501 N Gardner Street

    Los Angeles (City), CA 90036
    • $2,450,000
    • STATUS: Active
    • ON SITE: 101 days
    • ID#: 18341200
    UPDATED: 44 min ago
    $2,450,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,754
      SQFT
    • $515
      $/SQFT
    Type:
    Multi-Family
    Built:
    1931
    County:

    School Ratings & Info

    Description

    Great investment opportunity located on North Gardner. Vintage 1931 highly desired iconic bungalow style with historic character. Six unit apartment building with additional 600 square foot garage conversion into a studio. Well maintained with original detailing including high ceilings, hardwood floors, original kitchens and bathrooms. Phenomenal location and one of the finest apartment investment areas in Los Angeles near Fairfax and Beverly Blvd., Miracle Mile, Melrose, Los Angeles County Museum and more. Upscale restaurants and shopping centers including the Grove are just a short walk away. Wonderful income and investment opportunity with room for growth. Newly installed tankless water heater with hot and cold water-line. TENANTS PAY FOR ELECTRICITY AND GAS. PROPERTY IS SOLD "AS IS.". Please submit your offer as soon as possible. Do not miss out on this rare and rewarding opportunity to own a commercial residential property in a prime location. Thank you

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T22:28:11.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/83293775

    501 N Gardner Street Los Angeles (City), CA 90036

    • Price: $2,450,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 18341200
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,754
    SQFT
    $515
    $/SQFT
    1931
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    Great investment opportunity located on North Gardner. Vintage 1931 highly desired iconic bungalow style with historic character. Six unit apartment building with additional 600 square foot garage conversion into a studio. Well maintained with original detailing including high ceilings, hardwood floors, original kitchens and bathrooms. Phenomenal location and one of the finest apartment investment areas in Los Angeles near Fairfax and Beverly Blvd., Miracle Mile, Melrose, Los Angeles County Museum and more. Upscale restaurants and shopping centers including the Grove are just a short walk away. Wonderful income and investment opportunity with room for growth. Newly installed tankless water heater with hot and cold water-line. TENANTS PAY FOR ELECTRICITY AND GAS. PROPERTY IS SOLD "AS IS.". Please submit your offer as soon as possible. Do not miss out on this rare and rewarding opportunity to own a commercial residential property in a prime location. Thank you
    Exterior Features

    Architectural Style Spanish Construction Materials Stucco Garage Spaces 4.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two Door Parking Total 4.00 Parking YN Yes Roof Tile View Park Or Green Belt View YN Yes

    Interior Features

    Appliances RefrigeratorGas Water Heater Appliances YN Yes Cooling See Remarks Cooling YN Yes Flooring TileWood Interior Features Balcony Laundry Features None Room Type Basement

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 150000.00 Improvements Amount 388228 Land Lease Amount 0.00 Land Lease Amount Frequency Monthly Land Value 636443 Laundry YN No Net Operating Income 0.00 Property Condition Repairs Cosmetic Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 0.00 Zoning Lar1

    Listing provided courtesy of Theodore Kyriazis of Theodore Kyriazis, Realtors.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-16T22:28:11.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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