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$848888   Price Analysis
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2415 Gates St
Los Angeles, CA 90031
5 bed 3 bath 2161 SqFt ($392/SqFt)
7200SqFt lot. Built 1913
Listed 2023-08-16, Taxes $7228
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

This charming 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 prope rty. Units are registered w/ Ls Angeles Housing Department and 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 west of Alhambra in the upper Lincoln Heights area.


Presented by Abraham Hernandez at
Premier Real Estate Broker, Inc.
Listing Agent Photo

Property MLS #23-299667 from TheMLSCLAW

Bedrooms: 5
Bedroom 1 Features: All Bedrooms Down, WalkInCloset

Total Bathrooms: 3
Full Bathrooms: 3
Bathroom 1 Features: Shower Over Tub, Low Flow Shower(s), Low Flow Toilet(s), Remodeled

Built-Ins
Common Walls
Flooring: Carpet, Laminate, Hardwood
Window Features: Double Pane Windows

Cooktop - Gas
Free Standing Gas
Gas
Oven-Gas

Open to Family Room
Remodeled
Kitchen Features: Open to Family Room, Remodeled

Cooling Features: Wall Unit(s), Wall/Window
Heating Features: Wall Gas

Water Features: Meter on Property

Patio And Porch Features: Porch, Porch - Front, Covered Porch, Covered
Patio Features: Porch, Porch - Front, Covered Porch, Covered

Lot Size Acres: 0.1652893
Lot Size Source: Assessor
Lot Size Square Feet: 7200

Garage Description: Assigned, On street
Parking Total: 5

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 3
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2600, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1050, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 1200

Gross Income: 53386
Number of Units Leased: 2
Tenant Pays: Cable TV, Electric, Gas, Insurance, Trash, Water

Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.18
Directions: Located north of Broadway
Source Property Type: Residential Income
Area: Lincoln Heights
Source Neighborhood: Lincoln Heights
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Parcel Number: 5208-009-007
Zoning: LARD3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$170290 + $409959
$580249
$7228
2021$166951 + $401921
$568872
$7135
2020$156060 + $374544
$530604
$6813
2019$153000 + $367200
$520200
$6554
2018$119046 + $270564
$389610
$4979
2017$116712 + $265259
$381971
$4872
2016$114424 + $260058
$374482
$4746
2015$112706 + $256152
$368858
$4680
2014$110499 + $251135
$361634
$4714
2013$110000 + $250000
$360000
$4714
2012$123235 + $323937
$447172
$5968
2010$60000 + $220000
$280000
$6396
2009$182070 + $416160
$598230
$7616
2009$145819 + $332586
$478405
$7616
2008$178500 + $408000
$586500
$7293
2007$127344 + $275914
$403258
$4954

Listing removed 2024-01-25
$2600
TheMLSCLAW
Relisted 2024-01-11
$848888
TheMLSCLAW
Listing removed 2023-11-15
$898888
TheMLSCLAW
Price Changed 2023-09-15
$898888
TheMLSCLAW
Listed 2023-08-16
$998888
TheMLSCLAW
Listing removed 2022-06-17
$0
TheMLSCLAW
Listed 2022-03-16
$998888
TheMLSCLAW
Listing removed 2019-11-13
$0
TheMLSCLAW
Listing removed 2019-09-28
$0
TheMLSCLAW
Price Changed 2019-08-29
$798888
TheMLSCLAW
Listed 2019-07-25
$850000
TheMLSCLAW
Price Changed for rent 2019-07-17
$2850
TheMLSCLAW
Listed for rent 2019-06-26
$3000
TheMLSCLAW
Listing removed 2018-10-19
$614950
CRISNET
Sold 2018-05-30
$510000
Public Record
Sold 2007-04-25
$575000
Public Record
Sold 2004-03-17
$380000
Public Record
Sold 2001-01-26
$123000
Public Record
Sold 1995-04-21
$130000
Public Record

Net Operating Income: 43986

Total Square Feet Living: 2161
Year Built: 1913
Common Walls: Attached, Detached/No Common Walls
Direction Faces: South
Entry Location: Ground Level w/steps
Levels: One Level
Living Area Source: Assessor
Property Age: 111
Property Condition: Updated/Remodeled
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Assessor

Sewer: In Street
Television: Cable TV

Other Equipment: Built-Ins, Ceiling Fan, Range/Oven
Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated, Smoke Detector

Gates Street Elementary School is a public elementary school located approximately 0.2 miles away.
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Florence Nightingale Middle School is a public middle school located approximately 1.2 miles away.
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Pueblo De Los Angeles Continuation School is a public high school located approximately 0.2 miles away.
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Sacred Heart High School is a private high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.