1035 North Gardner Street

West Hollywood, CA 90046

$2,480,000
Last Sold Price
8
Beds
9
Baths
5,969 Sq. Ft.
$415 / Sq. Ft.
5,969
Sq. Ft.
$415
per Sq. Ft.

Description

We are pleased to offer for sale, for the first time in approximately 50 years, 1035 North Gardner Street, a multi-family apartment community located in West Hollywood, CA (90046). 1035 North Gardner Street, consists of 9 apartment units, built in 1956 and including +/- 5,969 SF of improvements and boasting an exceptional unit composition of Six (6) One Bedroom / One Bath, Two (2) Singles and One (1) Two Bedroom / One Bath apartment homes. 1035 North Gardner features large windows for abundant natural...We are pleased to offer for sale, for the first time in approximately 50 years, 1035 North Gardner Street, a multi-family apartment community located in West Hollywood, CA (90046). 1035 North Gardner Street, consists of 9 apartment units, built in 1956 and including +/- 5,969 SF of improvements and boasting an exceptional unit composition of Six (6) One Bedroom / One Bath, Two (2) Singles and One (1) Two Bedroom / One Bath apartment homes. 1035 North Gardner features large windows for abundant natural light, mature landscaping along walkways for added privacy, onsite laundry facilities and parking for 8-9 total vehicles. ONLY 16.3 GRM AND 4% CAP RATE in WEST HOLLYWOOD!
  1. Listed by Nick Astrupgaard • DRE #01893466 • Brokerage DRE #01208019 • KW Commercial Studio City
  2. Listed by Rich Johns • DRE #01432215 • Brokerage DRE #01208019 • KW Commercial Studio City

Property Details for 1035 North Gardner Street

Zoning
WDR3C*
Parcel Number
5530019023
Total Units
9.0
Living Area
5969
Source Living Area
Vendor Enhanced
Area
West Hollywood Vicinity (C10)
Vacancy Rate
0%
Lot Size Area
6373

Location

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466; KW Commercial Studio City, Rich Johns, DRE #01432215

Sold By KW Commercial Studio City, Ido Giat, DRE #01242143

Add your commute
LISTING UPDATED: 10/22/2020 01:46 PM

Property Details for 1035 North Gardner Street

StatusSold
MLS #20-576688
Days on Market106
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.15 AC / 6,373 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466; KW Commercial Studio City, Rich Johns, DRE #01432215

Sold By KW Commercial Studio City, Ido Giat, DRE #01242143

Add your commute

Building Information for 1035 North Gardner Street

Stories2Residences-Year Built1956Building Size-Lot Size0.15 AC / 6,373 SF

Payment Calculator

$16,295 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,534

Property Taxes

$2,761

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1035 North Gardner Street

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $163,494
  • Net Operating Income: $105,662.00
  • Gross Income: $166,831
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $16.30
  • Actual Annual Gross Rent: $166,831.00
  • Total Annual Expense: 57832
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6373
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Driveway, Tandem
  • Total Parking: 8
  • Parking Features: Driveway, Tandem Garage
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
  • Laundry: Community
Exterior Features
Exterior Features
  • Construction MVO: Frame and Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-06-2020
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,038.00
  • Unit Actual Rent: $3,426.00
  • Unit Projected Rent: $2,076.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,918.00
  • Unit Actual Rent: $9,807.00
  • Unit Projected Rent: $9,807.00
  • Like Units: 6
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,918.00
  • Unit Actual Rent: $1,918.00
  • Unit Projected Rent: $1,918.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $146,372.00
  • Assessed Land Value: $59,127.00

Property History for 1035 North Gardner Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1035 North Gardner Street

Taxable ValueLand$2,059,992Additions$521,120Total$2,581,112
Tax Record2023$33,137 ($2,761 / month)
Home Facts
Total Finished SqFt5,969 SqFtAbove Grade Finished SqFt5,969 SqFtLot Size6,373 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningWDR3C*CountyLOS ANGELESAPN5530-019-023

Schools near 1035 North Gardner Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - K to 5
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Melrose Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466; KW Commercial Studio City, Rich Johns, DRE #01432215

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.