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1st Class Real Estate Mavericks

1stclassmavericks@gmail.com +1(760) 973-2550

$1,000,000

Est. payment - /mo

7 Beds

5 Baths

4,175 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,175 sqft

Price per Sqft $239

MLS Listing ID 26838691

Bedrooms 7

Construction Status Fixer

HOA Y/N No

Year Built 1941

Lot Size 5,000 Sqft

Property Description

5607 Edgemar Avenue is a mid-century, wood frame stucco apartment complex, located in the highly sought after, Windsor Hills neighborhood. This 4,175 square foot building is situated on a 4,999 square foot lot and boasts amazing views from some of the upper units. Currently, the 2-bedroom units are rented at below market rates. Two of the one-bedroom units are vacant and the other is occupied by a tenant who, was acting as a manager. The building is in need of significant repairs and upgrades. Upon completion, the property should generate well over $10,000 per month. Additionally, there are five garages in the rear, off the alley, which may provide an opportunity to add ADU's. This is an add-value project which will attract a tremendous amount of interest, due to its superior location and future income potential. Please make offers subject to inspection. Showings with accepted offers only.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LCR3YY

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 5

Private Pool No

Building

Story 2

Entry Level Multi/Split

Sewer Sewer Tap Paid

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5008016005

Financing Cash,Conventional

Special Listing Condition Standard

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Listed by Jerome McAlpin McAlpin & Company #00939725

Nearby Locations

1st Class Real Estate Mavericks

Brokerage | License ID: 02245942

+1(760) 973-2550 | 1stclassmavericks@gmail.com

5607 Edgemar AVE Los Angeles, CA 90043

1st Class Real Estate Mavericks

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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