MarketPier

1173 N Edgemont Street - Los Angeles, CA 90029

$1,499,900
Listing Description

1173 N. Edgemont Street is a beautiful 4 unit multifamily investment opportunity with tremendous upside. Nestled between Sunset Blvd and Santa Monica Blvd and walking distance to shopping, dining and entertaining it is only minutes away from LA City Community College, Sunset Gower Studios, Children Hospital Los Angeles, CHA Hollywood Presbyterian Hospital, Silver Lake, Los Feliz and countless other local attractions. All units are currently well below market rent and have been modestly updated allowing for a potential 57% upside in rents! Additionally, given the zoning, location and lot size the property has great development potential for a new apartment building. Schedule a private showing today!

Listing Information
MLS Number
SR19273452
APN/Parcel ID
5540027019
Type
Multifamily
Sub Type
Multifamily
Building Size
3,141 sqft
Lot Size
8,252 sqft
Price / SQFT
$478
No Units
4
Price / Unit
$374,975
Gross Scheduled Income
$4,171
Listing Date
11/30/2019
Days Active
11
Last Updated
12/12/2019
Listing Provided By
James Rodriguez
Intero Real Estate Services
BRE# 01828020

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