• Call your local brokerage at 310.271.2229
For Sale:$2,795,000
$9,891/mo
Monthly Payment:
$9,891
Principal & Interest:
$9,891
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $559,000 down)
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11114 N Gardner St


West Hollywood, CA 90046

West Hollywood Los Angeles Unified School District
14bed 7,674sq ft $364 / sq ft MFR
Lot Size10,413sq ft Built1948 On site225days
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It is extremely rare to find a property of this size in a high quality A West Hollywood location, with units this large and with rents extremely below current market rents. Given these facts, this property presents itself as a true classic value added opportunity.~With currents rents at $0.87 Per Sq Ft,~this building is currently operating well below its maximum income potential. Competing properties in this sub-market are currently achieving rents in the range of $2.50-3.00 Per Sq Ft. This fact alone makes this Gardner St Asset an excellent opportunity to generate tremendous upside both in income and value to a future investor. That's a real~36% upside in rents~with only using market rent assumptions as low as $2.76 PSF. 5 VACANT UNITS! Perfect Value Add Opportunity!
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Last Checked For Updates: 1 hour 51 minutes We update property info including price, photos, sale status and more as soon as it’s available. ago Status: Active Views: 14
MLS #16119576 , Listed on 04/19/16 by ARTHUR AREJIAN, License# 01037335, ARTHUR AREJIAN, BROKER
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MLS Listing Information for 11114 N Gardner St

Exterior Features

Parking

  • 12 Parking Spaces
  • Garage

Lot Size

  • 10,413 Sq. Ft.

# of Units

  • 5 or more

Additional Information

County

  • Los Angeles

Listing Broker

  • ARTHUR AREJIAN, BROKER

Assessments

  • 0

Listing Agent

  • ARTHUR AREJIAN
  • License# 01037335 (Lic. #01037335)

Zoning

  • WDR2*

Originating MLS

  • The Combined Los Angeles/Westside Multiple Listing Service
  • Inc.

Home Value Estimates

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Price History for 11114 N Gardner St

Date Event Price Source
04/19/16 New Listing $2,795,000 CARETS

Schools Information

From Public Records
School District: Score      
Los Angeles Unified School District
4.7
     

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Houses for sale near 11114 N Gardner St
This 14 bedroom Multi-Family home for sale in West Hollywood, CA is currently listed for $2,795,000. Featuring a lot size of 10,413 Sq. Ft., 11114 N Gardner St was built in 1948 and has been on ERA.com for 225 days.

This listing is provided courtesy of ARTHUR AREJIAN, BROKER. Interested in viewing more homes for sale near 11114 N Gardner St West Hollywood, CA 90046? You can search all West Hollywood MLS listings, find a real estate agent, get a home value estimate and more on ERA.com.
Local real estate services provided by:
Nelson Shelton Real Estate ERA Powered
Nelson Shelton Real Estate ERA Powered
355 North Canon Drive
Beverly Hills, CA 90210
Richard D Nelson, CAL BRE 01035341
310.271.2229
Website provided and owned by Nelson Shelton Real Estate ERA Powered.
11114 N Gardner St West Hollywood, CA 90046 $2,795,000
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Based on information from CARETS as of Tuesday, December 6, 2016 at 10:55 PM. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX provided by ZapLabs.