5073 Edgewood Place

Los Angeles, CA 90019

$1,499,000
Price
6
Beds
4
Baths
3,138 Sq. Ft.
$478 / Sq. Ft.
3,138
Sq. Ft.
$478
per Sq. Ft.

Description

Stunning and sleek renovated and remodeled duplex (owners turned into four units and all units are rented) in prime Hancock Park location. Fully occupied. Amazing investment property. Possibility of one unit to be vacant at COE. Seller is willing to carry up to $1MM for 3 years @ 5.5%. Each unit is custom built with designer finishes throughout and welcomes you into the gorgeous entryways w soaring ceilings, open floor plans, & natural light pouring in thru the windows. Each unit has a single level...Stunning and sleek renovated and remodeled duplex (owners turned into four units and all units are rented) in prime Hancock Park location. Fully occupied. Amazing investment property. Possibility of one unit to be vacant at COE. Seller is willing to carry up to $1MM for 3 years @ 5.5%. Each unit is custom built with designer finishes throughout and welcomes you into the gorgeous entryways w soaring ceilings, open floor plans, & natural light pouring in thru the windows. Each unit has a single level floor plan featuring living rooms that lead to the all new chefs kitchens with stainless steel appliances, farmhouse sink, & stone countertops. Spacious breakfast areas plus beautiful cabinetry finish off the kitchen. Generous sized bedrooms w high ceilings & designer bathrooms with double vanities. Finishes in these custom renovated units include wide-plank laminate wood flooring, recessed lighting throughout, newer central A/C units and central heat on the NEST, keyless entry controlled by an app, and more. Tankless water heaters and LED lighting help save energy for this efficient building as well. Freshly painted exterior w convenient detached 2-car garage and driveway. Common laundry room and outdoor space with bbq. Plenty of street parking, this one has it all!
  1. Listed by Victoria Cruz • DRE #01887799 • Brokerage DRE #01342342 • Equity Union
  2. Listed by Raffi Tal • DRE #01840066 • Century 21 Peak

Property Details for 5073 Edgewood Place

Water Front
None
Zoning
LAR2
Style
Contemporary Mediterranean
Parcel Number
5084009026
Total Units
4.0
Living Area
3138
Source Living Area
Assessor
Area
Hancock Park-Wilshire

Location

Listing Courtesy of Equity Union, Victoria Cruz, DRE #01887799; Century 21 Peak, Raffi Tal, DRE #01840066
Add your commute
LISTING UPDATED: 04/25/2024 11:18 AM

Property Details for 5073 Edgewood Place

StatusActive
MLS #23-335211
Days on Market156
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.09 AC / 3,984 SF
CountyLos Angeles County

Location

Listing Courtesy of Equity Union, Victoria Cruz, DRE #01887799; Century 21 Peak, Raffi Tal, DRE #01840066
Add your commute

Building Information for 5073 Edgewood Place

Stories2Residences-Year Built1935Building Size-Lot Size0.09 AC / 3,984 SF

Payment Calculator

$9,680 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,181

Property Taxes

$1,499

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5073 Edgewood Place

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 4
  • View: Yes
  • View Description: Walk Street, Tree Top, City
  • View: City Lights
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Direction Faces: South
  • Property Condition: Updated/Remodeled
  • Sewer: In Street
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $111,600
  • Net Operating Income: $88,106.00
  • Gross Income: $111,600
  • Cap Rate: 5.50%
  • Gross Rent Multiplier: $111,600.00
  • Owner Pays: Gas, Water
  • Total Annual Expense: 23494
Land / Lot Info
Land / Lot Info
  • Alley: No
  • Lot Acreage: 0.0926
  • Lot Size Square Feet: 3984
Parking Details
Parking Details
  • Parking Garage: Driveway, Detached, Garage - 2 Car
  • Total Parking: 4
  • Covered Parking: 2
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 2
  • Parking Features: Driveway, Garage - Two Door
  • Attached Garage: No
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Laminate, Tile
  • Equipment: Dishwasher, Microwave, Refrigerator, Range/Oven, Garbage Disposal, Built-Ins
  • Interior Features: Built-Ins
  • Room Kitchen Features: Stone Counters, Remodeled Kitchen
  • Kitchen Features: Stone Counters, Remodeled
  • Room Bathroom Features: Remodeled, Shower, Vanity area
  • Bathroom Features: Remodeled, Shower Stall, Double Vanity(s)
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Attached
  • Cooking Appliances: Microwave, Oven-Gas, Built-Ins
  • Laundry: Community, Laundry Area, Room, In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Patio Features: Balcony, Patio Open, Porch, Porch - Front
  • Entry Location: Living Room
  • Windows: Screens
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structural Features: High Ceilings (9 Feet+), Custom Built
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-28-2023
  • Tenant Pays: Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $34,800.00
  • Unit Projected Rent: $34,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: Yes
  • Unit Rent: $3,100.00
  • Unit Actual Rent: $37,200.00
  • Unit Projected Rent: $37,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: Yes
  • Unit Rent: $1,900.00
  • Unit Actual Rent: $22,800.00
  • Unit Projected Rent: $22,800.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $21,600.00
  • Unit Projected Rent: $21,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Carpet: 0
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Leased: 4
  • Number Patio: 2
  • Number Range: 4
  • Number Refrigerator: 4
  • Number Water Meters: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $306,000.00
  • Assessed Improvement Percent: 26.09
  • Assessed Land Value: $867,000.00
  • Assessed Land Percent: 73.91
  • Assessed Total Value: $1,173,000.00

Property History for 5073 Edgewood Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5073 Edgewood Place

Taxable ValueLand$882,300Additions$586,500Total$1,468,800
Tax Record2023$17,984 ($1,499 / month)
Home Facts
Total Finished SqFt3,138 SqFtAbove Grade Finished SqFt3,138 SqFtLot Size4,034 SqFtStyleDuplexYear Built1935ZoningLAR2CountyLOS ANGELESAPN5084-009-026

Schools near 5073 Edgewood Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Wilshire Crest Elementary School
PublicK to 5

Los Angeles Senior High School
Public9 to 12

City Language Immersion Charter (CLIC)
CharterK to 5

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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5073 Edgewood Place is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on November 27, 2023 by Equity Union, it's currently listed at $1,499,000. It has been on the market for a total of 156 days and was last sold on June 11, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Wilshire Crest Elementary School, Girls Academic Leadership Academy, Dr. Michelle King School For Sci, Tech, Eng And Math and Los Angeles Senior High School. 5073 Edgewood Place is a 6-bed, 4-bath, 3,138 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Equity Union, Victoria Cruz, DRE #01887799; Century 21 Peak, Raffi Tal, DRE #01840066

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.