Property listed by Oakmore Inc, Jeff Selick 310-498-8820
$1,750,000
The Property consists of a 3,943 SF building on a 0.15 acre (6,550 SF) parcel of land. This 5 unit property consists of: (4) 1 bedroom 1 bath units, and (1) 2 bedroom and 1.75 bath unit. The 2 bedroom unit will be delivered vacant to allow a buyer to… Read More move in or capture market rent. In fact, all units are significantly under market, making this a true value add proposition. The Property boasts an outstanding location, mere steps from West Hollywood, two blocks east of Crescent Heights Blvd and a block and a half north of Melrose, one of the trendiest locations in Los Angeles. Nestled just blocks away from the prime strip of the bustling Santa Monica Boulevard, the Property affords excellent proximity to iconic entertainment, dining, and retail establishments. Santa Monica Blvd is a major thoroughfare and boasts several national retailers and artisan stores, providing easy access to neighborhood amenities for the area's residents. The Property boasts a walk score of 95/100, so most errands can be accomplished on foot. Rarely does an investor have the chance to acquire a multi-family property of such distinction in a prime Los Angeles location. 829 N Edinburgh Ave is more than just a property; it's a generational investment opportunity in one of Los Angeles' most desirable neighborhoods. This exclusive offering provides unparalleled potential and long-term appreciation. Don't miss this exclusive opportunity. Read Less
Listing Snapshot
Days Online
68
Last Updated
Square Ft.
3,943
Lot Size
0.15 Acres
Year Built
1938
MLS Number
25628047
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Microwave, Refrigerator
Building
Built in 1938, Living area: 3943.0, 1 building, 2 stories, Levels: Two
Cooling
WallWindowUnits
Heating
ForcedAir
Income
Gross Income: $114,259, Net Operating Income: $73,240
Lot
0.1504 acres
Parking
6 total parking spaces
Taxes
Parcel Number: 5529022029, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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