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2248 1/2 Gatewood St, Los Angeles, CA, 90031

2beds
3baths
1,000sqft
$679,000
$679price/sqft
$4,327/moest. monthly cost
$173,080/yrincome needed

About This Home

Thoughtful architecture meets iconic Eastside energy in one of Los Angeles' most creative and rapidly evolving neighborhoods. Be the first to live in this ground up new construction 2 bed, 2.5 bath residence. Make an immediate statement with its striking vertical slatted facade and custom green exterior. A design forward nod to Frogtown's creative spirit. Energy efficient solar panels keep your bills low and your footprint light. Inside, the aesthetic softens into a warm, organic palette layered with natural textures, clean lines, and abundant light.The open concept living space is airy and inviting, grounded by wide plank wood flooring and oversized windows that frame hillside views. The kitchen blends modern simplicity with warmth, featuring Euro white oak cabinetry, quartz countertops, stainless steel appliances, matte black fixtures, and thoughtfully placed windows that bring in natural light from multiple angles. The layout flows effortlessly from kitchen to dining to living, creating a space that feels both intimate and ideal for entertaining.Upstairs both bedrooms are en-suite retreats. Bathrooms are spa inspired and highly curated from the soft sage vertical tile surround with matte black fixtures to the terracotta tile shower paired with champagne hardware and glass enclosure. Each bath feels intentional, elevated, and design driven.A private patio and parking provide functional outdoor space, while the hillside backdrop and river-adjacent location place you moments from Frogtown's coffee shops, breweries, art studios, and the LA River bike path. This is modern Eastside living done right at a price that just makes sense.

Getting Around

39
WalkingCar-Dependent
51
TransitGood Transit
58
BikeBikeable

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Refrigerator,Range Hood,Water Heater
  • Laundry features: Stacked

Bathroom

  • Features: Quartz Counters

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • All Bedrooms Up
  • Flooring: Vinyl
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,000 sqft

Property

Details

  • Parcel number: 5445025022
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Open,Patio
  • Spa features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 5,100 sqft
  • Features: Sprinklers None

Parking

  • Parking features: Assigned,Driveway

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
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 $3,433$41,196
Home Insurance *$117$1,404
Property Taxes $379$4,548
Electricity $398$4,786
Total$4,327$51,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,354/yr
40% on housing$129,810/yr
45% on housing$115,386/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

$679This listing

vs Other Active Listings

Avg $/sqft

ZIP 90031$422
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
2026-07-08Price change$679,000
2026-05-28Price change$688,000
2026-04-13Listed for sale$699,000

New Construction

AgentMichael De Perio
BrokerageKirela Real Estate Co

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