NOT LISTED FOR SALE

2427 Gatewood St Los Angeles, CA 90031

Elysian Valley Neighborhood

Estimated Value: $1,100,000 - $1,245,168

4 Beds
2 Baths
1,546 Sq Ft
$752/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $810,000 $524 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,248/month

41 Days on Market

About This Home

As of December 2020

This vacant property will hit the market in about a week. This amazing opportunity to own an income producing vacant duplex in this highly desirable area. Seller took the property off the market do do some nice updates. The two units are positioned ideally on the lot. It has plenty of off-street parking as well as a single detached garage with plenty more room for parking in the driveway. Both units have their separate meters for gas and electrical. You can have the best of both worlds between the quiet ambiance of the location while being just minutes from Downtown Los Angeles as well as trendy shops and cafes. The property is at the end of the street which lends a tranquil 'cul de sac' feeling for the quaint location. This is a "no hassle" probate sale since no court confirmation will be needed. Please note that there is a separate address to the back unit which is 2429 Gatewood making this a legal Duplex.

Last Agent to Sell the Property

Brandon Hauer

Brandon Hauer Real Estate Group License #01741530 Listed on: 10/12/2020

Last Buyer's Agent

wendy zhen

Stanfles Realty License #01988977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,558

Year Built

  • Built in 1923

Lot Details

  • 5,101

Home Design

  • Duplex

Interior Spaces

  • 1,546 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 5,101 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5445-013-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,558

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1546
  • Lot Acreage: 0.1171
  • Probate: Yes
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 575.68

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Driveway - Combination, Garage - 1 Car
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 55.24
  • Assessed Improvement Value: 28898
  • Assessed Land Percent: 44.76
  • Assessed Land Value: 23416
  • Total Assessed Value: 52314
  • Assessor Parcel Number: 5445-013-017
  • Lot Size Area: 5101

Rental Info

  • Court Approve: No

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: Vacant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 8, 2020
Sold by
Sanchez C Efrain and Estate Of Guerrero M Sanchez
Bought by
Sripuntanagoon David and Kith Lena
Seller's Agent
Brandon Hauer
Brandon Hauer Real Estate Group
Buyer's Agent
wendy zhen
Stanfles Realty
List Price
$890,000
Sold Price
$810,000
Premium/Discount to List
-$80,000
-8.99%
Current Estimated Value
$1,163,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,042
Avg. Annual Appreciation
8.09%
Original Mortgage
$608,000
Outstanding Balance
$543,789
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$619,253
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Sripuntanagoon David $810,000 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sripuntanagoon David $608,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $810,000 -9.0% $524 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $890,000 -- $576 / Sq Ft
Source: The MLS

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 $10,558 $876,768 $432,972 $443,796
2024 $10,558 $859,578 $424,483 $435,095
2023 $10,354 $842,724 $416,160 $426,564
2022 $9,870 $826,200 $408,000 $418,200
2021 $9,748 $810,000 $400,000 $410,000
2020 $807 $55,513 $24,848 $30,665
2019 $782 $54,425 $24,361 $30,064
2018 $729 $53,359 $23,884 $29,475
2016 $676 $51,289 $22,957 $28,332
2015 $667 $50,520 $22,613 $27,907
2014 $682 $49,532 $22,171 $27,361
Source: Public Records

Agents Affiliated with this Home

  • Brandon Hauer

    Seller's Agent in 2020

    Brandon Hauer

    Brandon Hauer Real Estate Group

    (323) 445-8547

    1 in this area

    48 Total Sales

    Section Image

  • w

    Buyer's Agent in 2020

    wendy zhen

    Stanfles Realty

    (626) 888-9103

    1 in this area

    2 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 20-635786

The MLS

APN: 5445-013-017

California Los Angeles County Los Angeles 90031 Elysian Valley

2427 Gatewood St, Los Angeles, CA

This home is located at 2427 Gatewood St, Los Angeles, CA 90031 since 12 October 2020 and is currently estimated at $1,163,042, approximately $752 per square foot. This property was built in 1923. 2427 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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