1122 N Gardner Street

    West Hollywood, CA 90046
    • $2,550,000
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: 19420870
    UPDATED: 199 min ago
    $2,550,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,006
      SQFT
    • $848
      $/SQFT
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    1122 North Gardner Street, is an 8 unit property located in the heart of West Hollywood. The eight-unit building is situated in one of the most desirable rental sub-markets in Los Angeles, and is walking distance from the trendy restaurants, lively nightlife and new retail shopping along Santa Monica Boulevard and the famous Sunset strip. The location is also considered a walker's paradise, with a pleasantly high Walk Score of 94, and is within proximity to public transportation, freeways and major employers in the area.The building offers a unit mix of eight well-maintained and attractive studio units. With its 1920's charm, many units have gone through a renovation program, with the upgrading of the interior units and the common areas. The property also features a private outdoor courtyard and secured gated access into the building for each tenant.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-22T01:01:56.25. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/90680705

    1122 N Gardner Street West Hollywood, CA 90046

    • Price: $2,550,000
    • Status: Active
    • Updated: 199 min ago
    • ID#: 19420870
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,006
    SQFT
    $848
    $/SQFT
    1923
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    1122 North Gardner Street, is an 8 unit property located in the heart of West Hollywood. The eight-unit building is situated in one of the most desirable rental sub-markets in Los Angeles, and is walking distance from the trendy restaurants, lively nightlife and new retail shopping along Santa Monica Boulevard and the famous Sunset strip. The location is also considered a walker's paradise, with a pleasantly high Walk Score of 94, and is within proximity to public transportation, freeways and major employers in the area.The building offers a unit mix of eight well-maintained and attractive studio units. With its 1920's charm, many units have gone through a renovation program, with the upgrading of the interior units and the common areas. The property also features a private outdoor courtyard and secured gated access into the building for each tenant.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.11 Gross Multiplier 15.58 Gross Operating Income 163704.00 Improvements Amount 665448 Land Value 998172 Laundry YN Yes Net Operating Income 104892.00 Special Listing Conditions Standard Total Expenses 53901.00 Zoning Wdr2*

    Listing provided courtesy of Sean Namigohar of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-22T01:01:56.25. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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