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2202 Gates St, Los Angeles, CA, 90031

1beds
1baths
858sqft
$625,000
$728price/sqft
$4,816/moest. monthly cost
$192,640/yrincome needed

About This Home

This charming corner home, on the market for the first time in over 60 years, is an ideal opportunity for a first-time home buyer. It features 2 bedrooms and 1 bathroom, along with a nice-sized yard. One of the bedrooms offers a private entrance accessible via the carport, providing flexibility. Located in an established neighborhood, you'll find everything you need within easy reach, from eateries to nightlife. For those who enjoy exploring, the home offers convenient access to DTLA, Dodger Stadium, and Keck Medical Center. Don't miss this chance to secure your own slice of this vibrant city!

Getting Around

82
WalkingVery Walkable
58
TransitGood Transit
47
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1903

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Cooling

  • Cooling features: None

Features

  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 858 sqft

Property

Details

  • Parcel number: 5211001024
  • Zoning: LARD2
  • Special condition: Trust
  • Exclusions: Staging furniture and ladders

Features

  • Levels: One
  • Stories: 1
  • Entry location: -
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 2,753 sqft
  • Features: Corner Lot,Front Yard

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$107$1,284
Property Taxes $1,151$13,812
Electricity $398$4,786
Total$4,816$57,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,120/yr
40% on housing$144,480/yr
45% on housing$128,426/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$728This listing

vs Other Active Listings

Avg $/sqft

ZIP 90031$423
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90031$740
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-09Pending sale$625,000
2026-03-17Listed for sale$625,000
2025-12-04Listing removed$625,000
2025-10-28Listed for sale$625,000
2025-10-13Listing removed$625,000
2025-09-27Listed for sale$625,000
2025-08-27Listing removed$625,000
2025-06-14Price change$625,000
2025-05-23Listed for sale$650,000

For Sale by Agent

AgentDIANA VELEZ
BrokerageCENTURY DREAM HOME & ESTATES

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