Back on Market- no fault to the property. One unit vacant and property appraised for $1,625,000. Built in 1925 and situated in the heart of Angelino Heights HPOZ, this triplex delivers the rare combination of historic character and investment potential; three character filled 2-bedroom, 1-bathroom units- all with in-unit laundry, private outdoor spaces, hardwood floors, original built-ins, and west-facing views of the hills. Updates and upgrades include: roof, window, plumbing, and electrical upgrades, and newer appliances. The two leased units are currently below market at $3,700 and $3,400 per month, with upside potential as leases turn. The top unit (delivered vacant)lives like its own house and has an estimated $4,000 rent per month for a combined monthly income of $11,100. For the owner-user, the value proposition is equally strong: live in the top unit and let the bottom two help service the debt. Steps from Echo Park Lake and minutes from Sunset Boulevard, Angelino Heights HPOZ status ensures the neighborhood's character is protected for the long term. Full inspection reports and disclosures available with a counter offer. Property recently appraised at $1,625,000. The buyer completed every inspection and report, then had to cancel at no fault of the property. You inherit all the due diligence, none of the uncertainty, and a seller ready to move. Easy to show with 24-hour notice.
How many bedrooms does this multi-family home have?
There are 6 bedrooms in this multi-family home at 1120 W Edgeware Road.
How does 1120 W Edgeware Road compare to other multi-family homes in Angelino Heights?
This multi-family home is listed 42% below the average price for multi-family homes in Angelino Heights and has been on the market for 27 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,636 sqft.
1120 W Edgeware Road is a 6-bedroom multi-family home for sale in Los Angeles CA 90026. Available on Prevu for 30 days at $1,499,000. This property features 2,636 square feet of living space, located in Angelino Heights. The median listing price for multi-family homes in this area is $2,100,000. Additional amenities include dishwasher and washer/dryer. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.