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2023 Gates Street

Los Angeles (City), CA 90031
  • $958,000
  • STATUS: Active
  • ON SITE: 78 days
  • ID#: WS21098702
UPDATED: 13 min ago
$958,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Ratings & Info

Description

BEST DEAL YOU WILL FIND!!!Great Opportunity to own 2 units in a HIGHLY Desirable Area of Lincoln Heights.This Duplex consist of THREE Separate Structures, Front Unit, Rear Unit and a Third Shed for Storage. Both units have been Tastefully Remodeled with Updated Kitchens and Bathrooms in 2019. The Front Unit comes Complete with High coffered Ceiling,Tile Floor/Laminate Flooring, Tile Back Splash in Kitchen, Quartz Counter Tops, Newer Lighting Fixtures, Newer Cabinets, etc.The Rear Unit also comes Complete with Newer Kitchen , Island in Kitchen, Galaxy Marble Tops, Stainless Steel Range Hood, Newer Lighting Fixtures, both come with Brightly Painted Entry Doors, both units have been Recently Pained Exteriors and Interiors. The Exterior Grounds are Very Spacious with Plenty of Space for Vehicle Parking, and Long Driveway as well as Outdoor Family Gatherings, Amenities include Laundry hook Ups, Two basements, new Water Heaters, Covered Patio and much more. Title shows Front unit as 2Bdr/2Bth (actual there is a bonus room as the third bedroom) and Rear Unit as 2Bdr/1Bth (actual there is an addition bathroom), buyer to satisfy themselves on all aspects of subject property. This Great property is located in very close proximity to 10, 5, 710, and 60 FRWY, Schools, Shopping, Parks, 10 minutes away from the following, Dodger Stadium, Downtown Los Angeles, Staples Center, Hollywood, Pasadena, USC Medical Center, Arts District, Lincoln Park, China Town, Cal State L.A.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-26T17:35:13.06. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
www.theparsonsrealestateteam.com/homes/116943036
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2023 Gates Street Los Angeles (City), CA 90031

  • Price: $958,000
  • Status: Active
  • Updated: 13 min ago
  • ID#: WS21098702
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1907
Built
Neighborhood:
677 - Lincoln Hts
County:
Los Angeles
Area:
677 - Lincoln Hts
Property Description
BEST DEAL YOU WILL FIND!!!Great Opportunity to own 2 units in a HIGHLY Desirable Area of Lincoln Heights.This Duplex consist of THREE Separate Structures, Front Unit, Rear Unit and a Third Shed for Storage. Both units have been Tastefully Remodeled with Updated Kitchens and Bathrooms in 2019. The Front Unit comes Complete with High coffered Ceiling,Tile Floor/Laminate Flooring, Tile Back Splash in Kitchen, Quartz Counter Tops, Newer Lighting Fixtures, Newer Cabinets, etc.The Rear Unit also comes Complete with Newer Kitchen , Island in Kitchen, Galaxy Marble Tops, Stainless Steel Range Hood, Newer Lighting Fixtures, both come with Brightly Painted Entry Doors, both units have been Recently Pained Exteriors and Interiors. The Exterior Grounds are Very Spacious with Plenty of Space for Vehicle Parking, and Long Driveway as well as Outdoor Family Gatherings, Amenities include Laundry hook Ups, Two basements, new Water Heaters, Covered Patio and much more. Title shows Front unit as 2Bdr/2Bth (actual there is a bonus room as the third bedroom) and Rear Unit as 2Bdr/1Bth (actual there is an addition bathroom), buyer to satisfy themselves on all aspects of subject property. This Great property is located in very close proximity to 10, 5, 710, and 60 FRWY, Schools, Shopping, Parks, 10 minutes away from the following, Dodger Stadium, Downtown Los Angeles, Staples Center, Hollywood, Pasadena, USC Medical Center, Arts District, Lincoln Park, China Town, Cal State L.A.
Exterior Features

Foundation Details Raised Lot Features Back YardFront YardGardenNear ParkNear Public Transit Number Of Separate Electric Meters 2 Open Parking Spaces 4 Parking Features ConcreteDriveway Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Appliances Built-In RangeDishwasherGas Water Heater Basement YN Yes Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Wall Furnace Heating YN Yes Interior Features Coffered Ceiling(S)Open FloorplanStorageJack And Jill Bath

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.2 Common Interest None Community Features Street LightsSidewalksPark Garage YN No Gross Income 25200 Gross Scheduled Income 67200 Insurance Expense 1140 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupLaundry Closet Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New Loan Net Operating Income 48760 New Construction YN No New Taxes Expense 11520 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 18440 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 400 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Sewer Expense 1200 Water Source Public Zoning Lard3

Listing provided courtesy of Liangying Xu of Re/Max Champions


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-26T17:35:13.06. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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