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$2,180,000

Est. payment - /mo

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12 BD

8 BA

5,963 SqFt

Pending

3406 Garden AVE Los Angeles, CA 90039

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/29/2024 05:10 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,963 sqft

Price per Sqft $365

MLS Listing ID 24450573

Bedrooms 12

HOA Y/N No

Year Built 1965

Lot Size 6,756 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 606 - Atwater

Zoning LAR1

Interior

Fireplace No

Exterior

Garage Attached Carport, Assigned, On Street

Parking Type Attached Carport, Assigned, On Street

Attached Garage Yes

Total Parking Spaces 6

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5437006010

Special Listing Condition Probate Listing

Listed by Eric Dilanian • Remax Commercial and Investment Realty

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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