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2230 Gates St
Los Angeles, CA 90031
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Centrally Located Fourplex in the Lincoln Heights Area of Los Angeles
- ±4,114 SF Low-Maintenance Property Situated on a ±8,631 SF Lot
- Property Features Low-Maintenance Mature Landscaping, Surface and Ample Street Parking
- First Time on the Market in 40 Years
- Attractive Unit Mix Featuring 1, One-Bed/One-Bathroom; 1, Two-Bedroom/One-Bathroom; 1, Three-Bedroom/One-Bathroom and 1, 3B/1B House
- Significant Potential for Rental Upside – Opportunity for Approximately 82% Rental Growth to Achieve Market Rents
Property Facts
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Apartment Style | Mid-Rise | Year Built | 1895 |
| Lot Size | 0.20 AC | Parking Ratio | 0.97/1,000 SF |
| Building Size | 4,114 SF | ||
| Zoning | LARD3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Mid-Rise |
| Lot Size | 0.20 AC |
| Building Size | 4,114 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1895 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | LARD3 |
Amenities
Unit Amenities
- Carpet
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,500 | 571 |
| 2+1 | 1 | $900.00 | 1,000 |
| 3+1 | 2 | $1,025 | 1,100 - 1,443 |
Property Taxes
| Parcel Number | 5211-001-017 | Improvements Assessment | $336,600 |
| Land Assessment | $678,300 | Total Assessment | $1,014,900 |
Property Taxes
Parcel Number
5211-001-017
Land Assessment
$678,300
Improvements Assessment
$336,600
Total Assessment
$1,014,900
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