CA > Los Angeles
Los Angeles, CA 90039,3406 Garden AVE
Los Angeles, CA 90039,3406 Garden AVE
Los Angeles, CA 90039,3406 Garden AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,180,000
Est. payment /mo
12 Beds
8 Baths
5,963 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,963 sqft

Price per Sqft $365

MLS Listing ID 25559563

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 located in one of Los Angeles' most sought-after neighborhoods, Atwater Village. Delivered 83%vacant, with five out of six units available, this offering is ideal for an investor looking to renovate, reposition, and reimagine a classic mid-century asset. Built in 1965, the property features an attractive unit mix consisting of five two-story,townhome-style units with two bedrooms and one-and-a-half baths each, along with one corner flat offering two bedrooms and one bath. The building totals approximately 5,963 square feet and sits on a 6,752 square foot lot. It is well parked, providing six on-site parking spaces. Zoned R1-1-RIO, the property presents multiple repositioning strategies. Investors can pursue a full renovation with the potential to add ADUs, or explore the opportunity to convert and sell each unit individually as a Tenant-in-Common (TIC) ownership structure. The property also benefits from having its Soft-Story Retrofit completed, with a Certificate of Compliance already received . Located in the heart of North East LA's Atwater Village, the property offers tenants direct access to one of NELA's most vibrant retail corridors along Glendale Boulevard. With a Walk Score of 89, the location is considered "Very Walkable," where most errands and daily activities can easily be accomplished on foot. Disclosure: Buyer to conduct their own due diligence, including but not limited to verification of building square footage, lot size, legal bedroom and bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story compliance status, and the ability to construct ADUs or additional units. Do not disturb tenants or walk the property. Drive-by only.

Location

State CA

County Los Angeles

Area 606 - Atwater

Zoning LAR1

Interior

Fireplace No

Exterior

Parking Features Attached Carport, Assigned, On Street

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5437006010

Special Listing Condition Probate Listing

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CRMLS – RECore
Listed by Eric Dilanian Remax Commercial and Investment Realty

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