Listing Provided Courtesy ofKeller Williams Realty Calabasas Tour
Exclusively offered for sale is the Gardner Apartments, a charming seven (7) unit apartment building in highly desirable West Hollywood. Gardner Apartments is comprised of one (2+1) six (1+1) and is a great reposition opportunity with 6 of the 7 units currently rented below market. The laundry is currently owned, which allows the owner to keep 100% of the income generated, as well as some of the (1+1) have tandem spaces. The property was recently painted and two units have been renovated within the last 3 years. There are (4) tandem spaces and (2) open non conforming spaces for a total of 10 parking spaces. Gardner Apartments offers parking for 6 out of the 7 units. Some of the 1 bedroom units may have a tandem parking space which is a premium for the neighborhood. Cost per unit and Cost per foot are below average compared to other buildings being offered for sale in 90046 (5 to 20 units / 1940 - 1978 Built As of 4/6/2018)Gardner Apartments is centered between Melrose Ave and Santa Monica Blvd just West of N Vista Street and just East of N Sierra Bonita Ave. The property is walking distance to trendy shops and restaurants on Santa Monica Blvd as well as in close proximity to Whole Foods, New Construction, Poinsettia and Plummer Park.
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Listing Courtesy ofKeller Williams Realty Calabasas