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175-179 N Edgemont St
Los Angeles, CA 90004
Edgemont Court · Multifamily Property For Sale
·
12 Units
Investment Highlights
- PRICED AT LAND VALUE FOR 2 CONTIGUOUS MASSIVE CORNER LOTS OF NEARLY 11,000 SQ, FT TOTAL .EXTRA WIDE FRONTAGE ON BOTH STREETS.
- IMPRESSIVE EXISTING FRENCH NORMANDIE ARCHITECTURE. PRIDE OF OWNERSHIP WITH GATED ACCESS!
- 14 GATED PARKING SPACES . 1 UNIT DELIVERED VACANT. +-26% IN UPSIDE RENTAL INCOME. MASTER METER FOR WATER & ELECTRICITY. SEPARATE METER FOR GAS.
- PROPERTY ZONED LAR3 LOCATED IN OPPORTUNITY ZONE + BENEFIT OF A TOC TIER 3 OVERLAY + DENSITY BONUS FOR FUTURE DEVELOPMENT POTENTIAL.
- EXCELLENT UNIT MIX OF CLOSE TO 600 SQ. FT. HUGE STUDIOS WITH DEN. ALL UNITS REMODELED W/WOOD FLOORING AND STAINLESS STEEL APPLIANCES.
- GREAT TENANTS & ALL RENTS ARE PAID & UP TO DATE, NO DEFERRED RENT. BRING YOUR OFFERS: ALL CASH OFFERS WITH SHORT ESCROW PERIODS
Property Facts
| No. Units | 12 | Building Size | 7,312 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1940/2005 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | R3, Los Angeles - Limited Density Multiple Residence | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 7,312 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2005 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | R3, Los Angeles - Limited Density Multiple Residence |
Amenities
Unit Amenities
- Fireplace
- Ceiling Fans
- Hardwood Floors
- Den
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | 575 - 600 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $424,482 | |
| Land Assessment | $2,228,536 | Total Assessment | $2,653,018 |
Property Taxes
Parcel Numbers
Land Assessment
$2,228,536
Improvements Assessment
$424,482
Total Assessment
$2,653,018
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