502 N Gardner Street, Los Angeles, California 90036, Los Angeles, 90036 - 3 bed, 2 bath

502 N Gardner Street, Los Angeles, California 90036 home-pic-0

502 N Gardner Street

Los Angeles, California 90036

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,381Sq Ft
3,600Lot Size

Property Price

LIST PRICE$1,750,000
EST. MARKET VALUE
$1,666,038
5% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,666,038
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
502 N Gardner Street
Subject
$1,750,000*
List Price
321,381$1,206-
A
7567 Rosewood Avenue
Sold
$1,310,000221,109$1,1810.1 mi
B
7471 Clinton Street
Active
$1,250,000
List Price
321,254$9970.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

While originally built in 1927, this Spanish-style home has undergone extensive high-end renovations that bring it to modern standards. The property features a fully remodeled kitchen with granite countertops and premium appliances, updated bathrooms, and refinished hardwood floors throughout. Furthermore, the mechanical and electrical systems are superior, including a 3.8 kW solar system with a Sonnen backup battery, a high-efficiency Lennox HVAC system, a new sewer line, and a comprehensive smart home security and irrigation suite, qualifying it for an excellent condition rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Advanced Energy & Smart Home Infrastructure

    The property is exceptionally equipped with a 3.8 kW solar system, Sonnen home backup battery, high-efficiency Lennox HVAC, and a comprehensive smart security and irrigation suite, providing rare modern sustainability for a 1927 home.

  • Prime Beverly Grove Walkability

    Located on a desirable corner lot, the home offers an ultra-convenient lifestyle with high walkability to premier Los Angeles destinations including The Grove, Farmers Market, and LACMA.

  • Turnkey Condition with Historic Charm

    The residence features a seamless blend of original Spanish architectural details, like domed ceilings and refinished hardwoods, with high-end modern updates to the kitchen and bathrooms, and includes all furniture in the sale.

CONSRISKS & DEFICIENCIES

  • Significant Showing Restrictions

    The property is currently tenant-occupied and can only be viewed after an offer has been accepted, which significantly limits accessibility for traditional buyers and may prolong the sales cycle.

  • Limited Outdoor Living Space

    With a modest 3,600 square foot lot and only a small private patio, the ground-level outdoor space is constrained, relying heavily on the garage rooftop deck to provide usable exterior area.

About 502 N Gardner Street

Pristine Spanish-style home on a corner lot in a prime Beverly Grove location. Living room has domed ceilings, fireplace, refinished hardwood floors, and a large picture window facing the street. Separate dining room with coved ceilings and hardwood floors. Remodeled kitchen with black granite counters and green subway tiles, high end appliances, and skylights. Remodeled hall bathroom plus a 3/4 bathroom off the kitchen. Three nice sized bedrooms, all with redone hardwood floors. Small private patio plus a roof top deck on top of the garage. Features include 3.8 kW roof mounted Solar System4.0 kW; Sonnen Home Backup Battery; Honeywell Wired Alarm System; High Efficiency Variable Speed Lennox HVAC system; Rachio Smart Sprinkler Controller; Liftmaster Smart Garage Door opener with Battery Backup; Lorex 8 camera system. New sewer line. All furniture included in sale. Great location close to LACMA, Framer's Market and the Grove, and all the nearby highly walkable streets. Property is currently rented and can be shown only with an accepted offer.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1927
Lot Size
3,600 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Hancock Park Elementary School

Grades K-5 • 0.9 mi

7/10

Third Street Elementary School

Grades K-5 • 1.2 mi

8/10

Vine Street Elementary School

Grades K-6 • 1.6 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
37%
Baths2.03.0
35%
Square foot1,3812,431
7%
Lot Size3,6006,691
7%
Price$1.75M$2.17M
28%
Price per sq ft$1.3K$955
93%
Built year19271926
58%
HOA$0$0
50%
Days on market564184
0%

Pricing History

Listed for Sale

Aug 19, 2024

$1,750,000

Initial Listing

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