tomo logo

$2,095,000

Beds
4
Baths
4.0
sq ft
3,009

2307 Gatewood St, Los Angeles, CA 90031

2307 Gatewood St

Los Angeles, CA 90031

  • 32 days on market
Transportive & tranquil, this brand newly constructed home offers space, effortless flow, and neutral finishings - a refuge in the heart of Frogtown. The grand property features a 3 bed, 3 bath main home and a newly built 1 bed, 1 bath guest house, with three spacious decks and a central meticulously landscaped outdoor space. A seamless blend of modern amenities with sophisticated design elements including high ceilings, wide hallways, cascading light fixtures, and walls of limewash paint - the home is truly exceptional. Reminiscent of a luxury beach hotel, the front entryway greets entrants with cascading archways adorned with hanging wicker pendant lights. The front door opens into a wide hallway leading to the open concept living space, with a gourmet kitchen that features a stunning center island with waterfall countertops, built-in stainless steel appliances, and an elegant archway above the stove. Adjacent is a dining area with stylish hanging pendant, a living room with gas fireplace, and built in bar area - ideal for the home entertainer. Glass sliding doors open onto the wide outdoor deck, surrounded by ficus hedging and live trees. Each of the main home's three bedrooms have brand new, full ensuite bathrooms. The upstairs primary suite features a walk-in closet, ensuite bathroom with dual sinks and a soaking tub in the shower, and sliding doors leading to a large deck overlooking the backyard. The second upstairs bedroom opens onto a large outdoor deck with mountain views. Behind the main house sits the newly built guest house (legal ADU) - a beautiful 1 bed, 1 bath unit with an expansive and distinguished rooftop deck with 360 degree views. The property offers privacy and security with a fully fenced yard and a large 2-car garage with electric garage door. Additional upgrades include: new sewer, new roof, new plumbing, new electrical, and new HVAC systems, as well as Nest thermostats and tankless water heaters. Located in a prime Frogtown location, this home is just a short distance from the LA River bike path, and some of LA's hottest restaurants like Lingua Franca, Salazar and Loreto. Grand, secure, and serene - an opportunity not to be missed!

Details

Property type

Single Family Residence

Est. home value

$1,243,824

Property condition

Updated/Remodeled

Lot size

5,100 sq ft

Price per sq ft

$697

Year built

1925

HOA

No

Price History

05/30/2024
CLAW

CLAW #24396989

Listed
$2,095,000
+127.72%
06/29/2022
CRMLS

CRMLS #OC22038406

Sold
$920,000

Schools & Community

Neighborhood: 

Elysian Valley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Housemax Funding Llc

Loan start date

January 2024

Original loan amount

$1,539,700

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Building or Construction Loan, 1 year

Seller

2307 Gatewood Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 8:10 AM

Listing updated: 06/10/2024 at 12:33 PM

Listed by: Lori Harris, Keller Williams Realty Los Feliz Phone #: (323) 300-1000

MLS: CLAW #24396989

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