Image 2 for 3028 Edgehill Dr, Los Angeles, CA 90018

View Photos

3028 Edgehill Dr Los Angeles, CA 90018

$1,500,000 Sold Price as of 05/28/2021

8 Beds
8 Baths
4,334 Sq.Ft.

Sold

$1,500,000 Sold Price as of 05/28/2021 Refinance Your Mortgage

Refinance Your Mortgage

Map preview of 3028 Edgehill Dr, Los Angeles, CA 90018

Property Overview: 3028 Edgehill Dr Los Angeles, CA has 8 bedrooms, 8 bathrooms, 4,334 living square feet and 8,005 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present this 4-unit apartment building located in the Jefferson Park area of Los Angeles. This very well-maintained 4,334 sqft building is situated on a 8,005 sqft lot, and consist of (4) 2bed/2bath units. All units have recently been updated, including double pane windows, laminate flooring, bathrooms, kitchen counter tops, and appliances. Two units will be delivered vacant and move in ready, making it extremely easy for the new owner to immediately be able to obtain market rents. The rear portion of the property includes a shared paid laundry room, as well as a large rear parking area including 4 outdoor individual spots + 5 garages.

Listed by John Stiegler II | BRE #01981597 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Stephen Takahashi | BRE #01944770 | Lyon Stahl Investment Real Estate, Inc.

Last checked: 14 minutes ago | Last updated: December 20th, 2023 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft: 8,005
HOA Dues: $0/mo
Year built: 1928
Garage: 5 Car
Property Type:: Multi Family

Status: Sold
MLS#: SB21082297
City: Los Angeles
County: Los Angeles
Time on Site: 1102 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1
# of Leased Units: 4
# of Electric Meters: 4
# of Gas Meters: 4
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,200
Total Rent: $2,200
Pro Forma/Market Rent: $2,500

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,000
Total Rent: $2,000
Pro Forma/Market Rent: $2,400

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,500
Total Rent: $2,500
Pro Forma/Market Rent: $2,500

Unit Breakdown 4

# of Units: 1
# of Beds: 2
# of Baths: 2
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,400
Total Rent: $2,400
Pro Forma/Market Rent: $2,400

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 5.16%
Gross Rent Multiplier: 13.66
Gross Scheduled Income: $109,200
Net Operating Income: $77,202
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $105,924
Electric: $800
Gas/Fuel: $800
New Taxes: $18,438
Trash: $800
Gardener: $1,200
Insurance: $1,517
Maintenance: $4,368
Water/Sewer: $800

Property Details for 3028 Edgehill Dr

Interior Features

Laundry Information

Has Laundry
Common Area

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 5
# of Parking Spaces: 9
Has Parking
Parking Features: Parking Space

Lot Information

Lot Features: 2-5 Units/Acre
Lot Size Source: Assessor
Common Interest: Community Apartment

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 4
Parcel Number: 5051033008
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Southbound of the 10 Freeway and Westbound of Western Ave

Neighborhood Information

Community Features: Curbs, Sidewalks, Storm Drains

View more facts & features

Local Los Angeles Agent

Sale History for 3028 Edgehill Dr

Last sold for $1,500,000 on May 28th, 2021

June, 2021
Jun 1, 2021

Date

Sold

CRMLS: SB21082297

$1,500,000

Price
Apr 28, 2021

Date

Pending

CRMLS: SB21082297

$1,475,000

Price
Apr 19, 2021

Date

Active

CRMLS: SB21082297

$1,475,000

Price
May, 2021
May 16, 2021

Date

Canceled

CRMLS: 21720568

$2,250

Price
Apr 19, 2021

Date

Price Change

CRMLS: 21720568

$2,250

Price
Apr 18, 2021

Date

Active

CRMLS: 21720568

$2,200

Price
Listing provided courtesy of CRMLS

Welcome Home!!! Come see this home updated and ready for you to move in. This will not last long....so come apply soon! Remodeled granite counter top in the kitchen. New carpet and double pane windows throughout. Spacious master bedroom with mirror glass doors. Laundry facility on site, 2 Car parking spaces, Close to major freeways, Downtown LA, the building is a remote-controlled gate, Unit is on the first floor of the building.

