Ignite FB Tracking Pixel1945 S Garth Avenue, Los Angeles, CA 90034 - J. Cherne Homes & Associates
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listing
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Single FamilyFor Sale
$5,150,000
1945 S Garth Avenue
Los Angeles, CA 90034
Listed by: Steven Goldstein from Northmarq Realty Services, Inc, (949) 717-5200
MLS: Bay East Contra Costa (BECCAR)
13,164Sq Ft
Est. Mortgage
$26,683/mo

1945 South Garth Avenue is a 14-unit extensively renovated apartment building built in 1964. Located north of Cadillac Avenue, between Robertson Boulevard and La Cienega Boulevard. 1945 South Garth caters perfectly to its renters pool as the building is made up of large style units. The subject property consists of two (2) 2-bedroom / 1-bathroom units, ten (10) 2-bedroom / 2-bathroom units, and two (2) 3-bedroom / 2-bathroom units. Current ownership has meticulously renovated ten units with finishes not typically seen in this submarket, these renovations include new laminate wood-plank flooring, stainless steel appliance packages, modernized interior paint schemes, custom shaker cabinets, recessed lighting, new fan/wall-AC units, new tile, and custom vanities in bathrooms. Additional upside can be realized by renovating the remaining classic units and capturing roughly ~53% upside in rents. Current ownership has also maintained and upgraded the property’s building systems and exterior façade, including new windows throughout, recently replaced roof, fresh painting, updated lighting/ signage package, landscaping, and compliance with the mandated soft-story requirements (buyer to verify) by the City of Los Angeles, with a Certificate of Compliance in hand. These upgrades allow a

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Information courtesy of Northmarq Realty Services, Inc is subject to verification and is not guaranteed.
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