501 N Gardner St

A rare opportunity to own a classic Spanish trophy property with the distinctive charm of old Hollywood offered at
4.34% CAP

This classic 1931 Spanish style building is brimming with character offering authentic period details, and a charming courtyard setting.
Perched on the corner of Gardner and Rosewood, this unique 6 unit layout has great curb appeal. Hand-painted tiles adorn the front entry revealing 2 spacious ground floor units.
An ornate wall surrounds the gated patio and courtyard leading to 4 additional units (2 up - 2 down). Top floor offers a 2BR unit with vaulted beamed ceilings and a balcony overlooking Rosewood. Other units feature assorted original fixtures, original tile bathrooms, decorative fireplace, coved or wood-beamed ceilings, and hardwood floors.

* 6 units + Bonus Unit for additional income! 
* Fully occupied
* LAR1 (tenants pay electricity/gas/trash)
* Newly installed tankless water heater and copper plumbing.

A charming and well-maintained property in one of most sought after investment areas of Los Angeles! This A+ location is 2 blocks N of The Grove and 2 blocks S of Melrose.

For more information on this wonderful income and investment opportunity with room for growth
Call Mason Canter at