Continue Reading
April, 2021
Apr 8, 2021

Date

Canceled

CRMLS: 21678824

$1,549,000

Price
Apr 7, 2021

Date

Withdrawn

CRMLS: 21678824

$1,549,000

Price
Mar 17, 2021

Date

Active

CRMLS: 21678824

$1,549,000

Price
Jan 29, 2021

Date

Active Under Contract

CRMLS: 21678824

$1,549,000

Price
Jan 12, 2021

Date

Active

CRMLS: 21678824

$1,549,000

Price
Listing provided courtesy of CRMLS

Renovated and well-maintained 4-unit apartment building in the heart of Jefferson Park. This building is perfect for both an owner-user or a savvy investor as two units can be delivered vacant while the other two units collect $2,000 and $2,200 each in rent. Projected total rent for all four units is $8,750/month. Each unit is 2BR/2BA with two units upstairs and the other two downstairs. Gated from the street with separate laundry room with paid washer and dryer, 4 parking spaces and 5 garage spaces in the rear of the property. Located on a quiet street just moments away from the best of Jefferson Park and West Adams as well as the 10 freeway, the Crenshaw Metro line, USC, Downtown LA, Koreatown and much more. A great opportunity to invest in one of LA's most promising neighborhoods.

Continue Reading
March, 2021
Mar 14, 2021

Date

Canceled

CRMLS: 21705114

$2,200

Price
Mar 13, 2021

Date

Active

CRMLS: 21705114

$2,200

Price
Listing provided courtesy of CRMLS

Welcome Home!!! Come see this home updated and ready for you to move in. This will not last long....so come apply soon! Remodeled granite counter top in the kitchen. New carpet and double pane windows throughout. Spacious master bedroom with mirror glass doors. Laundry facility on site, 2 Car parking spaces, Close to major freeways, Downtown LA, the building is a remote-controlled gate, Unit is on the first floor of the building.

Continue Reading
January, 2021
Jan 14, 2021

Date

Canceled

CRMLS: 20663346

$2,350

Price
Nov 24, 2020

Date

Active

CRMLS: 20663346

$2,350

Price
Listing provided courtesy of CRMLS

Welcome to west Adams on Mid city 4 unit apartment. Very well maintained building with safety gated. 2bedrooms and 2 Bath and 1 assigned parking and 1 garage. Granite kitchen counter top and new gas range oven. Laminate wood floor and 2 bedrooms are carpet. Laundry room in rear unit in parking lot with share other tenants. Easy to access 10,110 freeway and near by k-town with restaurants. Close to USC, DTLA, Beverly hills, Holly wood. Quite and very good location !

Continue Reading
December, 2020
Dec 22, 2020

Date

Canceled

CRMLS: SB20229068

$1,549,000

Price
Dec 18, 2020

Date

Withdrawn

CRMLS: SB20229068

$1,549,000

Price
Dec 1, 2020

Date

Price Change

CRMLS: SB20229068

$1,549,000

Price
Oct 30, 2020

Date

Active

CRMLS: SB20229068

$1,600,000

Price
Listing provided courtesy of CRMLS

Solid $51K price reduction for this clean West Adams 4Plex at 3028 Edgehill Drive, LA 90018 let's make a deal before year-end. Two units can also be delivered vacant at closing now. Seller performed a major renovation in 2015 so the property is very well-maintained. Featuring a fantastic unit mix with four 2 Bd 1.75 Bath units, and each unit is large with approx. 1,056sf/unit (4,334 total SF). The vacant units make this a great owner-user deal especially in Covid times, or it gives an investor the ability to quickly rent those two units at market rate. Once vacant units are rented, Proforma Gross Income: $9,000/Mth; $108,000/Yr. At the reduced price, the property is priced at: $387K/unit; a 14.34 current GRM; a 13.45 market GRM; a 4.82% current CAP; a 5.27% market CAP, and $357/SF. There's a large rear parking area with 4 individual spaces + 5 garages. There is a laundry room with a paid washer & dryer for the tenants’ use. Well-located on the border of two of LA’s hottest submarkets, West Adams & Jefferson Park. Nicely tucked away on a quiet residential street, but also just east of Crenshaw & north of Jefferson Blvd & only minutes from the 10 Freeway for easily commuting. The property is only 0.6M (10-minute walk) from the Crenshaw/Expo metro station & only a 2.6M metro ride to USC/DTLA for easy carless commuting. This property’s central location truly puts you at the heart of LA with equally easy access to Downtown; Culver City/West LA & K-Town/Hollywood!

Continue Reading
December, 2019
Dec 24, 2019

Date

Leased

CRMLS: 19535572

$2,100

Price
Dec 11, 2019

Date

Active

CRMLS: 19535572

$2,100

Price
Listing provided courtesy of CRMLS

Welcome Home!!! Come see this home updated and ready for you to move in. This will not last long....so come apply soon! Remodeled granite counter top in the kitchen. New carpet and double pane windows throughout. Spacious master bedroom with mirror glass doors. Laundry facility on site, 2 Car parking spaces, Close to major freeways, Downtown LA, the building is a remote-controlled gate, Unit is on the first floor of the building.

