Listing Courtesy Of:
Shield CRE, Inc., 310-593-9869, Jonathan Nikfarjam
Listing Sold By:
Shield CRE, Inc.
Local Realty Services Provided By:
Keller Williams Realty Larchmont
Overview
What It'll Cost
Neighborhood
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2867 EDGEHILL DR, LOS ANGELES, CA 90018
12 Beds
12 Baths
Undisclosed Price
2867 EDGEHILL DR, LOS ANGELES, CA 90018
12 Beds
12 Baths
Sold
Sold
Open House:
(Local time)
Property Description
Approximately 40% in Rental Upside - Pro-Forma Cap Rate of 6.98% & Pro-Forma GRM of 10.24 | 4.28% Current Cap Rate & 14.37 Current GRM | Located in the Rapidly Gentrifying & Revitalized Jefferson Park Neighborhood of Los Angeles | Large 13,808-Square Foot Lot - Zoned LAR3 Which Presents Strong Development Potential | Twelve Bungalow-Style 1-Bedroom/1-Bathroom Units | Located a Half-Mile from the Expo/Crenshaw Line Station & 1.5 Miles from the Baldwin Hills Crenshaw Plaza Mall with Proposed $1 Billion in Redevelopment & Renovations | Upgraded Electrical & Upgraded Plumbing to Majority Copper (Buyer to Verify) | Gated Building and Water-Efficient Plants & Landscaping | Close Proximity to USC, USC Village, Banc of California Stadium & LA Memorial Coliseum | On-Site Laundry Facility - Generates Additional Annual Income
Property Details
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Overview
Property Type
Residential Income
Property Size
Year Built
1923
Days on Site
1,194 Days
Parking
Yes
Concierge
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Activity History
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SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
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Purchase Price:
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Transit & Commute
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Car-Dependent
Walkable
Very Walkable
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