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2900 Edgehill Dr Los Angeles, CA 90018

$1,330,000 Sold Price as of 06/29/2021

6 Beds
6 Baths
3,384 Sq.Ft.

Sold

$1,330,000 Sold Price as of 06/29/2021 Refinance Your Mortgage

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Map preview of 2900 Edgehill Dr, Los Angeles, CA 90018

Property Overview: 2900 Edgehill Dr Los Angeles, CA has 6 bedrooms, 6 bathrooms, 3,384 living square feet and 9,616 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stylish 1920's Spanish style bungalow six-plex in rapidly gentrifying historic West Adams/Jefferson Park area. Situated on a quiet tree-lined residential street, the property consists of two separate Triplex's. Each Triplex brimming with character showcases (3) 1bed 1bath units, fully occupied. Each unit features hardwood floors, kitchen with quaint nook area, spacious living room, bedroom with bathroom. Each unit is separately metered, parking for six cars and three newly remodeled units. This property is a great value in a great neighborhood with large rental upside. Easy access to the 10 freeway, walking distance to Metro Expo & Crenshaw providing easy commute to both Downtown and West L.A. Close to restaurants, bars and cafes such as Highly Likely, Party Beer, Home State.

Listed by Patrick Crane | BRE #01911599 | L.A. Property Solutions, Inc.

Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft: 9,616
HOA Dues: $0/mo
Year built: 1926
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21733034
City: Los Angeles
County: Los Angeles
Time on Site: 1097 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 6
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $616
Total Rent: $616
Pro Forma/Market Rent: $1,750

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $678
Total Rent: $678
Pro Forma/Market Rent: $1,750

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,700
Total Rent: $1,700
Pro Forma/Market Rent: $1,750

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,700
Total Rent: $1,700
Pro Forma/Market Rent: $1,750

Unit Breakdown 5

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,610
Total Rent: $1,610
Pro Forma/Market Rent: $1,750

Unit Breakdown 6

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $592
Total Rent: $592
Pro Forma/Market Rent: $1,750

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 10
Gross Scheduled Income: --
Net Operating Income: $57,883
Gross Operating Income: $82,775

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 2900 Edgehill Dr

Interior Features

Kitchen Information

Has Appliances
Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Assigned

Property Information

Total # of Units: 6
Parcel Number: 5051024010
Architectural Style: Spanish

Location / Neighborhood

Location Information

Directions: 10 Fwy, Arlington Exit Southbound, Right on Adams, Left on Edgehill

View more facts & features

Local Los Angeles Agent

Sale History for 2900 Edgehill Dr

Last sold for $1,330,000 on June 29th, 2021

July, 2021
Jul 1, 2021

Date

Sold

CRMLS: 21733034

$1,330,000

Price
Jun 1, 2021

Date

Active Under Contract

CRMLS: 21733034

$1,249,000

Price
May 18, 2021

Date

Active

CRMLS: 21733034

$1,249,000

Price
August, 2020
Aug 7, 2020

Date

Canceled

CRMLS: 20578850

$1,210,000

Price
Jul 29, 2020

Date

Price Change

CRMLS: 20578850

$1,210,000

Price
Jul 3, 2020

Date

Price Change

CRMLS: 20578850

$1,220,000

Price
Jun 9, 2020

Date

Price Change

CRMLS: 20578850

$1,229,000

Price
May 26, 2020

Date

Active Under Contract

CRMLS: 20578850

$1,249,000

Price
May 14, 2020

Date

Active

CRMLS: 20578850

$1,249,000

Price
Listing provided courtesy of CRMLS

Charming 1920's Spanish style bungalow six-plex in rapidly gentrifying historic West Adams/Jefferson Park area. Situated on a quiet tree-lined residential street, the property consists of two separate Triplex's. Each Triplex brimming with character has (3) 1bed 1bath units, fully occupied. Six car parking, three newly remodeled units, newer roof on one building, newly painted exterior, and modern landscaping. This property is a great value in a great neighborhood with large rental upside. Easy access to the 10 freeway, walking distance to Metro Expo & Crenshaw providing easy commute to both Downtown and West L.A. Close to restaurants and cafes such as Highly Likely. One unit that was rented at $1700.00 will be DELIVERED VACANT

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July, 2018
Jul 16, 2018

Date

Sold

CRMLS: 18329298

$1,087,800

Price
May 25, 2018

Date

Active Under Contract

CRMLS: 18329298

$1,000,000

Price
May 10, 2018

Date

Price Change

CRMLS: 18329298

$1,000,000

Price
May 3, 2018

Date

Price Change

CRMLS: 18329298

$1,099,000

Price
Apr 3, 2018

Date

Active

CRMLS: 18329298

$1,165,000

Price
Listing provided courtesy of CRMLS

Centrally located in charming Jefferson Park on a quiet tree-lined street. The property consists of two detached buildings. Each detached Triplex consists of three 1bed 1bath units and is currently fully occupied. Six car parking, Three newly remodeled units, new roof on one building, newly painted exterior, and new landscaping. This property is a great value in a great neighborhood with large rental upside. Brokers and agents see private remarks for showing info.

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July, 2018
Jul 13, 2018

Date

Sold (Public Records)

Public Records

$1,088,000

Price
October, 2015
Oct 20, 2015

Date

Sold (Public Records)

Public Records

$645,000

Price

Tax History for 2900 Edgehill Dr

Assessed Value (2020): $1,109,556

Year	Land Value	Improved Value	Assessed Value
2020	$816,000	$293,556	$1,109,556

Home Value Compared to the Market

This property vs the competition

2900 Edgehill Dr sold on June 29, 2021 for 4.96% higher 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 $369.09 per/sqft which puts the price per square foot 51.11% lower than the current median sale per square foot for the city of Los Angeles.

About 2900 Edgehill Dr

Detailed summary of property

2900 Edgehill Dr is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 3,384 living square feet, and sits on an approximately 9,616 square foot lot. 2900 Edgehill Dr was first listed on ArdentRealEstateGroup.com on May 18, 2021. The homeowner sold the property for $1,330,000. 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 4.96% higher than the current median priced home. Local homes that are currently for sale include 2242 W 29th St, 2219 Obama Blvd and 1510 S Bronson Ave. While the average home in Los Angeles, CA is selling in 92 days, 2900 Edgehill Dr has a days on market of 11 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 2900 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 2900 Edgehill Dr

Public county record property details

Beds: 6
Baths: 6
Year built: 1926
Sq. Ft.: 3,384
Lot Size: 9,599
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 5051-024-010

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

Median Sale to List Price %

105.67%

Avg Days on Market

Loan Type

Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Thinking of Selling?
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(714) 706-1823

Homes for Sale Near 2900 Edgehill Dr

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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.