Continue Reading
April, 2019
Apr 30, 2019

Date

Leased

CRMLS: 19458182

$2,000

Price
Apr 24, 2019

Date

Pending

CRMLS: 19458182

$2,000

Price
Apr 23, 2019

Date

Active

CRMLS: 19458182

$2,000

Price
Listing provided courtesy of CRMLS

Recently Renovated 4Plex On A Quiet Street On Edgehill Dr inJefferson Park. 2 bedrooms and 2 bathrooms, first fl unit. Approx 1000 sqft. Laminant floors in living room & hallway and carpets in the bedrooms. Spacious kitchen with newer refrigerator and stove. 2 full bathrooms - one with a shower and one with a bathtub. 2 parking spaces - one space in detached garage. Communal laundry. Close to the 10 freeway, downtown LA, USC, Shrine Auditorium, many museums, and more. No Smoking. Pet Deposit $500.Tenant Criteria:No Eviction HistoryGood CreditVerifiable Income - min 3 times the monthly rent.

Continue Reading
August, 2018
Aug 10, 2018

Date

Leased

CRMLS: 18366948

$2,100

Price
Jul 20, 2018

Date

Active

CRMLS: 18366948

$2,100

Price
Listing provided courtesy of CRMLS

Recently Renovated 4Plex On A Quiet Street On Edgehill Dr inJefferson Park. All units have 2 bedrooms and 2 bathrooms. Hardwood floors in common areas and carpets in the bedrooms. Spacious kitchen with new refrigerator and stove. 2 full bathrooms - one with a shower and one with a bathtub. 2 parking spaces - one space in detached garage. Communal laundry. Close to the 10 freeway, downtown LA, USC, Shrine Auditorium, many museums, and more. No Smoking. Pet Deposit $500.

Continue Reading
March, 2018
Mar 22, 2018

Date

Leased

CRMLS: 18322568

$1,875

Price
Mar 13, 2018

Date

Active

CRMLS: 18322568

$1,950

Price
Listing provided courtesy of CRMLS

Fully Remodeled 2 Bedrooms and 2 Bathrooms. 2 Parking Spaces. Laundry room. Small Pets Okay. Please TEXT or E-MAIL Listing Agent ( Do NOT CALL)Showing available at 10AM~4PM (Monday~Friday Only) NO EXCEPTION

Continue Reading
August, 2015
Aug 10, 2015

Date

Sold (Public Records)

Public Records

$945,000

Price

Tax History for 3028 Edgehill Dr

Assessed Value (2020): $1,081,834

Year	Land Value	Improved Value	Assessed Value
2020	$716,027	$365,807	$1,081,834

Home Value Compared to the Market

This property vs the competition

3028 Edgehill Dr sold on May 28, 2021 for 23.95% 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 $340.33 per/sqft which puts the price per square foot 54.92% lower than the current median sale per square foot for the city of Los Angeles.

About 3028 Edgehill Dr

Detailed summary of property

3028 Edgehill Dr is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 4,334 living square feet, and sits on an approximately 8,005 square foot lot. 3028 Edgehill Dr was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,500,000. 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 23.95% higher than the current median priced home. Local homes that are currently for sale include 1722 Crenshaw Blvd, 4526 St Elmo Dr and 4516 St Charles Pl. While the average home in Los Angeles, CA is selling in 92 days, 3028 Edgehill Dr has a days on market of 7 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 3028 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 3028 Edgehill Dr

Public county record property details

Beds: 8
Baths: 8
Year built: 1928
Sq. Ft.: 4,334
Lot Size: 8,005
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5051-033-008

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.

$684

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%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 3028 Edgehill Dr

Nearby Homes for Sale

Recently Sold Homes Near 3028 Edgehill Dr

$1,127,912 Last Sold Price

4 Beds

2 Baths

2592 Sq.Ft.

3034 Edgehill Dr
Los Angeles, CA 90018

$1,385,000 Last Sold Price

4 Beds

2 Baths

2991 Sq.Ft.

3021 11Th Ave
Los Angeles, CA 90018

3014-3016 11th Ave, Los Angeles, CA 90018

$850,000 Last Sold Price

1 Beds

1 Baths

1989 Sq.Ft.

3014-3016 11th Ave
Los Angeles, CA 90018

$1,900,000 Last Sold Price

8 Beds

5 Baths

5366 Sq.Ft.

2924 12th Ave
Los Angeles, CA 90018

Related Resources to 3028 Edgehill Dr

New Listings in 90018

Popular Zip Codes

Popular Cities

Other Los Angeles Resources

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.