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424 N Gardner St, Los Angeles, CA 90036
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424 N Gardner St Los Angeles, CA 90036

$2,300,000 Sold Price as of 06/15/2021
  • 8 Beds
  • 8 Baths
  • 5,538 Sq.Ft.
Sold
$2,300,000 Sold Price as of 06/15/2021 Refinance Your Mortgage
Map preview of 424 N Gardner St, Los Angeles, CA 90036

Property Overview: 424 N Gardner St Los Angeles, CA has 8 bedrooms, 8 bathrooms, 5,538 living square feet and 6,107 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great location, very desirable rental area to live, close to The Grove. Very well kept, All units are 2 bedrooms and 2 bathrooms, almost 1400 sqft each unit, Washer and dryers in each units, spacious living room and dining room, central AC and heaters, all copper plumbing, lower units have private front patio area for BBQ, upstairs units have balconies. All units have back entry facing the 4 detached garage. Drive by only and interior inspection will be only after accepted offer. Buyer to do own inspections and verify all information relating to the building with the city.

Listed by Scott Chang | BRE #01814168 | 168 Realty Inc.
Last checked: 11 minutes ago | Last updated: January 30th, 2023 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
6,107
HOA Dues
$0/mo
Year built
1928
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
TR21016520
City
Los Angeles
County
Los Angeles
Time on Site
1340 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,730
  • Total Rent: $2,730
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,627
  • Total Rent: $2,627
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,730
  • Total Rent: $2,730
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,730
  • Total Rent: $2,730
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.9%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $129,804
  • Net Operating Income: $89,476
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $40,328
  • Electric: $1,500
  • Gas/Fuel: $0
  • Licenses: $328
  • New Taxes: $26,900
  • Trash: $300
  • Gardener: $1,200
  • Insurance: $3,600
  • Professional Management: $4,800
  • Water/Sewer: $1,700

Property Details for 424 N Gardner St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • Has Fireplace
  • Family Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Features: Front Yard, Gentle Sloping, Landscaped, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5526032018
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Beverly go north on Gardner
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains
View more facts & features

Local Los Angeles Agent

Sale History for 424 N Gardner St

Last leased for $3,500 on January 15th, 2023

  • January, 2023

  • Jan 15, 2023

    Date

    Leased

    CRMLS: 22222483

    $3,500

    Price

  • Dec 6, 2022

    Date

    Active

    CRMLS: 22222483

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Freshly painted restored Spanish Art Deco 2 bedroom 2 bathroom unit located in the heart of Beverly Grove. Spacious Lower unit with natural light all throughout the unit handsome hardwood floors, updated kitchen, along with in unit- washer and dryer. Private detached garage space. Enjoy the lifestyle the Beverly Grove neighborhood has to offer!

  • June, 2021

  • Jun 23, 2021

    Date

    Sold

    CRMLS: TR21016520

    $2,300,000

    Price

  • Feb 23, 2021

    Date

    Pending

    CRMLS: TR21016520

    $2,290,000

    Price

  • Jan 26, 2021

    Date

    Active

    CRMLS: TR21016520

    $2,290,000

    Price

  • February, 2013

  • Feb 1, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,700,000

    Price

  • August, 2003

  • Aug 8, 2003

    Date

    Sold (Public Records)

    Public Records

    $876,000

    Price

Show More

Tax History for 424 N Gardner St

Assessed Value (2020): $1,914,728
Year Land Value Improved Value Assessed Value
2020 $1,351,178 $563,550 $1,914,728

Home Value Compared to the Market

This property vs the competition

424 N Gardner St sold on June 15, 2021 for 104.46% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $413.51 per/sqft which puts the price per square foot 42.89% lower than the current median sale per square foot for the city of Los Angeles.

About 424 N Gardner St

Detailed summary of property

424 N Gardner St is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 5,538 living square feet, and sits on an approximately 6,107 square foot lot. 424 N Gardner St was first listed on ArdentRealEstateGroup.com on January 27, 2021. The homeowner sold the property for $2,300,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 104.46% higher than the current median priced home. Local homes that are currently for sale include 6216 W 6th St, 6347 Orange St and 5355 W 8th St. While the average home in Los Angeles, CA is selling in 106 days, 424 N Gardner St has a days on market of 25 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 424 N Gardner St Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 424 N Gardner St

Public county record property details
Beds
8
Baths
8
Year built
1928
Sq. Ft.
5,538
Lot Size
6,107
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
213
APN
5526-032-018

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,300,000
Median List Price/Sq.Ft.
$951
Median Sold Price
$1,675,000
Median Sold Price/Sq.Ft.
$754
Total Inventory
37
Median Sale to List Price %
95.71%
Avg Days on Market
31
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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