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1425 Edgecliffe Dr
Los Angeles, CA 90026
5 Units - Walking Distance to Sunset Junction · Multifamily Property For Sale
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5 Units
Investment Highlights
- Ideally Located in the Heart of Silver Lake, Tenants have Access to Some of the Best Eateries, Nightlife and Local Shopping that LA has to Offer
- There is 44 Percent Remaining Rental Upside Through Interior Renovations – Not Including Potential ADU Income
- The Offering is Located Within a 15 Minute Radius of Over 100 Million SF of Office which Attracts High-Income Tenant Profiles and Drives Rental Growth
- Boasting a Walk Score of 97 (Walker’s Paradise), 1425 Edgecliffe is Just Steps from the Iconic Sunset Junction and Silver Lake Farmers Market
- Current Ownership Has Recently Renovated 67% of Units with New Kitchens, New Bathrooms, Flooring, Appliances and More
- New Ownership can Add an ADU to the Property Allowing for Added Future Growth and Appreciation Potential – Permits are “RTI” Status
Property Facts
| No. Units | 5 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 3,379 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1921 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Zoning | LAR2 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,379 SF |
| No. Stories | 2 |
| Year Built | 1921 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | LAR2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 5427-015-021 | Improvements Assessment | $519,991 |
| Land Assessment | $955,087 | Total Assessment | $1,475,078 |
Property Taxes
Parcel Number
5427-015-021
Land Assessment
$955,087
Improvements Assessment
$519,991
Total Assessment
$1,475,078
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