904 N Gardner Street

    West Hollywood, CA 90046
    • $2,093,000
    • STATUS: Active
    • ON SITE: 99 days
    • ID#: SR18081356
    Price Reduced
    UPDATED: 67 min ago
    $2,093,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,262
      SQFT
    • $398
      $/SQFT
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    UNDER $300K A UNIT and $400 A FOOT....... Exclusively offered for sale is the Gardner Apartments, a charming seven (7) unit apartment building in highly desirable West Hollywood. Gardner Apartments is comprised of one (2+1) six (1+1) and is a great reposition opportunity with 6 of the 7 units currently rented below market. The laundry is currently owned, which allows the owner to keep 100% of the income generated, as well as some of the (1+1) have tandem spaces. The property was recently painted and two units have been renovated within the last 3 years. There are (4) tandem spaces and (2) open non conforming spaces for a total of 10 parking spaces. Gardner Apartments offers parking for 6 out of the 7 units. Some of the 1 bedroom units may have a tandem parking space which is a premium for the neighborhood. Gardner Apartments is centered between Melrose Ave and Santa Monica Blvd just West of N Vista Street and just East of N Sierra Bonita Ave. The property is walking distance to trendy shops and restaurants on Santa Monica Blvd as well as in close proximity to Whole Foods, New Construction, Poinsettia and Plummer Park.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-19T14:29:26.527. 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/82456263

    904 N Gardner Street West Hollywood, CA 90046

    • Price: $2,093,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: SR18081356
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    5,262
    SQFT
    $398
    $/SQFT
    1956
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    UNDER $300K A UNIT and $400 A FOOT....... Exclusively offered for sale is the Gardner Apartments, a charming seven (7) unit apartment building in highly desirable West Hollywood. Gardner Apartments is comprised of one (2+1) six (1+1) and is a great reposition opportunity with 6 of the 7 units currently rented below market. The laundry is currently owned, which allows the owner to keep 100% of the income generated, as well as some of the (1+1) have tandem spaces. The property was recently painted and two units have been renovated within the last 3 years. There are (4) tandem spaces and (2) open non conforming spaces for a total of 10 parking spaces. Gardner Apartments offers parking for 6 out of the 7 units. Some of the 1 bedroom units may have a tandem parking space which is a premium for the neighborhood. Gardner Apartments is centered between Melrose Ave and Santa Monica Blvd just West of N Vista Street and just East of N Sierra Bonita Ave. The property is walking distance to trendy shops and restaurants on Santa Monica Blvd as well as in close proximity to Whole Foods, New Construction, Poinsettia and Plummer Park.
    Exterior Features

    Carport Spaces 4.00 Garage Spaces 0.00 Lot Features Lot Shape-Rectangular Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Individual Room

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 118682.00 Gross Scheduled Income 118682.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 72743.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 42378.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 42378.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Wdr3c*

    Listing provided courtesy of Jared Levine of Keller Williams Realty Calabasas.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-19T14:29:26.527. 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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