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2301 Gates St, Los Angeles, CA, 90031

$650,000

Home List Price

$7,719*

Closing Credit

3 Bedrooms
1 Full Bath
1,167 SqFt
$557/SqFt
House

Location

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2301 Gates St, Los Angeles$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1905
HeatingFloor Furnace
CoolingNone
FireplaceLiving Room
ViewNeighborhood
MLS #AR24238143
Lot Size0.09 Acres
StatusActive

About 2301 Gates St

Investor Opportunity! Don't miss this fantastic chance to transform this property into your dream home. This single-family residence features 3 bedrooms and 1 bathroom, located in the desirable Lincoln Heights neighborhood. The title reflects 2 bedrooms and 1 bathroom, offering potential for expansion. The long, gated driveway can accommodate 3 cars. A spacious patio presents the opportunity to extend the living areas, while fruit trees enhance the outdoor space for relaxing moments. Conveniently situated within walking distance to schools, banks, restaurants, markets, and more. Easy access to major freeways, USC Health Science Campus, DTLA, Chinatown, Dodger Stadium, and beyond.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1905
  • Stories: 1
  • Living Area: 1,167 SqFt

Listing Office:

  • Office Name: Re/Max Premier Prop Arcadia
  • Office Phone: (626) 802-8122
  • Listing Agent: Anita Wong

Interior Features

Interior Information:

  • Appliances: Gas Range
  • Flooring Type: Wood
  • Interior: All Bedrooms Down
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: At the corner of Gates St and Manitou Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $557/SqFt

Tax Information:

  • Annual Amount: $2,599
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

2301 Gates St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$650,000

-$373.4K Less

$557/SqFt

-$84 Less

KEY TAKEAWAY

This property is $373.4K less than the Median Sold Price and $84/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #AR24238143

Listing Office:

  • Office Name: Re/Max Premier Prop Arcadia
  • Office Phone: (626) 802-8122
  • Listing Agent: Anita Wong

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 17, 1989Home Sold
$129,273

Tax History

YEARPROP. TAXASSESSMENT
2021$2,599$204,102
2020$2,523$202,011
2019$2,435$198,051
2018$2,381$194,169
2017$2,381$190,363

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-540384
6
/10
  • Gates Street Elementary

  • 3333 Manitou Ave

  • 0.03 miles

  • Public District Grades PK-5

school-card-donut-540385
4
/10
  • Griffin Avenue Elementary

  • 2025 Griffin Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-540386
5
/10
  • Los Angeles Leadership Primary Academy

  • 2670 Griffin Ave

  • 0.52 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,989. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2301 Gates St

What is the listing price of this property?

The listing price of 2301 Gates St property is $650,000.

What type of property is this?

The property 2301 Gates St is a house located in Los Angeles, California, 90031.

Is this property for sale now?

Active Listing: 2301 Gates St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,599 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 17, 1989 for $129,273. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2301 Gates St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2301 Gates St is 1,167 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2301 Gates St is 1905.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900312301 Gates St

This home is located at 2301 Gates St in Los Angeles, CA and zip code 90031 in the Lincoln Heights neighborhood. This 1,167 square foot home, which was built in 1905, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $650,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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