NOT LISTED FOR SALE

2302 Gatewood St Los Angeles, CA 90031

Elysian Valley Neighborhood

Estimated Value: $886,000 - $1,276,123

3 Beds
2 Baths
1,352 Sq Ft
$771/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $450,000 $333 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $6,245/month

89 Days on Market

Highlights

  • View of Hills
  • Wood Flooring
  • Bungalow
  • John Marshall Senior High Rated A
  • Laundry Room
  • Floor Furnace

About This Home

As of December 2013

ELYSIAN VALLEY PARK Corner Lot with one home on Gatewood the other address is 1215 Blake Ave. Front homes shows as 2 bedroom one bath newer kitchen and floors Blake Ave shows also as a 1 bedroom 1 bath with bonus room House was also updated kitchen with new floors
Great rental income owner collecting $2,300 Garage conversion Front home has basement.

Last Agent to Sell the Property

Roman Chapa

Berkshire Hathaway HomeServices California Properties License #00554613 Listed on: 05/01/2013

Last Buyer's Agent

Ruby Gill

Coldwell Banker Realty License #01236218

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,766

Year Built

  • Built in 1923

Lot Details

  • 5,098 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Property Attached
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • Wood Flooring
  • Views of Hills

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5635
  • Assessor Parcel Number 5445023001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,766

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5445023001
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 332.84

Exterior Features

  • Foundation: Raised
  • View: Hills
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Outside
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5098.00
  • Lot Size Acres: 0.1170

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 2300.00
  • Lot Size Area: 5098.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5635
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2013
Sold by
Tan Jing
Bought by
Chapa Michael
Current Estimated Value
$1,042,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,193
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 29, 2012
Closed on
May 29, 2012
Sold by
Guan Xing W and Kwan Fung S
Bought by
Tan Jing
Seller's Agent
Peter Lam
IRN Realty
Buyer's Agent
Peter Lam
IRN Realty
List Price
$379,000
Sold Price
$362,000
Premium/Discount to List
-$17,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$181,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Chapa Michael $450,000 Title 365
Tan Jing $362,000 Advantage Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapa Michael $354,799
Closed Chapa Michael $386,730
Closed Chapa Michael $388,773
Previous Owner Chapa Michael $389,193
Previous Owner Tan Jing $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $450,000 0.0% $333 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $450,000 +24.3% $333 / Sq Ft
06/21/2012 06/21/12 Sold $362,000 -4.5% $268 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
04/29/2012 04/29/12 For Sale $379,000 -- $280 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $6,766 $551,628 $429,047 $122,581
2024 $6,766 $540,813 $420,635 $120,178
2023 $6,638 $530,210 $412,388 $117,822
2022 $6,331 $519,814 $404,302 $115,512
2021 $6,251 $509,623 $396,375 $113,248
2020 $6,313 $504,398 $392,311 $112,087
2019 $6,066 $494,509 $384,619 $109,890
2018 $5,962 $484,814 $377,078 $107,736
2016 $5,693 $465,990 $362,437 $103,553
2015 $5,611 $458,991 $356,993 $101,998
2014 $5,639 $450,000 $350,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Roman Chapa

    Berkshire Hathaway HomeServices California Properties

  • R

    Buyer's Agent in 2013

    Ruby Gill

    Coldwell Banker Realty

  • Peter Lam

    Seller's Agent in 2012

    Peter Lam

    IRN Realty

    (626) 447-5100

    1 Total Sale

    Peter Lam
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13081654

California Regional Multiple Listing Service (CRMLS)

APN: 5445-023-001

California Los Angeles County Los Angeles 90031 Elysian Valley

2302 Gatewood St, Los Angeles, CA

This home is located at 2302 Gatewood St, Los Angeles, CA 90031 since 01 May 2013 and is currently estimated at $1,042,531, approximately $771 per square foot. This property was built in 1923. 2302 Gatewood St is a home located in Los Angeles County with nearby schools including Dorris Place Elementary School, Irving STEAM Magnet School, and John Marshall Senior High.

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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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