los Angeles Agent
Call, Text or Message
(714) 706-1823
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Homes for Sale Near 2415 Gates St

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$720,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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