Share This Listing

Message

915 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

158 N Edgemont St - FRONT DUPLEX PLUS ADU, AMPLE PARKING SPACES 3 Unit Apartment Building Offered at $1,499,000 at a 5.83% Cap Rate Los Angeles, CA 90004

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

THE 2ND FLOOR UNIT, 3 BEDROOMS + 2 BATHROOM UNIT CAN BE DELIVERED VACANT FOR NEW OWNERS TO USE AS THEIR PRIMARY RESIDENCE STARTING AUGUST 16TH, 2025. SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. ** BRING YOUR 1031 EXCHANGE HERE. ** 100% LEASED, RENTS ARE COMING IN LIKE CLOCK WORK!! TENANTS PAY ALL UTILITIES, INCLUDING WATER, TRASH, INSURANCE, ELECTRICITY, GAS. **DUPLEX WITH ADU. ** TOTAL 3 UNITS. ** FULLY REMODELED, NEW COPPER PIPES, NEW ELECTRICAL, NEW FLOORING, NEW LIGHTS, NEW APPLIANCES, NEW TANKLESS WATER HEATER, EV CHARGING STATIONS, AMPLE PARKING SPACES. NO EXPENSES SPARED, WATERPROOF PLANKS, QUARTZ COUNTER TOPS, HIGH-END CUSTOM CABINETRY. NEAR NO MAINTENANCE EXPENSES, EASY TO MAINTAIN AND HOLD. BRING YOUR 1031 EXCHANGES HERE!! ABSOLUTELY BEAUTIFUL UNITS. RING DOOR BELLS, SEPARATE BUILDING FOR ADU RECENTLY BUILT IN 2024. QUIET NEIGHBORS. THIS ONE WILL SELL FAST!! DON'T MISS OUT!!!

PROPERTY FACTS

Price $1,499,000
Price Per Unit $499,667
Sale Type Investment
Cap Rate 5.83%
Gross Rent Multiplier 13.87
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.12 AC
Building Size 2,624 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1936/2024
Parking Ratio 3.05/1,000 SF
Opportunity Zone Yes
Zoning LAR3 - LAR3

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Security System
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Dining Room
  • Double Pane Windows
  • Instant Hot Water
  • Patio
  • Porch
  • Smoke Free
  • Window Coverings

SITE AMENITIES

  • Laundry Facilities
  • Gas Range
  • Trash Pickup - Curbside
  • Car Charging Station
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $2,300 512
3+2 2 $3,600 1,200
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35220552

  • Date on Market: 3/21/2025

  • Last Updated:

  • Address: 158 N Edgemont St, Los Angeles, CA 90004

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}