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Closed
- Listed price
- $659,500
- Listed Oct 26, 2016
- Sold price
- $610,000
- Sold Dec 16, 2016
7,734 sqft lot|1922 Built|16 MLS days on market
2038 GATES St, Los Angeles, CA 90031
Property 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.
Listing agent: Sonia CurtisDRE #01777645sonia@scurtisproperties.com, Listing office: S Curtis Properties
MLS data updated 10/30/2026, 5:41:22 AM PT
Source: CRMLSMLS #: 16175204
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$610,000
Dec 16, 2016
Available records32016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90031 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90031 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.