$ 2,180,000
3406 Garden AVE Los Angeles, CA 90039
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$ 2,180,000
Est. payment /mo
Pending
3406 Garden AVE Los Angeles, CA 90039
12 Beds
8 Baths
5,963 SqFt
UPDATED:
10/29/2024 05:10 PM
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 5,963 sqft
Price per Sqft $365
MLS Listing ID 24450573
Bedrooms 12
HOA Y/N No
Year Built 1965
Lot Size 6,756 Sqft
Property Description
We are pleased to present for sale this rare (6) Unit mid-century investment opportunity in one of LA's Hottest Locations Atwater Village! Delivered 67% VACANT (4 of 6), this opportunity is offered for sale for the first time in over 49 years. The building is constructed in 1965, and consists of a robust unit mix of (5) 2 Story Town-Home Style Units with 2 Bed & 1.5 Bath Units and (1) Corner Unit with 2 Bedrooms & 1 Bath. It boasts a total building size of 5,963 SF and situated on a lot size of 6,752 SF. The property is nestled in a residentially zoned community and is well parked, with (6) spaces available. The investment is poised for an astute investor looking to add value by immediately adding up to (1) ADU Units by right (Buyer to verify feasibility of adding ADU's). The subject property is zoned R1-1-RIO with Soft-Story Retrofit Completed, and Certificate of Compliance Received. The investment is strategically located in the epicenter of North East LA's Hotspot of Atwater Village, where tenants have access to NELA best retail corridor of Glendale Blvd. Walk-Score of 89, considered very walkable, where most errands can be accomplished on foot. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-StoryCompliance, and the ability to construct ADU(s) or additional units. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY.
Location
State CA
County Los Angeles
Area 606 - Atwater
Zoning LAR1
Interior
Fireplace No
Exterior
Garage Attached Carport, Assigned, On Street
Attached Garage Yes
Total Parking Spaces 6
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5437006010
Special Listing Condition Probate Listing
Listed by Eric Dilanian • Remax Commercial and Investment Realty
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442