2307 Gatewood St Los Angeles, CA 90031
Elysian Valley Neighborhood
4
Beds
4
Baths
3,009
Sq Ft
5,100
Sq Ft Lot
Highlights
- Detached Guest House
- City Lights View
- Engineered Wood Flooring
- John Marshall Senior High Rated A
- Contemporary Architecture
- Living Room with Attached Deck
About This Home
As of July 2024Transportive & tranquil, this brand newly constructed home offers space, effortless flow, and neutral finishings - a refuge in the heart of Frogtown. The grand property features a 3 bed, 3 bath main home and a newly built 1 bed, 1 bath guest house, with three spacious decks and a central meticulously landscaped outdoor space. A seamless blend of modern amenities with sophisticated design elements including high ceilings, wide hallways, cascading light fixtures, and walls of limewash paint - the home is truly exceptional. Reminiscent of a luxury beach hotel, the front entryway greets entrants with cascading archways adorned with hanging wicker pendant lights. The front door opens into a wide hallway leading to the open concept living space, with a gourmet kitchen that features a stunning center island with waterfall countertops, built-in stainless steel appliances, and an elegant archway above the stove. Adjacent is a dining area with stylish hanging pendant, a living room with gas fireplace, and built in bar area - ideal for the home entertainer. Glass sliding doors open onto the wide outdoor deck, surrounded by ficus hedging and live trees. Each of the main home's three bedrooms have brand new, full ensuite bathrooms. The upstairs primary suite features a walk-in closet, ensuite bathroom with dual sinks and a soaking tub in the shower, and sliding doors leading to a large deck overlooking the backyard. The second upstairs bedroom opens onto a large outdoor deck with mountain views. Behind the main house sits the newly built guest house (legal ADU) - a beautiful 1 bed, 1 bath unit with an expansive and distinguished rooftop deck with 360 degree views. The property offers privacy and security with a fully fenced yard and a large 2-car garage with electric garage door. Additional upgrades include: new sewer, new roof, new plumbing, new electrical, and new HVAC systems, as well as Nest thermostats and tankless water heaters. Located in a prime Frogtown location, this home is just a short distance from the LA River bike path, and some of LA's hottest restaurants like Lingua Franca, Salazar and Loreto. Grand, secure, and serene - an opportunity not to be missed!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,691
Year Built
- Built in 1925 | Remodeled
Lot Details
- 5,100 Sq Ft Lot
- Lot Dimensions are 40x128
- Privacy Fence
- Fenced
- Property is zoned LAR1
Parking
- 2 Car Garage
Property Views
- City Lights
- Hills
Home Design
- Contemporary Architecture
Interior Spaces
- 3,009 Sq Ft Home
- 2-Story Property
- Built-In Features
- Decorative Fireplace
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Concrete
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer Hookup
Outdoor Features
- Balcony
- Open Patio
Additional Homes
- Detached Guest House
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5445-022-030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2024
Closed on
Jul 2, 2024
Sold by
2307 Gatewood Llc
Bought by
Nguyen Thai and Burkholder Margaux
Seller's Agent
Lori Harris
Keller Williams Realty Los Feliz
Buyer's Agent
Brock Harris
Keller Williams Realty Los Feliz
List Price
$2,095,000
Sold Price
$2,200,000
Premium/Discount to List
$105,000
5.01%
Total Days on Market
32
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,851
Avg. Annual Appreciation
-6.47%
Original Mortgage
$1,400,000
Outstanding Balance
$1,389,304
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$684,845
Purchase Details
Closed on
Aug 17, 2021
Sold by
Lopez Maria D and Ibarra Maria G
Bought by
Lopez Maria D and Ibarra Maria G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2005
Sold by
Ibarra Hector
Bought by
Ibarra Maria G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
5.97%
Mortgage Type
Balloon
Purchase Details
Closed on
Oct 31, 2005
Sold by
Correa Cynthia
Bought by
Ramos Maria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
5.97%
Mortgage Type
Balloon
Purchase Details
Closed on
Jul 5, 2005
Sold by
Ramos Maria L and Ramos Elizabeth
Bought by
Correa Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 30, 2003
Sold by
Mendez Maria B
Bought by
Ramos Maria L
Purchase Details
Closed on
Dec 13, 2001
Sold by
Armas Alicia C
Bought by
Mendez Maria B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
8.62%
Purchase Details
Closed on
Jun 6, 2001
Sold by
Buckholtz Nancy
Bought by
Buckholtz Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.21%
Purchase Details
Closed on
May 16, 2001
Sold by
Buckholtz Alan
Bought by
Armas Alicia C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.21%
Purchase Details
Closed on
Apr 11, 2001
Sold by
Buckholtz Blanche A
Bought by
Buckholtz Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.21%
Map
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,200,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title San Diego Branch | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $400,000 | First American Title | |
| Grant Deed | $240,000 | Ticor Title Co Glendale | |
| Grant Deed | -- | -- | |
| Grant Deed | $173,000 | Gateway Title Company | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Grant Deed | $115,000 | Gateway Title Company | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | New Conventional | |
| Previous Owner | $1,539,700 | Construction | |
| Previous Owner | $380,000 | New Conventional | |
| Previous Owner | $48,091 | Negative Amortization | |
| Previous Owner | $294,641 | FHA | |
| Previous Owner | $301,943 | FHA | |
| Previous Owner | $35,000 | Stand Alone Second | |
| Previous Owner | $263,000 | Balloon | |
| Previous Owner | $192,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $192,000 | Unknown | |
| Previous Owner | $138,400 | No Value Available | |
| Previous Owner | $109,250 | No Value Available | |
| Closed | $34,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2024 07/09/24 | Sold | $2,200,000 | +5.0% | $731 / Sq Ft |
| 07/01/2024 07/01/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | For Sale | $2,095,000 | +127.7% | $696 / Sq Ft |
| 06/29/2022 06/29/22 | Sold | $920,000 | -4.2% | $856 / Sq Ft |
| 05/05/2022 05/05/22 | For Sale | $960,000 | +4.3% | $893 / Sq Ft |
| 05/04/2022 05/04/22 | Off Market | $920,000 | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $960,000 | +4.3% | $893 / Sq Ft |
| 05/03/2022 05/03/22 | Off Market | $920,000 | -- | -- |
| 05/03/2022 05/03/22 | For Sale | $960,000 | 0.0% | $893 / Sq Ft |
| 03/30/2022 03/30/22 | Pending | -- | -- | -- |
| 02/26/2022 02/26/22 | For Sale | $960,000 | -- | $893 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2024 | $11,691 | $957,168 | $728,280 | $228,888 |
| 2023 | $11,463 | $938,400 | $714,000 | $224,400 |
| 2022 | $6,125 | $515,088 | $386,322 | $128,766 |
| 2021 | $6,047 | $504,990 | $378,748 | $126,242 |
| 2020 | $6,106 | $499,813 | $374,865 | $124,948 |
| 2019 | $5,864 | $490,014 | $367,515 | $122,499 |
| 2018 | $5,800 | $480,407 | $360,309 | $120,098 |
| 2016 | $5,538 | $461,755 | $346,319 | $115,436 |
| 2015 | $5,456 | $454,820 | $341,117 | $113,703 |
| 2014 | $5,478 | $445,911 | $334,435 | $111,476 |
Source: Public Records
Source: The MLS
MLS Number: 24-396989
APN: 5445-022-030
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