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

$1,417,500 Sold Price as of 06/03/2021
  • 3 Beds
  • 2 Baths
  • 2,014 Sq.Ft.
Sold
$1,417,500 Sold Price as of 06/03/2021 Refinance Your Mortgage
Map preview of 625 N Gardner St, Los Angeles, CA 90036

Property Overview: 625 N Gardner St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,014 living square feet and 5,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Step into the bygone days of Old Hollywood charm and character with this amazing side by side duplex located in prime Melrose area. Orange blossoms scent the air of this charming, tree-lined neighborhood located in the heart of Los Angeles, between world famous shopping strips of Melrose and Beverly. First time on the market in over 50 years, this wonderful home has passed from generation to generation and is now ready for the next loving owner. Perfect for owner/user or fantastic investment. 2+1 has lovely tenants; spacious 1+1 delivered vacant. Hardwood floors, plenty of light, original architectural details, they just don't build em like this anymore. Private back garden is the spot for summer bbqs and relaxation. Close proximity to Los Angeles staples like Erewhon Market, The Grove, El Coyote and newer haunts such as Petty Cash Taqueria, Milk Bar and many more.

Listed by Joseph Devarenne | BRE #01369564 | Sotheby's International Realty
Co-listed by Meredith Wick | BRE #01340482 | Sotheby's International Realty
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
5,841
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21711138
City
Los Angeles
County
Los Angeles
Time on Site
1147 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,950
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $83,400
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 625 N Gardner St

Interior Features
Heating Information
  • Has Heating
  • Central
Room Information
  • Flooring: Wood, Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5526017007
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: From Melrose, South on Gardner, property on Right.
View more facts & features

Local Los Angeles Agent

Sale History for 625 N Gardner St

Last sold for $1,417,500 on June 3rd, 2021

  • June, 2021

  • Jun 4, 2021

    Date

    Sold

    CRMLS: 21711138

    $1,417,500

    Price

  • Apr 13, 2021

    Date

    Active Under Contract

    CRMLS: 21711138

    $1,449,000

    Price

  • Mar 27, 2021

    Date

    Active

    CRMLS: 21711138

    $1,449,000

    Price

Tax History for 625 N Gardner St

Assessed Value (2020): $73,473
Year Land Value Improved Value Assessed Value
2020 $49,514 $23,959 $73,473

Home Value Compared to the Market

This property vs the competition

625 N Gardner St sold on June 3, 2021 for 21.76% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $719.46 per/sqft which puts the price per square foot 4.71% lower than the current median sale per square foot for the city of Los Angeles.

About 625 N Gardner St

Detailed summary of property

625 N Gardner St is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 2,014 living square feet, and sits on an approximately 5,841 square foot lot. 625 N Gardner St was first listed on ArdentRealEstateGroup.com on March 27, 2021. The homeowner sold the property for $1,417,500. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 21.76% higher than the current median priced home. Local homes that are currently for sale include 6845 Alta Loma, 1371 Masselin Ave and 1363 Hauser Blvd. While the average home in Los Angeles, CA is selling in 94 days, 625 N Gardner St has a days on market of 17 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 625 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 625 N Gardner St

Public county record property details
Beds
3
Baths
2
Year built
1925
Sq. Ft.
2,014
Lot Size
5,841
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
498
APN
5526-017-007

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
$1,998,000
Median List Price/Sq.Ft.
$883
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
45
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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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