Pending
3406 Garden Avenue
Los Angeles CA, 90039
$2,180,000
$365.59 per sqft
Pending
12 Beds
8 Baths
5,963 sqft
Residential
Built in 1965
Listed by Eric Dilanian with Remax Commercial and Investment Realty 213-233-4379
We are pleased to present for sale this rare (6) Unit mid-century investment opportunity in one of LA's Hottest Locations Atwater Village! Delivered 67% VACANT (4 of 6), this opportunity is offered for sale for the first time in over 49 years. The building is constructed in 1965, and consists of a robust unit mix of (5) 2 Story Town-Home Style Units with 2 Bed & 1.5 Bath Units and (1) Corner Unit with 2 Bedrooms & 1 Bath. It boasts a total building size of 5,963 SF and situated on a lot size of 6,752 SF. The property is nestled in a residentially zoned community and is well parked, with (6) spaces available. The investment is poised for an astute investor looking to add value by immediately adding up to (1) ADU Units by right (Buyer to verify feasibility of adding ADU's). The subject property is zoned R1-1-RIO with Soft-Story Retrofit Completed, and Certificate of Compliance Received. The investment is strategically located in the epicenter of North East LA's Hotspot of Atwater Village, where tenants have access to NELA best retail corridor of Glendale Blvd. Walk-Score of 89, considered very walkable, where most errands can be accomplished on foot. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-StoryCompliance, and the ability to construct ADU(s) or additional units. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY.
24450573
MLSⓇ ID
October 10, 2024
Listed
October 30, 2024
Updated
Map
3406 Garden Avenue
Los Angeles CA, 90039
Interior Features
Total Stories
2
Bedrooms
12
Total Bathrooms
8
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
606 - Atwater
Days on Market
16
Garage
Yes
Parking
Attached Carport, Assigned, On Street
Parking Total
6
View
No
County
Los Angeles
Pool
No
Zoning
LAR1
Listing History
Date | Event | Price |
---|---|---|
10/29/2024 | Pending | — |
Listing Contact: 213-817-1000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/30/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/30/2024 at 11:22 AM UTC