Asking Price: $3,795,000

Gardner Street Apartments is an 8-unit apartment building located in West Hollywood, a highly desirable submarket of Los Angeles near entertainment, restaurants, schools and shopping. The Property is a charming two-story structure with spacious units including 6 (2+1) and 2 (1+1). The Property presents the opportunity for an investor to acquire a well-maintained asset in a high-demand rental market with the potential to add value through additional renovations. 6 of the 8 units have been completely renovated with high-end finishes including new stainless-steel appliances, new A/C units, refinished hardwood floors, tile floors in kitchens and bathrooms, new kitchen cabinets and tile backsplashes. These renovated units also feature new copper plumbing and electrical wiring, and new in-unit washers and dryers. Through a complete interior renovation, an investor will have the opportunity to capitalize on the remaining rental upside. The exterior and common areas have also been updated.