New Construction - Master on Main
Address
3417 Edgehill Drive Los Angeles, CA
Price
$ 2,350,000
Property Attributes
  • ML#PW20091672
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90018
  • StyleContemporary
  • Price$ 2,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5504
  • Lot Size5,898 SqFt
Listing Provided Courtesy Of:
Sonia Ramirez with Alta Mira Realty, Inc..
Property Description

Here's the opportunity you've been searching for! A luxury multi-unit quadplex with above average market cap rate, fully leased cash flowing $14,000 a month in a great mid-city LA location. Lessee responsible for maintenance, upkeep and utilities. New owner will only be responsible for their taxes & insurance! This is truly a turn key, rock solid investment in uncertain times. The 2020 luxury units include two duplexes. Front duplex has 3 bedroom & 2 bath units in an up and down configuration. The back duplex boasts 4 bedrooms and 3 bathrooms in a townhouse style side-by-side, 3 story high configuration with attached tandem garages. The modern esthetic is enhanced by clean lines and trendy finishes. Each unit has luxe laminate flooring for easy maintenance and durability. Interior configurations were designed with the way people are sharing spaces today and into the future. Kitchens boast bold backsplash design and soft close white shaker cabinets. Metal finishes and recessed lighting are present throughout the space. The designer color palette of greys and whites appeal to everyone's taste and make units rent for premiums in the area. Property is located just off of Jefferson Blvd and is adjacent to all local transportation hubs. Only a short 2 miles from USC, this location is ideal to access all of what LA has to offer. Located in one of the hottest markets in LA, you need to see them for yourself.

Price History
5/15/2020 Listed $2,550,000
8/14/2020 6% - $2,400,000
9/18/2020 3% - $2,350,000

General Features

Architectural Style Contemporary
Assessments None
Attached Structure Attached
Community Features Street Lights, Urban
Directions Slightly South of Jefferson Blvd. / West of Crenshaw Blvd.
Flooring Laminate
Garage Spaces 5.00
Heating Central
Levels Two, Three Or More
Listagentaor Pacific West
Listing Agent Sonia Ramirez - BRE#02031080
Listing Agent State License 02031080
MLS Area C16 - Mid Los Angeles
Parking Features Direct Garage Access, Driveway, Garage
Pool Features None
Price Per Square Foot 426.96
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 4
Zoning LARD1.5

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 1 Common Wall
Heating Y/N Yes
Laundry Features Gas Dryer Hookup, Inside, Washer Hookup
Laundry Y/N Yes
Room Type All Bedrooms Down
Studio Area Unit Type Square Feet
Window Features Double Pane Windows

Exterior Features

Building Area Total 5504.00
Lot Features 2-5 Units/Acre
Lot Size Acres 0.1354
Lot Size Area 5900.0000
Lot Size Source Assessor
Lot Size Square Feet 5900.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 4
Parking Y/N Yes
Total Parking 8.00
Uncovered Spaces 3.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90018

Price
AVG $1.28M
$2.35M
Visits
AVG 36
37
Year Built
AVG 1933
2020
Walkscore
AVG 74
82
Data Provided by Walkscore ® not using MLS data