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2874 Edgehill Dr, Los Angeles, CA 90018
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2874 Edgehill Dr Los Angeles, CA 90018

$1,010,000 Sold Price as of 05/26/2022
  • 4 Beds
  • 2 Baths
  • 2,376 Sq.Ft.
Sold
$1,010,000 Sold Price as of 05/26/2022 Refinance Your Mortgage
Map preview of 2874 Edgehill Dr, Los Angeles, CA 90018

Property Overview: 2874 Edgehill Dr Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,376 living square feet and 7,880 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment opportunity in historic Jefferson Park. This charming Spanish Duplex features spacious, side-by-side units. Each unit is a 2bed/1bath with original architectural details and built-ins. Large lot with detached garage; possibility to convert to ADU (Zoned LAR3 - check with city for compliance). Perfect for a new owner to further develop and take advantage of value-add potential. Tenants are aware of sale and are cooperative, but please do not disturb - Property will be delivered with current tenants in place in accordance with Los Angeles County RSO.

Listed by Alexander Lerner | BRE #01995931 | Figure 8 Realty
Co-listed by Rebecca Wolfley | BRE #02134026 | Figure 8 Realty
Last checked: 9 minutes ago | Last updated: May 26th, 2022 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
7,880
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22138811
City
Los Angeles
County
Los Angeles
Time on Site
789 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $897
  • Total Rent: $897
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,503
  • Total Rent: $1,503
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2874 Edgehill Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Detached Carport
Property Information
  • Total # of Units: 2
  • Parcel Number: 5051024008
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 2874 Edgehill Dr

Last sold for $1,010,000 on May 26th, 2022

  • May, 2022

  • May 26, 2022

    Date

    Sold

    CRMLS: 22138811

    $1,010,000

    Price

  • Mar 22, 2022

    Date

    Active

    CRMLS: 22138811

    $899,000

    Price

  • May, 2018

  • May 29, 2018

    Date

    Expired

    CRMLS: 315003132

    --

    Price

  • Listing provided courtesy of CRMLS

    Great Investor Or Owner Occ Oppurtunity. Located In The Heart OF LA Within Minutes Away From DTLA And The West Side. Each Unit Offers 2bd/1ba With Dining Room, Bfast Nook And Laundry Area. Spacious Back Yard With A 2 Car Detached Garage.

  • June, 2017

  • Jun 16, 2017

    Date

    Sold (Public Records)

    Public Records

    $615,000

    Price

  • August, 2016

  • Aug 22, 2016

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

Show More

Tax History for 2874 Edgehill Dr

Assessed Value (2020): $652,642
Year Land Value Improved Value Assessed Value
2020 $530,604 $122,038 $652,642

Home Value Compared to the Market

This property vs the competition

2874 Edgehill Dr sold on May 26, 2022 for 24.45% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $378.37 per/sqft which puts the price per square foot 49.89% lower than the current median sale per square foot for the city of Los Angeles.

About 2874 Edgehill Dr

Detailed summary of property

2874 Edgehill Dr is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,376 living square feet, and sits on an approximately 7,880 square foot lot. 2874 Edgehill Dr was first listed on ArdentRealEstateGroup.com on March 22, 2022. The homeowner sold the property for $1,010,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.45% lower than the current median priced home. Local homes that are currently for sale include 4840 Mascot St, 1805 W 35th St and 1272 Queen Anne Pl. While the average home in Los Angeles, CA is selling in 92 days, 2874 Edgehill Dr has a days on market of 34 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2874 Edgehill Dr Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2874 Edgehill Dr

Public county record property details
Beds
4
Baths
2
Year built
1923
Sq. Ft.
2,376
Lot Size
7,880
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5051-024-008

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
52
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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