Los Angeles, CA 90036,417 N Gardner St
Los Angeles, CA 90036,417 N Gardner St
Los Angeles, CA 90036,417 N Gardner St
Los Angeles, CA 90036,417 N Gardner St
Los Angeles, CA 90036,417 N Gardner St
Los Angeles, CA 90036,417 N Gardner St
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$1,675,000

$1,995,000

16.0%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

4,392 SqFt


SOLD DATE : 11/08/2024

Key Details

Sold Price $1,675,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,392 sqft

Price per Sqft $381

MLS Listing ID 24-404823

Sold Date 11/08/24

Bedrooms 8

Year Built 1926

Lot Size 6,496 Sqft

Acres 0.1491

Property Description

The Gardner Street Residences provide an incredible investment opportunity for a savvy multi-family investor or an owner-occupier who wants to live at the property and move in one of the vacant 2 BR units. This gem of a four unit property is located in a prime Miracle Mile location, north of Beverly Blvd. & West of La Brea Ave, very close to The Grove Shopping Center and Melrose Ave. The property was constructed in 1931 and is approximately 4,392 SF. The Gardner St. Residences has an excellent unit mix with all of the units being spacious 2 BR + 1 Bath units. Two of the four units will be delivered VACANT!. The other two units are receiving rents well below market creating a quintessential value-add opportunity. The property sits on a large 6,494 SF lot with four separate garages located at the rear of the property. There is the possibility of turning those garages into ADU units, adding another avenue for a new buyer to add more income and value to the building. The Gardner St. Residencies presents a compelling investment opportunity, characterized by a prime LA location, exceptional walkability, and promising upside potential through renovations and ADU's. This fourplex is an attractive option for investors or owner-occupier aiming to capitalize on the dynamic Los Angeles real estate market.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Garage Carport Detached

Garage Spaces 4.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Miller & Desatnik Realty Co.
Bought with Miller & Desatnik Realty Co.

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