2016 Gates Street, Los Angeles, CA 90031

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
2016 Gates Street,Los Angeles, CA 90031
$951,000
  • - Beds
  • - Baths
  • 6,036 sq. ft.
  • Multi-family
  • Active
Listed by: logan allred
Office: johnhart corp
MLS#:CV25266332
Source:CRMLS

Price summary

  • Price:$951,000
  • Price per sq. ft.:$157.55

About this home

Discover a true legacy property in the heart of Lincoln Heights Proudly held by the same family for 70 years, this well-maintained 5-unit residential investment is now available for the first time since 1955. With long-term, reliable tenants who consistently pay on time, this is the ideal opportunity for investors seeking stable, passive income in a high-demand rental area. The property features a charming front house along with four additional apartment units constructed in 1965. Over the years, the building has been thoughtfully updated and cared for. Apartments #1 and #3 were refreshed within the last five years, apartment #2 is tiled throughout, and apartment #4, as well as the front house, recently received new wall heaters. The front house's bathroom was also upgraded which included new vinyl flooring, the flooring was updated in the kitchen as well. The exterior has received fresh paint and new windows within the last five years. Major components have

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Home facts

  • Year built:1908
  • Listing ID #:CV25266332
  • Added:56 day(s) ago
  • Updated:January 23, 2026 at 11:37 AM

Rooms and interior

  • Living area:6,036 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1908
  • Building area:6,036 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$951,000
  • Price per sq. ft.:$157.55
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