Sold
950 Edgecliffe Drive
Los Angeles CA, 90026
$4,930,000
$399.03 per sqft
Sold
12,355 sqft
Residential
Built in 1985
Listed by Daniel Portillo with eXp Realty of California, Inc. (888) 584-9427
An excellent 12 unit non-rent control building, located on a cul-de-sac and adjacent a wonderful park, and has a great walking score just minutes from the thriving-sought after Silver Lake Sunset Blvd neighborhood! It consist of Two 3BR-2BA units, Two 2BR-2BA units, Six 2BR-1BA units & Two 1BR-1BA units. Units have central air and heat & some units have balconies. The building has controlled gated parking area, lobby, and common laundry facility. This is an attractive Value-Add Opportunity to increase rents through Capital Improvements & Unit Renovations. Tons of upside potential on rents in a very strong market. It is also centrally located with easy commutes to Downtown LA, Hollywood & easily accessible to major freeways. Don't miss out on this excellent investment opportunity offering at 14.61 GRM and 4.03 cap.
P1-11097
MLSⓇ ID
August 31, 2022
Listed
March 23, 2024
Updated
Map
950 Edgecliffe Drive
Los Angeles CA, 90026
Interior Features
Appliances
Free-Standing Range
Laundry Description
Common Area
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.27 Acres
Lot Features
Sprinklers None
Sewer
Public Sewer
Other Property Details
Area Name
C21 - Silver Lake - Echo Park
Days on Market
7
Garage
No
Parking
Assigned, Controlled Entrance, Covered
Parking Total
19
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2%
Listing Contact: (888) 584-9427
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 3/23/2024 at 1:40 AM UTC