
Los Angeles, California 90031
This Modern New Construction residence is a Strong Value Opportunity, listed at $665,000—positioned well below the $715,232 Fair Market Value by 7%. This valuation gap offers $50,232 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes Energy Efficient Solar Panels, Euro white oak cabinetry, and Hillside Views. Located in the vibrant Frogtown neighborhood, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a turnkey, design-forward lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2248 1/2 Gatewood Street Subject 2 bd · 3 ba · 1,000 sqft · $715 | $665,000* List Price | 2 | 3 | 1,000 | $715 | - |
A 2248 Gatewood Street Sold 2 bd · 3 ba · 1,000 sqft · $729 · 0.0 mi | $729,000 | 2 | 3 | 1,000 | $729 | 0.0 mi |
B 2250 Gatewood Street Active 2 bd · 2 ba · 701 sqft · $783 · 0.0 mi | $549,000 List Price | 2 | 2 | 701 | $783 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2025 ground-up construction in mint condition. The property features modern high-end finishes including Euro white oak cabinetry, quartz countertops, and designer bathrooms with spa-inspired tiling. All systems are new and energy-efficient, including solar panels, requiring no maintenance.
As a 2025 ground-up build, this residence features high-end architectural design, designer finishes like Euro white oak cabinetry, and spa-inspired en-suite bathrooms, offering a turnkey luxury experience.
The inclusion of solar panels significantly reduces utility costs and environmental impact, providing a modern, sustainable living solution that adds long-term value for the homeowner.
Situated in the heart of Frogtown near the LA River bike path and local creative hubs, the property offers exceptional access to trendy coffee shops, breweries, and art studios.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 538. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property was recently sold within the past year on 2026-05-06. The sold price is $729,000.00.
With only 1,000 square feet of living space, the interior footprint is relatively small for a two-bedroom home, which may feel restrictive for buyers prioritizing spaciousness.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,000 | 1,252.996 |
| Lot Size | 5,100 | 26,029.603 |
| Price | $665.0K | $778.5K |
| Price per sq ft | $665 | $629 |
| Built year | 2025 | 1981 |
| HOA | $260.85 | $676 |
| Days on market | 19 | 74 |
Oct 21, 2026
$665,000
Initial Listing
May 6, 2026
$729,000
Public Record
Jul 3, 2023
$650,000
Public Record