2 months on rocket

Sale Pending

943 N Gardner St, West Hollywood, CA, 90046

$3,195,000

12 Bedrooms
11 Baths
6,440 SqFt
$496/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCarport
Year Built1957
HeatingWall Furnace
MLS #24358637
Lot Size0.14 Acres
StatusSale Pending
(Pending)

About 943 N Gardner St

We are pleased to present 943 N Gardner St, a charming Mid-Century 8-unit value-add multifamily investment opportunity delivered with 5 of 8 units vacant, located in the highly desirable city of West Hollywood, south of Santa Monica Blvd, west of N La Brea Ave, and east of Fairfax Ave. The property boasts a WalkScore of 93 (Walker's Paradise) and is located steps from exceptional employment, lifestyle, and leisure options that make West Hollywood one of the premier rental markets, attracting an affluent, upwardly mobile tenant base. This 1957-built 2-story, 8-unit building has a desirable unit mix of 3 (2+1.5), 1 (2+1), & 4 (1+1) spacious units averaging over 800 gross square feet. A BRAND NEW ROOF and NEW 400 AMP HOUSE ELECTRIC PANEL, WIRES, SUB-PANELS & FUSES installed in 2019. Unit features include OVERSIZED windows providing ample natural light, hardwood floors, kitchens with gas ovens and refrigerators, and ample closet space for convenience. The property features secure gated entry, an on-site laundry room, and 5 tandem carport parking spaces (5 covered & 5 uncovered car parking spaces parking 10 total cars 8 of which will be delivered vacant). The building is separately metered for gas and electricity. 943 N Gardner St's excellent West Hollywood location offers residents unmatched access to career centers, educational institutions, restaurants, nightlife destinations, shopping (Trader Joe's 0.4 miles, Whole Foods 0.5 miles), and recreation (Plummer Park 0.3 miles, Poinsettia Park 0.2 miles), all within one of the most walkable and high-demand locations in Southern California. The property is also conveniently located just 0.2 miles south of CA-2, 1.4 miles from Sunset Strip, 0.3 miles from Melrose shopping district, 1.4 miles from the La Cienega design district, 2.5 miles from Beverly Hills, and 2.4 miles from the CA 101 freeway, ensuring easy access to the city's extensive transit network and other LA attractions. Strategically positioned in the heart of West Hollywood, this well-maintained asset is in a dynamic and centrally situated submarket, offering an astute investor the potential for significant appreciation and strong returns, supported by historically high tenant demand who enjoy quality living experience in one of Los Angeles's most dynamic neighborhoods.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 2
  • Living Area: 6,440 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Matthew R. Kanner

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Fairfax Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Laurel Elementary School, Public District Grades KG-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Located in the West Hollywood submarket of Los Angeles adjacent to Hollywood and Fairfax just 3 blocks north of Melrose Ave, 5 blocks west of La Brea Ave, 2 blocks south of Santa Monica Blvd, and 8 blocks east of Fairfax Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,195,000
  • Price Per SqFt: $496/SqFt

Tax Information:

  • Annual Amount: $20,563
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in West Hollywood, CA.

Map thumbnail provided by MapBox

West Hollywood, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$859

Avg. Days On Market

33

# of Sold Homes

33

943 N Gardner St vs West Hollywood

76 DAYS ON ROCKET

+43 Days

$3,195,000

+$2.0M More

$496/SqFt

-$363 Less

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $363/SqFt less than other homes in West Hollywood, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24358637

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Matthew R. Kanner

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 4:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 19, 2012Home Sold
$1,339,000

Tax History

YEARPROP. TAXASSESSMENT
2021$20,563$1,553,773
2020$19,918$1,537,842
2019$19,721$1,507,689
2018$19,301$1,478,127
2017$19,301$1,449,145

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,645

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4849109
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 0.54 miles

  • Public Magnet Grades KG-6

school-card-donut-4849110
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 18.02 miles

  • Public Magnet Grades 1-5

school-card-donut-4849111
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 26.11 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4849112
4
/10

  • Laurel Elementary School

  • 925 N Hayworth Ave

  • 0.56 miles

  • Public District Grades KG-8

school-card-donut-4849113
4
/10

  • Studio

  • 2211 W Avenue 30

  • 6.78 miles

  • Public District Grades 6-8

High School

school-card-donut-4849114
4
/10

  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 0.50 miles

  • Public Magnet Grades 9-12

school-card-donut-4849115
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 8.83 miles

  • Public Magnet Grades 9-12

school-card-donut-4849116
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 11.07 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,515. Most West Hollywood, CA residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 943 N Gardner St

What is the listing price of this property?

The listing price of 943 N Gardner St property is $3,195,000.

What type of property is this?

The property 943 N Gardner St is a house located in West Hollywood, California, 90046.

Is this property for sale now?

Sale Pending: 943 N Gardner St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 943 N Gardner St are:
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Laurel Elementary School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Fairfax Senior High School: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $20,563 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 19, 2012 for $1,339,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 943 N Gardner St has 12 bedrooms and 11 bathrooms.

What is the square footage of this property?

The property 943 N Gardner St is 6,440 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 943 N Gardner St is 1957.
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Rocket Homes›California›Los Angeles County›West Hollywood›90046›943 N Gardner St

This home is located at 943 N Gardner St in West Hollywood, CA and zip code 90046 in the Central LA neighborhood. This 6,440 square foot home, which was built in 1957, sits on a 0.14 acre lot. Features: 12 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $3,195,000.

West Hollywood, CA housing market in April 2024 saw over 12 listings sold above listed price, more than 7 sold at listed price and over 14 sold below. In April 2024 in West Hollywood, CA there were 19.2% more homes for sale than in March 2024. Listings spent 33 days on the market in April 2024, and had a median list price of $1,147,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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