3406 Garden Ave Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90039
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 5,963 sqft
Price per Sqft $365
MLS Listing ID 24-450573
Bedrooms 12
Year Built 1965
Lot Size 6,755 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area Atwater
Zoning LAR1
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Carport Attached, Assigned, On street
Garage Spaces 6.0
Others
Special Listing Condition Probate Listing