NOT LISTED FOR SALE

2032 Gates St Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $954,000 - $1,572,000

6 Beds
3 Baths
1,695 Sq Ft
$723/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2013

Last sale price $418,200 $247 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $7,419 / mo

50 Days on Market

About This Home

As of September 2013

Perfect Opportunity To Be Close To Downtown LA At A Great Price. These Two Separate Houses (HOME & INCOME) Locate in Quiet & Convenience Location. Each House Is Separated By Fencing And Each Property Has Its Own Access. Main House (#2034 Gates-HOME) Features 4 Bedrooms and 2 Bathrooms With Completed Upgrade. Unit 2 (#2032 Gates-INCOME) Features 2 Bedrooms and 1 Bathroom With Well Kept and Upgrade, It's Occupied By An Good Long-term Tenant pays $960 Per Month. Property Will Be Sold In It's Present "AS IS" Condition With NO Warranties Either Expressed Or Implied. Buyer & Buyer's Agent To Verify Any And All Information Regarding This Property.

Last Agent to Sell the Property

Gloria Chu

IRN REALTY License #01780122 Listed on: 05/10/2013

IRN REALTY

Last Buyer's Agent

LYNN DU TRAN

IRN REALTY License #01035977

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 9,932 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Parking Spaces

Home Design

  • 1,695 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $360
  • Gross Income $960
  • Net Operating Income $930

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

9,932 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 360.00
  • Property Type: Residential Income
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 246.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9932.00
  • Lot Size Acres: 0.2280

Multi Family

  • Gross Income: 960.00
  • Gross Scheduled Income: 960.00
  • Lot Size Area: 9932.0000 Square Feet
  • Net Operating Income: 930.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 30.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2022
Sold by
Bought by
Current Estimated Value
$1,226,000

Purchase Details

Closed on
Sep 23, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2018
Sold by
Bought by

Purchase Details

Listed on
May 10, 2013
Closed on
Sep 14, 2013
Sold by
Bought by
Seller's Agent
Gloria Chu
IRN REALTY
Buyer's Agent
LYNN DU TRAN
IRN REALTY
List Price
$480,000
Sold Price
$418,200
Premium/Discount to List
-$61,800
-12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$290,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- First American Title Company
-- None Available
$418,500 Ticor Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $618,000
Previous Owner $290,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/19/2013 09/19/13 Sold $418,200 -12.9% $247 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $480,000 -- $283 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,034 $781,904 $390,432 $391,472
2024 $9,905 $766,574 $382,777 $383,797
2023 $9,722 $751,544 $375,272 $376,272
2022 $9,289 $736,809 $367,914 $368,895
2021 $9,159 $722,362 $360,700 $361,662
2020 $9,243 $714,956 $357,002 $357,954
2019 $712 $570,089 $350,002 $220,087
2018 $6,172 $498,612 $343,140 $155,472
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gloria Chu

    IRN REALTY

    (626) 447-9521

    28 Total Sales

    Gloria Chu
    Section Image
  • LYNN DU TRAN

    Buyer's Agent in 2013

    LYNN DU TRAN

    IRN REALTY

    (626) 447-5100

    35 Total Sales

    LYNN DU TRAN
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13087373

California Regional Multiple Listing Service (CRMLS)

APN: 5211-003-028

California Los Angeles County Los Angeles 90031 Lincoln Heights

2032 Gates St, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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