158 N Edgemont St - FRONT DUPLEX PLUS ADU, AMPLE PARKING SPACES

3 Unit Apartment Building Offered at $2,139,463 CAD at a 5.83% Cap Rate in Los Angeles, CA 90004

EXECUTIVE SUMMARY

100% LEASED, RENTS ARE COMING IN LIKE CLOCK WORK!! TENANTS PAY ALL UTILITIES, INCLUDING WATER, TRASH, INSURANCE, ELECTRICITY, GAS. **DUPLEX WITH ADU. ** TOTAL 3 UNITS. ** FULLY REMODELED, NEW COPPER PIPES, NEW ELECTRICAL, NEW FLOORING, NEW LIGHTS, NEW APPLIANCES, NEW TANKLESS WATER HEATER, EV CHARGING STATIONS, AMPLE PARKING SPACES. NO EXPENSES SPARED, WATERPROOF PLANKS, QUARTZ COUNTER TOPS, HIGH-END CUSTOM CABINETRY. NEAR NO MAINTENANCE EXPENSES, EASY TO MAINTAIN AND HOLD. BRING YOUR 1031 EXCHANGES HERE!! ABSOLUTELY BEAUTIFUL UNITS. RING DOOR BELLS, SEPARATE BUILDING FOR ADU RECENTLY BUILT IN 2024. QUIET NEIGHBORS. THIS ONE WILL SELL FAST!! DON'T MISS OUT!!!

PROPERTY FACTS

Price $2,139,463 CAD
Price Per Unit $713,154 CAD
Sale Type Investment
Cap Rate 5.83%
Gross Rent Multiplier 13.87
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.12 AC
Building Size 2,624 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1936/2024
Parking Ratio 3.05/1,000 SF
Opportunity Zone Yes

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Security System
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Dining Room
  • Double Pane Windows
  • Instant Hot Water
  • Patio
  • Porch
  • Smoke Free
  • Window Coverings

SITE AMENITIES

  • Laundry Facilities
  • Gas Range
  • Trash Pickup - Curbside
  • Car Charging Station
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $3,283 CAD 512
3+2 2 $5,138 CAD 1,200
Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (71)

ZONING

Zoning Code LAR3 (LAR3)
  • Listing ID: 35220552

  • Date on Market: 2025-03-21

  • Last Updated:

  • Address: 158 N Edgemont St, Los Angeles, CA 90004