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1922 GATES St, Los Angeles, CA 90031
Listing courtesy of: Matthew Silva, ERA West Coast Real Estate
For Sale (MLS-listed)
$549,900

1922 GATES St Los Angeles, CA 90031

Beds: 5
Baths: 4
Sq. Ft.: 2,621
$/Sq. Ft.: $210
Lot Size: 9,104 Sq. Ft.
Property Type:Multi-Family
Style:Spanish
Year Built: 1930
Community: Downtown Los Angeles
County: Los Angeles
MLS#: P710196
Source: SoCalMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 17 days
Remodeled 4 unit property. Each unit is a seperate building, no shared walls and alot of privacy. The front 3 units are 1 bed and 1 bath each with newer roofs, new paint, new carpet, tile floors and formica counters (1 w/ tile) The back unit is a 2 bedroom 1 bath and has been completely upgraded with new Maple cabinets, Granite countertops, Tile Floors, Carpet in bedrooms, Remodeled bathrooms and new dual pane windows. There are 4 parking spaces, 4 garages and 4 seperate electrical and gas meters. Good income producing properties as the garages can be rented seperatly, Currently 1 garage rents for $150 and the other $50. This is a trust sale. Street Address shows 1926, Please do not disturb tenants.

Interior Features

  • Ceramic Tile Floors
  • Carpet

Building Information

  • Ground Level Entry (With Steps)
  • Stucco Exterior
  • Builders Tract Name: Unknown
  • Builders Tract Code: OTHR

Unit 1 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $542
  • Monthly Rent (Total): $542

Unit 4 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,500
  • Monthly Rent (Total): $1,500

Property Information

  • Land Lease Type: Fee
  • Land Lease Expiration Year: 0
  • Square Footage Source: Public Records
  • Tax Parcel Number: 5211004012
  • Legal Disclosures: Rent Control

Listing Information

  • MLS: SoCalMLS
  • Listing Terms: Submit

Heating & Cooling

  • Water Heaters

Community Features

  • Units in Complex (Total): 4

Unit 2 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $565
  • Monthly Rent (Total): $565

Lot Information

  • Lot Size (Sq. Ft.): 9,104
  • Lot Size Source: Public Records
  • Paved

Financial Information

  • Capitalization Rate (%): 7.61
  • Net Operating Income: $41,844
  • Monthly Gross Income: $3,657
  • Actual Gross Annual Income: $43,884
  • Gross Operating Income: $43,884
  • Gross Scheduled Income: $43,884
  • Garage Income: $2,400
  • Actual Annual Gross Rent: $41,484
  • Gross Rent Multiplier: 12.53
  • Garage Rental Rate: $150
  • No Private Transfer Taxes

Parking Information

  • # of Garage Spaces: 4
  • # of Parking Spaces (Total): 4

Multi-Family Information

  • # of Buildings: 4
  • # of Carpets: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Ranges: 4
  • # of Refrigerators: 1
  • 1 Bedroom Square Footage: 540
  • 2 Bedroom Square Footage: 1,001

Unit 3 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $850
  • Monthly Rent (Total): $850

Location Information

  • Cross Streets: Main and Mission
  • Driving Directions: www.maps.google.com
  • Tax Area: 4
  • Legal Tract #: 1999
  • Legal Block #: 39
  • Legal Lot #: 20

Expense Information

  • Gardener: $50
  • Operating: $2,040
  • Water: $120

Listing last changed

November 9, 2009, 6:04 PM

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Property History for 1922 GATES St

Date Event Price Appreciation Source
Nov 06, 2009 Listed $549,900 -- SoCalMLS #P710196

NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.

Public Facts for 1922 GATES St

Beds: 6
Baths: 4.0
Finished Sqft: 2621
Unfinished Sqft: -
Total Sqft: 2621
Floors: -
Lot Size: 9,104
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: -
County: Los Angeles County
APN: 5211004012
Last Updated: November 17, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $18,252
Additions $23,016
Total $41,268
Tax (2008) $901

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