3417 Edgehill Drive, Los Angeles, CA 90018
Property · 2 recorded sales since 2017
Sold March 2021
Listing Agent: Sonia Ramirez (DRE #02031080) · Listing Office: Alta Mira Realty, Inc. · Contact: 949-252-9999 · Bought with: Paul Fisher · Compass · MLS #PW20091672 · Source: CRMLS
About this property
MID CITY NEW CONSTRUCTION OVER 6% CAP RATE!*!*! Here's the opportunity you've been searching for! A luxury multi-unit quadplex with above average market cap rate, fully leased cash flowing $14,000 a month in a great mid-city LA location. This is truly a turn key, rock solid investment in uncertain times. The 2020 luxury units include two duplexes. Front duplex has TWO 3 bedroom & 2 bath units in an up and down configuration. The back duplex boasts TWO 4 bedrooms and 3 bathrooms in a townhouse style side-by-side, 3 story high configuration with attached tandem garages. The modern esthetic is enhanced by clean lines and trendy finishes. Each unit has luxe laminate flooring for easy maintenance and durability. Interior configurations were designed with the way people are sharing spaces today and into the future. Kitchens boast bold backsplash design and soft close white shaker cabinets. Metal finishes and recessed lighting are present throughout the space. The designer color palette of greys and whites and a full suite of appliance in each unit appeal to everyone's taste and make units rent for premiums in the area. Property is located just off of Jefferson Blvd and is adjacent to all local transportation hubs. Only a short 2 miles from USC, this location is ideal to access all of what LA has to offer. Located in one of the hottest markets in LA, you need to see them for yourself.
Listing description from the March 2021 sale, as reported to CRMLS.
Sale history
