2230 Gates Street

Los Angeles, CA 90031
$950,000
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 awayRead MoreRead Less
Property listed by CB RICHARD ELLIS, ERIC CHEN 626-757-5717
Listing Snapshot
Days Online
41
Last Updated
May 17, 2024
Property Type
Quadruplex
Lot Size
0.2 Acres
Year Built
1895
MLS Number
CV24057869
30 Days Snapshot Of 90031
$710K
-19%
(avg) sold price
11
+175%
homes sold
67
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1895, Building area total: 4,114, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: Item1CommonWall
Community
Curbs, Sidewalks
Cooling
WallWindowUnits
Expenses
Gardener expense: $1,200, Insurance expense: $2,400, Maintenance expense: $2,600, New taxes expense: $12,109, Operating expense: $25,029, Trash expense: $1,800, Water sewer expense: $3,600, Other expense: $1,000
Garage
2 spaces
Heating
WallFurnace
Income
Gross income: $53,400, Net operating income: $26,769
Laundry
CommonArea
Lot
0.1981 acres, 8,631 square feet, Size: 8,631, Item25UnitsAcre
Parking
3 open parking spaces, 5 totals parking
Pool
None
Property
Zoning: LARD3
Sewer
PublicSewer
Spa
None
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Kris Cowen
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Based on information from California Regional Multiple Listing Service, Inc. as of May 17, 2024 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.