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Sold for $1,926,000
  • $1,926,000

    329 N Gardner St, Los Angeles, CA 90036

    8beds
    6baths
    5,140sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $1,931,500 Zestimate®
    $375/sqft
    $4,317 Estimated rent

    Home value

    $1,931,500

    $1.74M - $2.14M

    $4,317/mo

    Zestimate® history
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    $4,317/mo

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    $4,317/mo

    Rent Zestimate®

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    $12,428/mo

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    $12,428/mo

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    What's special

    New exterior paintUpdated roofDual entrySeparate water shutoff valvesGranite countertopsCentral acFloor heaters
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eliyahu Appel DRE # 01918652 818-390-4181,

    Marcus & Millichap 818-212-2700

    Bought with:

    Aron Kelman, DRE # 00682382

    Kam Realty Enterprises

    Source: CLAW,MLS#: 24-451561MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    Heating
    • Wall
    Cooling
    • Central Air, Wall/Window Unit(s)
    Interior area
    • Total structure area: 5,140
    • Total interior livable area: 5,140 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 7,152 Square Feet
    Details
    • Additional structures: Other
    • Zoning: LARD1.5
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $375/sqft
    • Tax assessed value: $242,004
    • Date on market: 10/14/2024

    Price history

    DateEventPrice
    1/7/2025Sold$1,926,000-1.2%$375/sqft
    Source: CLAW #24-451561 Report a problem
    11/5/2024Pending sale$1,950,000$379/sqft
    Source: CLAW #24-451561 Report a problem
    10/14/2024Listed for sale$1,950,000$379/sqft
    Source: CLAW #24-451561 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mid City West

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,931,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,931,500