1185 Edgemont Street , Los Angeles, CA - 90029 is For Sale

  • 23327939
  • 23327939
  • 23327939
  • 23327939
  • 23327939
  • 23327939
  • 23327939
  • 23327939
$1,700,000· Income property

Description

Corner investment property consisting of stand alone 3+2 house with 2 car garage and gated driveway to park additional cars plus a stand alone 4 unit building consisting of 4 1+1 units. Large 9,504 SF Lot Zoned LARD1.5. Huge upside in rental income and lots of potential for a developer to develop into its highest and best use. Close proximity to Metro, 101 Freeway, Hollywood, Downtown, LA City College, several Hospitals and many shops and restaurants. Do not disturb tenants. Inspection with accepted offer only. Property is sold in its As-Is Where Is condition.

Features

MLS#: 23327939
List Price : $1,700,000
Total Units : 5
Gross Operating Income : $71,916
Net Operating Income : $67,569
Sq M : 883 M2
Year Built : 1924
Days on market : 178 Days
Gross taxes : N/A
Address : 1185 Edgemont Street
City : Los Angeles
State : CA
Zip Code : 90029
Neighborhood : N/A
Parking Features : Garage - Two Door, Gated
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $1,700,000
Acres : 0.2183
Lot Size (Acres) : 0.2183
Parking Features : Garage - Two Door, Gated
Security Safety : Gated Community
Cooling : None
Driving Directions : SW Corner of Edgemont and Lexington
 
Courtesy of : Ara S. Der Sarkissian , Sarkis Realty, Inc.

Location

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