1425 Edgecliffe Drive
1425 Edgecliffe Drive
$1,875,000
9
5
3,379
3,379
$555
Description
We are pleased to offer for sale a five-unit apartment building located at 1425 Edgecliffe Drive in Los Angeles, CA. The subject property is located just south of Sunset Boulevard in one of the most vibrant pockets of Silver Lake. Nestled in Silver Lake and just steps away from Sunset Triangle and Sunset Junction, 1425 Edgecliffe offers tenants a plethora of shops, eateries, bars and coffee shops. Silver Lake remains a hub of cultural vibrancy; the area stands out not only for its desirability but...We are pleased to offer for sale a five-unit apartment building located at 1425 Edgecliffe Drive in Los Angeles, CA. The subject property is located just south of Sunset Boulevard in one of the most vibrant pockets of Silver Lake. Nestled in Silver Lake and just steps away from Sunset Triangle and Sunset Junction, 1425 Edgecliffe offers tenants a plethora of shops, eateries, bars and coffee shops. Silver Lake remains a hub of cultural vibrancy; the area stands out not only for its desirability but also for the significant rent growth over the past 10 years. Silver Lake has persisted as one of L. A's most desirable neighborhoods. Situated on a 7,355 square foot parcel, the property comprises of one, one-bedroom unit and four two-bedroom units. New ownership can potentially add an Additional Dwelling Unit (ADU) to maximize income and appreciation potential. The property's irreplaceable location near Sunset Boulevard coupled with the value-add potential and recent improvements, make 1425 Edgecliffe an excellent acquisition opportunity for investors.
Property Details for 1425 Edgecliffe Drive
Zoning
LAR2
Parcel Number5427015021
Total Units5.0
Living Area3379
Source Living AreaAssessor
AreaSilver Lake (671)
Vacancy Rate0
Lot Size Area7355
Location
LISTING UPDATED: 05/15/2024 12:01 AM
Property Details for 1425 Edgecliffe Drive
Status | Active |
---|---|
MLS # | 24-389003 |
Days on Market | 13 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1921 |
Lot Size | 0.17 AC / 7,355 SF |
County | Los Angeles County |
Location
Building Information for 1425 Edgecliffe Drive
Stories2Residences-Year Built1921Building Size-Lot Size0.17 AC / 7,355 SF
Payment Calculator
$11,733 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1425 Edgecliffe Drive
Property History for 1425 Edgecliffe Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1425 Edgecliffe Drive
Taxable ValueLand$918,000Additions$499,800Total$1,417,800
Tax Record2023$18,001 ($1,500 / month)
Home Facts
Total Finished SqFt3,379 SqFtAbove Grade Finished SqFt3,379 SqFtLot Size7,353 SqFtStyleMulti-Family Res (5+ Units)Year Built1921ZoningLAR2CountyLOS ANGELESAPN5427-015-021
Schools near 1425 Edgecliffe Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Micheltorena Street Elementary School PublicK to 5 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Lexington Avenue Primary Center PublicK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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