Los Angeles, CA 90036,417 N Gardner ST
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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

$1,675,000

Est. payment /mo

$1,995,000

16.0%
Est.Price: ?

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417 N Gardner ST Los Angeles, CA 90036

8 Beds

4 Baths

4,392 SqFt

SOLD DATE : 11/08/2024

Key Details

Sold Price $1,675,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,392 sqft

Price per Sqft $381

MLS Listing ID 24404823

Sold Date 11/08/24

Bedrooms 8

HOA Y/N No

Year Built 1926

Lot Size 6,494 Sqft

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 C19 - Beverly Center-Miracle Mile

Zoning LARD1.5

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Detached Carport

Attached Garage No

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5526031011

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Errol Spiro • Miller & Desatnik Realty Co.
Bought with David Miller • Miller & Desatnik Realty Co.
agent

Richard Bernal

Agent | License ID: 02090098

+1(818) 699-7129

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