2016 Gates Street, Los Angeles, CA 90031

Local realty services provided by:ERA North Orange County Real Estate
2016 Gates Street,Los Angeles, CA 90031
$951,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: logan allred
Office: johnhart corp
MLS#:CV25266332
Source:San Diego MLS via CRMLS

Price summary

  • Price:$951,000

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 also been addressed: the

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Home facts

  • Listing ID #:CV25266332
  • Added:51 day(s) ago
  • Updated:January 17, 2026 at 04:30 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4

Finances and disclosures

  • Price:$951,000
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