3044 Edgehill Dr | Los Angeles, CA 90018
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- LoopNet Team
3044 Edgehill Dr
Los Angeles, CA 90018
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Massive units with the potential to convert 1-bedrooms into 2-bed units
- The property has been approved for Section 8
- Newer roof and copper plumbing throughout
- Offering a staggering ±88% upside in potential rental income
- Individually metered for gas & electric, along with in-unit water heaters
- 7 on-site parking spaces that have yet to be monetized
PROPERTY FACTS
| No. Units | 8 | Building Size | 7,574 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1929 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,574 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1929 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | LARD1.5 |
AMENITIES
UNIT AMENITIES
- Microwave
- Kitchen
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | $1,221 | - |
PROPERTY TAXES
| Parcel Number | 5051-033-011 | Improvements Assessment | $382,991 |
| Land Assessment | $1,067,737 | Total Assessment | $1,450,728 |
PROPERTY TAXES
Parcel Number
5051-033-011
Land Assessment
$1,067,737
Improvements Assessment
$382,991
Total Assessment
$1,450,728
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