2038 Gates St
Los Angeles, CA 90031
Lincoln Heights- 5 Beds
- 2 Baths
- 1,224 sqft
5 Beds
2 Baths
1,224 sqft
Homes for sale near 2038 Gates St
Apartments for Rent
Local Information
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Description
Great investment opportunity. This property has been owned by one owner for the last 40 years. There are two separate units on the same lot. Great for owner user. Projected rents for 2 bed 1 bath are 1500.00 per month. 1800 for 3 bed 1 bath. 2 bed 1 bath is currently tenant occupied for 1250.00 per month. The same tenants have occupied this unit for 9 years. Actual Square Footage combined for both units is 2112. Third bedroom and dining room was added on the 2038 Gates and seller has permits. Everything was done to code as per seller who states the city comes every 4 years to do inspections. Actual List Price per square feet is 330.86. The MLS only shows square footage for one unit. 2040 Gates Street has a tenant and buyer must do all due diligence regarding rent control laws. tenants may come with the property in the smaller unit if buyer wants.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
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Outdoor
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HOA
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Price/Sqft
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Listed
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Home Details for 2038 Gates St
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Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet |
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Year Built Year Built: 1922 |
Property Type / Style Property Type: Multi FamilyArchitecture: Bungalow |
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Units in Building: 2 |
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Lot Area: 7731 sqft |
Price History for 2038 Gates St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/16/2016 | $610,000 | Sold | CLAW #16175204 |
| 11/11/2016 | $659,500 | Pending | Agent Provided |
| 11/07/2016 | $659,500 | PriceChange | Agent Provided |
| 10/27/2016 | $699,000 | Listed For Sale | Agent Provided |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,876 |
| Assessment | $707,951 |
Home facts updated by county records
Comparable Sales for 2038 Gates St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | $620,000 | 07/31/25 | 3 | 2 | 1,644 | |
0.30 | Multi-Family Home | $700,000 | 10/08/25 | 5 | 3 | 2,386 | |
0.15 | Multi-Family Home | $1,025,000 | 09/04/25 | 6 | 3 | 3,360 | |
0.26 | Multi-Family Home | $650,000 | 01/15/26 | 4 | 4 | 3,133 | |
0.30 | Multi-Family Home | $550,000 | 12/09/25 | 4 | 4 | 1,956 | |
0.30 | Multi-Family Home | $765,000 | 03/17/26 | 4 | 3 | 1,375 | |
0.50 | Multi-Family Home | $718,000 | 03/06/26 | 6 | 4 | 2,152 | |
0.35 | Multi-Family Home | $1,190,000 | 03/19/26 | 6 | 4 | 2,700 | |
0.04 | Multi-Family Home | $921,000 | 01/26/26 | 10 | 5 | 6,036 | |
0.81 | Multi-Family Home | $725,000 | 06/09/25 | 4 | 2 | 1,651 |
Assigned Schools
These are the assigned schools for 2038 Gates St.
What Locals Say about Lincoln Heights
At least 240 Trulia users voted on each feature.
85 % Say there are sidewalks
73 % Say it's dog friendly
70 % Say car is needed
62 % Say it's walkable to restaurants
61 % Say it's walkable to grocery stores
60 % Say yards are well-kept
51 % Say there's holiday spirit
48 % Say streets are well-lit
47 % Say they plan to stay for at least 5 years
46 % Say kids play outside
46 % Say there's wildlife
45 % Say neighbors are friendly
38 % Say parking is easy
36 % Say people would walk alone at night
35 % Say it's quiet
22 % Say there are community events
Learn more about our methodology.
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Homes for rent near 2038 Gates St
Off Market Homes Near 2038 Gates St
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2038 Gates St, Los Angeles, CA 90031 is a 5 bedroom, 2 bathroom, 1,224 sqft multi-family built in 1922. 2038 Gates St is located in Lincoln Heights, Los Angeles. This property is not currently available for sale. 2038 Gates St was last sold on Dec 16, 2016 for $610,000. The current Trulia Estimate for 2038 Gates St is $819,500.

