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903 Edgemont St 5,730 SF Health Care Building Offered at $3,295,000 at a 5% Cap Rate in Los Angeles, CA 90029
EXECUTIVE SUMMARY
AMAZING! GRAND! STATUESQUE! TRULY A PROUD INVESTMENT AND A REAL MONEY MAKER! BABY, THIS IS IT! WELCOME TO THE LAND OF INCOME! TRULY AMAZING and Unique Opportunity! This, City Approved, Boarding House is being offered for sale for the FIRST TIME in Decades! With 22 bedrooms, 8 bathrooms, 2 kitchens and several parking spaces, this is a RARE Opportunity. Located IDEALLY near East Hollywood, this 1920's Pre-Depression Home is in High Demand. All utilities are on one meter, which Owner provides. Absolutely Beautiful and Classic Building, and easily Notable in the area! Vacancies are Rare, and the Location is Great! Ownership will Exchange from this Wonderful Investment, so do let us know if your client has an Investment that may interest the Ownership! OR, your client may purchase direct, and the Ownership will locate their Exchange Property on their own. So, Come On Down, and Let's Make a Deal!
PROPERTY FACTS
| Price | $3,295,000 | Lot Size | 0.12 AC |
| Price Per Bed | $149,773 | Building Size | 5,730 SF |
| Sale Type | Investment | No. Beds | 22 |
| Cap Rate | 5% | No. Stories | 2 |
| Property Type | Health Care | Year Built | 1920 |
| Property Subtype | Congregate Senior Housing | Parking Ratio | 0.35/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | LARD2 | ||
| Price | $3,295,000 |
| Price Per Bed | $149,773 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Property Type | Health Care |
| Property Subtype | Congregate Senior Housing |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,730 SF |
| No. Beds | 22 |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.35/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LARD2 |
ROOM MIX INFORMATION
| DESCRIPTION | NO. BEDS |
|---|---|
| - | 22 |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 5538-013-018 | Improvements Assessment | $246,632 |
| Land Assessment | $402,761 | Total Assessment | $649,393 |
PROPERTY TAXES
Parcel Number
5538-013-018
Land Assessment
$402,761
Improvements Assessment
$246,632
Total Assessment
$649,393
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903 Edgemont St
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