417 N Gardner Street
Los Angeles, CA 90036
- – beds
- – baths
- – sqft
- 6,496 sqft lot
- 1926 build
- – on site
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.
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Last updated Jun 27, 2024
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MLS# 24404823 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1926
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4392.00
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:North of Beverly Blvd. and West of La Brea Ave.
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Latitude:34.07881600
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Longitude:-118.35352200
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:6496.0000
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Lot Size Acres:0.1491
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Lot Size SqFt:6496.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Buyer's Brokerage Compensation:2.000%
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Special Listing Conditions:Standard
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Buyer's Brokerage Compensation:$2
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Parcel Number:5526031011
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Detached Carport
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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6/17/24
Jun 17, 2024
|
Listed / Active | CRMLS_CA | $1,995,000 |