3429 Edgehill Drive, Los Angeles, CA 90018
Property · 2 recorded sales since 2018
Sold December 2022
Listing Agent: Jeremy Jurow (DRE #01366710) · Listing Office: JWJ Realty · Contact: 310-617-6356 · Bought with: Allon Shelly · Platinum Realty Group · MLS #22218389 · Source: CRMLS
About this property
OFFERED AT $291/sf!!!! Current Cap Rate is 4.25%. Pro-forma GOI is $139,200. Pro-forma NOI is $111,218. PRO-FORMA CAP IS AT A WHOPPING 8.56%!! (Without even taking into account the ADU potential). This Fantastic Spanish style 4-plex located in Jefferson Park is a perfect investment opportunity with potential to raise current rents and add ADU's. Conveniently next to USC, DTLA, Culver City, West Adams and the Crenshaw/Metro Expo Station. All units are very large 2+1s, separately metered, and each with its own single car garage which can be used for parking and/or storage. Incredibly well landscaped and impeccably maintained. 2 of the 4 units have their own laundry as well as Central HVAC. The buyer is advised to independently verify the accuracy of this information provided. Broker does not guarantee the accuracy of this information provided. Please do not disturb tenants. Property is currently in escrow. We are looking at back-ups and can possibly show with an accepted backup.
Listing description from the December 2022 sale, as reported to CRMLS.
Sale history
