432 North Gardner Street

Los Angeles, CA 90036

$3,895,000
Price
10
Beds
8
Baths
5,600 Sq. Ft.
$696 / Sq. Ft.
5,600
Sq. Ft.
$696
per Sq. Ft.

Description

Incredible opportunity to own 3 fully occupied and turnkey units in the heart of Melrose/Fairfax District. The front entrance is private and gated with code access, and the driveway is finished with concrete and beautiful landscaping. The two tastefully remodeled front units are 3 bed, 2 bath, 1,300 sq ft each and are each rented for $4,250/month. The back unit is in an incredible 2018 new construction that features a massive 4 beds, 4 baths, 3,000 sq ft of living space on 3 stories plus an amazing...

Property Details for 432 North Gardner Street

Zoning
LARD1.5
Year Built Numeric
1928

Location

Listing Courtesy of Harcourts Beverly Hills, Laurent Bijaoui, DRE #01947961; Harcourts Beverly Hills, Krystle Bijaoui, DRE #02037854

Property Details for 432 North Gardner Street

StatusWithdrawn / Cancelled
MLS #21-707924
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.14 AC / 6,107 SF
CountyLos Angeles County

Contact a Compass agent

Location

Listing Courtesy of Harcourts Beverly Hills, Laurent Bijaoui, DRE #01947961; Harcourts Beverly Hills, Krystle Bijaoui, DRE #02037854

Virtual Tour

Building Information for 432 North Gardner Street

Stories2Residences-Year Built1928Building Size-Lot Size0.14 AC / 6,107 SF

Payment Calculator

$13,053 per month

30 year fixed, 2.95% Interest

Principal and Interest

$13,053

Property Taxes

HOA Dues

$0

Property Information for 432 North Gardner Street

Summary
    Location and General Information
  • Directions: N of Beverly, S of Melrose, W of Fairfax, E of La Brea on Gardner
  • Year Built Source: Vendor Enhanced
  • Zip 4: 5707
  • View Description: City
  • View: Yes
  • City: Los Angeles
  • Zip Code: 90036
  • County Or Parish: Los Angeles
  • Street Number Numeric: 432
  • Street Direction Prefix: N
  • Street Name: Gardner
  • State: CA
    Parking
  • Parking Garage: Assigned
  • Total Parking: 4
    Taxes and HOA Information
  • Tax Expense: $48,687
  • Tax Mello Roos: No
Property
    Property and Assessments
  • Assessed Improvement Percent: 46.4
  • Assessed Improvement Value: $1,203,534.00
  • Assessed Land Percent: 53.6
  • Assessed Land Value: $1,390,182.00
  • Assessed Total Value: $2,593,716.00
  • Assessor Parcel Number: 5526-032-020
  • Disclosures: As Is
  • Property Condition: Updated/Remodeled
  • Source Living Area: Estimated
  • Source Lot Size Area: Vendor Enhanced
  • Number Of Photos: 35
    Lot Information
  • Area: Beverly Center-Miracle Mile (C19)
  • Lot Acreage: 0.1402
  • Other Structures: None
  • Service Level: Full Service
  • Living Area: 5600
  • Lot Size Area: 6107
    Utilities
  • Amenities: None
  • Laundry: In Unit
  • Pool Description: None
Interior and Exterior Features
    Exterior Features
  • Patio Features: Roof Top Deck
  • Pool: No
  • Spa: None
  • Spa: No
  • Security Features: Gated Community, Card/Code Access
    Interior Features
  • Baths Total: 8.0
  • Cooling: Central Air
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Range/Oven, Freezer
  • Heating: Forced Air
  • Number Of Stories: 2
  • Beds Total: 10
Multi Family
    Income & Expenses Information
  • Scheduled Actual: Actual
  • Financing: Cash To New Loan
  • Actual Gross Annual Income: $216,000
  • Gardener Expense: $1,080
  • Gross Income: $0
  • Gross Operating Income: $216,000
  • Insurance Expense: $1,920
  • Net Operating Income: $164,313.00
  • Total Annual Expense: 51687
    Unit Information
  • Type Of Units: 3
  • Unit Type Type: 2106, 2107, 2108
    Unit 1 Information
  • Unit Beds1: 3
  • Unit Baths1: 2
  • Unit Projected Rent1: $4,500.00
  • Unit Actual Rent1: $4,250.00
  • Unit Furnished1: No
  • Like Units1: 1
  • Unit Rent1: $4,250.00
    Unit 2 Information
  • Unit Projected Rent2: $4,500.00
  • Unit Furnished2: No
  • Like Units2: 1
  • Unit Rent2: $4,250.00
  • Unit Beds2: 3
  • Unit Baths2: 2
  • Unit Actual Rent2: $4,250.00
    Unit 3 Information
  • Unit Beds3: 4
  • Unit Baths3: 4
  • Unit Actual Rent3: $9,500.00
  • Like Units3: 1
  • Unit Projected Rent3: $10,000.00
  • Unit Rent3: $9,500.00
  • Unit Furnished3: No
Rental
    Rental Information
  • Vacancy Rate: 0
  • Gross Rent Multiplier: $18.03
  • Actual Annual Gross Rent: $216,000.00
  • Actual Rent Total: $216,000.00
  • Number Of Buildings: 2
  • Number Of Units: 3
  • Occupant Type: Tenant
  • Tenant Pays: Gas, Electricity, Water, Trash Collection

Property History for 432 North Gardner Street

DateEvent & SourcePriceAppreciation
Apr 28, 2021

Withdrawn / Cancelled

CRMLS #21707924

Apr 28, 2021

Withdrawn / Cancelled

CLAW #21-707924

Mar 19, 2021

Listed (Active)

CRMLS #21707924

$3,895,000
DateEvent & SourcePrice
04/28/2021

Withdrawn / Cancelled

CRMLS #21707924

04/28/2021

Withdrawn / Cancelled

CLAW #21-707924

03/19/2021

Listed (Active)

CRMLS #21707924

$3,895,000

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

Public Records for 432 North Gardner Street

Taxable ValueLand$1,390,182Additions$1,203,534Total$2,593,716
Tax Record2020$31,784 ($2,649 / month)
Home Facts
Total Finished SqFt7,905 SqFtAbove Grade Finished SqFt7,905 SqFtLot Size6,107 SqFtStyleTriplexYear Built1928Year Renovated1928ZoningLARD1.5CountyLOS ANGELESAPN5526032020

Schools near 432 North Gardner Street


SchoolTypeGradesDistanceRating
Bais Yaakov School For GirlsPrivate9-120.3 mi
NR
Whitman Continuation SchoolPublic9-120.4 mi
NR
Fairfax Senior High SchoolPublic9-120.5 mi
7
Melrose Elementary SchoolPublicK-60.6 mi
9

Bais Yaakov School For Girls

9-12, 0.3 mi, Private

NR

Whitman Continuation School

9-12, 0.4 mi, Public

NR

Fairfax Senior High School

9-12, 0.5 mi, Public

7

Melrose Elementary School

K-6, 0.6 mi, Public

9

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.

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Harcourts Beverly Hills, Laurent Bijaoui, DRE #01947961; Harcourts Beverly Hills, Krystle Bijaoui, DRE #02037854

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.