2248 Gatewood Street, Los Angeles, California 90031, Los Angeles, 90031 - 2 bed, 3 bath
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Los Angeles, California 90031
This Modern New Construction Condominium represents a Strong Value Opportunity, with a List Price of $759,000—positioned well below the $810,296 Fair Market Value by 6%. This strategic entry point provides $51,296 in Instant Equity for the incoming owner. Boasting a Top-Tier Condition Rating, the 2025 build features Energy-Efficient Solar Panels, Euro White Oak Cabinetry, and stunning Mountain Views. Located in the vibrant Frogtown neighborhood, this residence perfectly balances high-end architectural design with immediate financial upside. It is an ideal match for Urban Professionals or First-Time Buyers seeking a turnkey, sustainable lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2248 Gatewood Street Subject | $699,000* List Price | 2 | 3 | 1,000 | $746 | - |
A 2250 Gatewood Street Active | $598,000 List Price | 2 | 2 | 701 | $853 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2025 ground-up new construction, meaning all systems, appliances, and structural components are brand new. The interior features high-end, modern finishes including Euro white oak cabinetry, quartz countertops, wide plank wood flooring, and designer-curated bathrooms with premium tile and fixtures. The inclusion of energy-efficient solar panels and a striking architectural facade further confirms its status as a top-tier, move-in-ready luxury residence.
As a 2025 ground-up build, this residence offers the peace of mind of brand-new systems and energy-efficient solar panels, significantly reducing long-term maintenance costs and utility bills.
The property features sophisticated architectural details, including a striking vertical slatted facade, Euro white oak cabinetry, and spa-inspired en-suite bathrooms with designer tile work and champagne hardware.
Located in the vibrant Frogtown/Atwater area, the home provides exceptional walkability to the LA River bike path, local breweries, and creative studios, catering perfectly to the modern urban professional.
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.
At approximately 1,000 square feet for a multi-level 2-bedroom home, the interior living space and storage options may feel limited for buyers accustomed to more expansive layouts.
Being classified as a condominium involves shared walls and a monthly association fee, which may deter buyers specifically seeking the total autonomy and privacy of a detached single-family residence.
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, 3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,000 | 1,073 | 20% |
| Lot Size | - | 69,414 | 20% |
| Price | $699.0K | $624.0K | 80% |
| Price per sq ft | $699 | $519 | 80% |
| Built year | 2025 | 2006 | 80% |
| HOA | $250.0 | $414 | 20% |
| Days on market | 69 | 208 | 20% |
Apr 2, 2026
$699,000
$759,000
-8% Price Drop
Initial Listing
Feb 12, 2026
$759,000
Initial Listing
Jul 3, 2023
$650,000
Public Record