Los Angeles, CA 90036,329 N Gardner ST
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Los Angeles, CA 90036,329 N Gardner ST
Los Angeles, CA 90036,329 N Gardner ST
Los Angeles, CA 90036,329 N Gardner ST
Los Angeles, CA 90036,329 N Gardner ST

$1,926,000

Est. payment /mo

$1,950,000

1.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

329 N Gardner ST Los Angeles, CA 90036

8 Beds

6 Baths

5,140 SqFt

SOLD DATE : 01/07/2025

Key Details

Sold Price $1,926,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,140 sqft

Price per Sqft $374

MLS Listing ID 24451561

Sold Date 01/07/25

Bedrooms 8

HOA Y/N No

Year Built 1940

Lot Size 7,152 Sqft

Property Description

We are pleased to present the exclusive listing of 329 North Gardner Street. The property built in 1940, consists of six units, totaling 5,140 rentable square feet on a 7,151 square foot lot. This 6-unit apartment building comprises two 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. This property has seen significant recent improvements, including new exterior paint, updated electrical systems, updated roof, and all copper plumbing. Each unit features, dual entry for convenience, a heat pump and separate water shutoff valves making servicing easier. Notably, Unit 329 includes a built-in wall AC and floor heaters, while Unit 329 1/2 has a window AC. Unit 331 #1 stands out with a complete remodel, offering central AC and heat, along with an updated kitchen featuring granite countertops. Units 331 #2 and 331 #3 also benefit from central AC and heat, while Unit #4 has a window AC. The property includes three garages, two of which are currently rented, leaving one vacant.329 North Gardner Street is strategically located in the heart of Los Angeles, within a vibrant neighborhood that offers a dynamic mix of urban amenities and residential charm. Just a short walk from The Grove, a premier shopping and entertainment destination, residents have easy access to a variety of retail options, restaurants, and cultural attractions. Nearby Pan Pacific Park provides green space for outdoor activities, enhancing the appeal of the area for families and individuals alike. The property is situated in a bustling district known for its diverse culinary scene, trendy shops, and a lively atmosphere, particularly along Beverly Blvd. Public transportation options and major thoroughfares are easily accessible, allowing for convenient commutes to other parts of Los Angeles. The neighborhood's mix of historic charm and modern conveniences makes it highly desirable, with strong demand for rental properties. With well-maintained units and desirable amenities, the property is poised for strong rental demand and competitive rental rates, making it an attractive investment. The combination of recent upgrades and a desirable location positions 329 North Gardner Street. for both immediate cash flow and long-term appreciation, making it a solid investment opportunity.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Assigned

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5526040013

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eliyahu Appel • Marcus & Millichap
Bought with Aron Kelman • Kam Realty Enterprises
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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