ActiveCondominium

2250 Gatewood Street

Los Angeles, CA, 90031

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$598,000

MLS: P1-27133

Beds

2

Baths

2

Sq Ft

701

Lot

0.11 ac

Year Built

2026

MLS #

P1-27133

Days on Market

0

Listed

May 13, 2026

Description

Set against the backdrop of Frogtown's vibrant creative scene, this brand new ground up construction blends modern design, warm organic finishes, and effortless Eastside living in one of Los Angeles' most exciting neighborhoods. Welcome to this 2 bedroom, 2 bath residence inspired by the area's artistic roots and industrial charm.Inside, abundant natural light and vaulted ceilings create an airy, inviting atmosphere, while wide plank flooring brings warmth and continuity throughout the open concept layout.The kitchen balances modern simplicity with timeless style, featuring shaker cabinetry, quartz countertops, stainless steel appliances, matte black fixtures, and thoughtfully placed windows that flood the space with light. The seamless connection between the kitchen, dining, and living areas makes the home equally suited for everyday living and effortless entertaining.Step outside to your private patio, an ideal extension of the living space for relaxing or hosting guests. Dedicated parking adds convenience, while the scenic hillside backdrop of Elysian Park and proximity to the LA River complete the setting.Located moments from Frogtown favorites including local coffee shops, breweries, art studios, and the LA River bike path, this home delivers the best of modern Eastside living, architectural, light filled, and thoughtfully curated in one of LA's most sought after communities at a price point that makes​​‌​​​​‌​​‌‌​​‌​​‌​​​‌​‌​‌​​​​​‌​​‌‌​‌‌‌ sense.

Location

Los Angeles, Los Angeles County, CA 90031

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Listed by: Michael De Perio · Kirela Real Estate Co

Payment estimate

$4,500

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $59,800 · Loan: $538,200

%
Principal & Interest
$3,352
Property tax (1.25%)
$623
Homeowners insurance
$300
Mortgage insurance
$224
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Today's Rates

As of May 14, 2026

30-year fixed
6.36%
15-year fixed
5.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $20,930 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.