$2,623,627*
●
Multifamily -
Off Market
1017 North GARDNER Street
West Hollywood, CA 90046
4 Beds
4 Baths
2500 Sqft
$1,620,000 - $1,978,000
Reference Base Price*
45.84%
Since Dec 1, 2019
CA-Los Angeles
Primary Model
About This Property
BEST DEAL IN WEST HOLLYWOOD!!!! Amazing investment and/or
development opportunity in the heart of West Hollywood, just a few
blocks from the trendy Melrose stores and restaurants, and mere
minutes from the Grove & Farmers Market. Currently, there is a
renovated triplex consisting of the 4BD 2BA main house and 2 studio
units in the back; all units can be delivered VACANT at close of
escrow; this property is capable of fully carrying itself during
the entitlement & plan check process. Lot is zoned WDR3B which
allows for up to FIVE (5) luxury condos to be built by right, up to
7,500sf total living space. 2 OTHER ADJACENT LOTS ARE AVAILABLE for
a much larger 3x lot project - a very rare opportunity. Conceptual
architectural plans for a 5-unit luxury condo project, topographic
survey & historic assessment report are available & included in the
price (Note: there are NO entitlements or permits).
The manager has listed the unit size as 2500 square feet.
The manager has listed the unit size as 2500 square feet.
Unit Size
2,500Ft²
Days on Market
-
Land Size
6,560.00 acres
Price per sqft
$720
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1921
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 28, 2019 | No longer available | - | |
| No longer available | |||
| Oct 19, 2019 | Price Decreased |
$1,799,000
↓ $51K
(2.8%)
|
|
| Price Decreased | |||
| Jul 8, 2019 | Listed | $1,850,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
Garage
1017 North GARDNER Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
2
Beds
3
Baths
1,861 ft²
$1,069/ft²
$1,990,000
Nov 4, 2022
-
-
Active
House
2
Beds
2.5
Baths
1,782 ft²
$1,063/ft²
$1,895,000
Nov 13, 2022
-
-
In Contract
House
2
Beds
2.5
Baths
1,836 ft²
$790/ft²
$1,450,000
Sep 13, 2022
-
$183/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/30/2019
|
|
Studio
|
-
|
-
|
$2,000,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
