2422 GATEWOOD ST | ELYSIAN VALLEY | 90031 | 4BR + 4BA | 2,970 SF
The Coronado Real Estate Group is pleased to present for sale 2422 Gatewood St a spacious home in the Elysian Valley. Just under 3,000 SF and situated near the Crown Jewel of the LA River Revitalization Project, this property will only increase in value as the project moves forward.
WELCOME to 2422 Gatewood St in Northeast LA’s Elysian Valley Neighborhood. The spacious home holds 4 bedrooms and 4 baths in almost 3,000 SF of living space. In 2010 the owners completed a 2-story addition to increase the value and functionality of the home for modern LA families. The interior is light and bright with an open plan layout, crown molding and recessed lighting. The great room, and hub of family living, features a kitchen with matching stainless appliances, stone counter tops, and detailed cabinetry. Each bedroom is spacious with large closets and the Master En Suite with full bath is large enough for a separate seating area. The 5,098 SF lot is fully fenced and has views of the nearby hillsides. The backyard has a covered patio area with mature avocado trees. Plus parking will never be an issue with the large concrete driveway and attached garage! Additionally there is a non-conforming bonus space with 2 bedrooms and one bath and a separate entrance.
LOCATION IS KEY when buying real estate and this property is near many major LA attractions, entertainment, premier dining, shopping, schools, and amenities! Within 1-5 miles of the property you will find Dodger Stadium, Elysian Park & Hiking Trails, Silver Lake Reservoir & Dog Park, Echo Park Lake, Historic Chinatown, USC Health Sciences Campus, LA Live, Grand Central Market, The Greek Theatre, Highland Park Bowl, Frog Town Brewery, Museum of Contemporary Art (MOCA), Walt Disney Concert Hall, Staples Center, and so much more! This location gives you access to it all and is easily accessible by the 5 and 110 freeways and public transportation.
The property is just blocks from the 42 acre G2 parcel, the cornerstone site of the LA River Revitalization Project that was approved in 2016. The project proposes multi-million dollar restoration to a section near the property that would expand the river to restore freshwater marsh habitat, create a lush river-side park with bike paths, pedestrian communal areas, and new shops and restaurants. As it progresses, the project has the potential to greatly impact property values in the near future!
“We’ve always considered G2 to be the crown jewel in our vision to revitalize the L.A. River, and that’s why I have been committed to fighting for the resources to finally return this land to the people of Los Angeles and the wildlife that call it home,” said Mayor Garcetti. “We got it done, and now this vast site can transform how Angelenos connect with the natural world — because it will allow for habitat restoration, and open more than a mile of direct access to the river for local communities that have been cut off from it for too long.”
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*All information provided to be deemed reliable but not guaranteed. Buyer to complete all investigations into the property and/or any matters that may or may not affect the property independently and to their own satisfaction.