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3530 Edgehill Dr, Los Angeles, CA 90018
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3530 Edgehill Dr Los Angeles, CA 90018

$1,150,000 Sold Price as of 11/08/2023
  • 4 Beds
  • 4 Baths
  • 1,842 Sq.Ft.
Sold
$1,150,000 Sold Price as of 11/08/2023 Refinance Your Mortgage
Map preview of 3530 Edgehill Dr, Los Angeles, CA 90018

Property Overview: 3530 Edgehill Dr Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,842 living square feet and 7,327 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A tremendously rare opportunity to acquire a fully vacant 4 Unit property in a designated Opportunity Zone within the city of Los Angeles at the border of West Adams and Jefferson Park neighborhood. This one-story multifamily property totals 1,842 SF in size with a good mix of 2 bedroom and 2 studio units, all vacant and in rent ready condition for immediate occupancy. The entire corner lot size is 7,352sf in size, zoned LA-RD2, and comes with one attached garage and a separate detached garage that can be converted into an ADU in the future. Strong short & long term rental location in Jefferson Park & West Adams near tons of major new developments and the Metro Expo Line. This one won't last!

Listed by Brian Noh | BRE #01438155 | Nohco Real Estate
Last checked: 10 minutes ago | Last updated: February 25th, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
7,327
HOA Dues
$0/mo
Year built
1951
Garage
3 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC23111158
City
Los Angeles
County
Los Angeles
Time on Site
311 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: 12.09
  • Gross Scheduled Income: $97,200
  • Net Operating Income: $70,054
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,202
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 3530 Edgehill Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, See Remarks, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile, Wood
  • All Bedrooms Down, Kitchen, Living Room, See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Garage, See Remarks
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above
  • Total # of Units: 4
  • Parcel Number: 5044008038
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Assessment Information
  • Assessments: None, Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: South on Crenshaw, between Jefferson Blvd and 36th St
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 3530 Edgehill Dr

Last leased for $1,600 on January 26th, 2024

  • February, 2024

  • Feb 24, 2024

    Date

    Expired

    CRMLS: 23334319

    $2,600

    Price

  • Nov 23, 2023

    Date

    Active

    CRMLS: 23334319

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Prime Jefferson Park location, just north of Leimert Park. Charming quadruplex with 2 bedroom, 1 bath. Corner property in a quiet neighborhood and nice lined street with lots of open space in the yard and great curb appeal. Centrally located near Expo Metro Line which goes from DTLA to Santa Monica, very close to shopping, parks, coffee shops, and new shopping developments. These updated studio end units offer a harmonious blend of contemporary design and urban convenience. The remodeled bathrooms is a sanctuary of comfort. Indulge in the elegance of modern fixtures, pristine tiles, and a seamless design that transforms your daily routine into a peaceful escape. As you enter the apartment, you'll be welcomed by natural light that illuminates the open living area. With only one shared wall and no one above or below you, your privacy is prioritized, allowing you to enjoy moments of solace whenever you desire. Laundry on premises. Parking is a breeze, as ample street parking options cater to both you and your guests. And if you're a commuter, the proximity to the Metro brings unparalleled convenience to your daily journey. Embrace the allure of urban living while savoring the tranquility of a quiet street in this 2 bedroom, 1 bath apartment. Just west of USC and Exposition Park where you can find world- class museums, educational and sport facilities and entertainment venues. Very close to noted cafes and eateries like CAFE/5, South LA Cafe, and the renowned Harold and Belle's Creole Restaurant. Your next chapter awaits. Schedule a viewing today and make it yours! Section 8 is welcomed.

  • January, 2024

  • Jan 26, 2024

    Date

    Leased

    CRMLS: 23334324

    $1,600

    Price

  • Nov 23, 2023

    Date

    Active

    CRMLS: 23334324

    $1,600

    Price

  • Listing provided courtesy of CRMLS

    Prime Jefferson Park location, just north of Leimert Park. Charming studio with full bath. Corner property in a quiet neighborhood and nice lined street with lots of open space in the yard and great curb appeal. Centrally located near Expo Metro Line which goes from DTLA to Santa Monica, very close to shopping, parks, coffee shops, and new shopping developments. This updated studio end units offer a harmonious blend of contemporary design and urban convenience. The remodeled bathrooms is a sanctuary of comfort. Indulge in the elegance of modern fixtures, pristine tiles, and a seamless design that transforms your daily routine into a peaceful escape. As you enter the apartment, you'll be welcomed by natural light that illuminates the open living area. With only one shared wall and no one above or below you, your privacy is prioritized, allowing you to enjoy moments of solace whenever you desire. Laundry on premises. Parking is a breeze, as ample street parking options cater to both you and your guests. And if you're a commuter, the proximity to the Metro brings unparalleled convenience to your daily journey. Embrace the allure of urban living while savoring the tranquility of a quiet street in this studio, 1 bath apartment. Just west of USC and Exposition Park where you can find world- class museums, educational and sport facilities and entertainment venues. Very close to noted cafes and eateries like CAFE/5, South LA Cafe, and the renowned Harold and Belle's Creole Restaurant. Your next chapter awaits. Schedule a viewing today and make it yours! Section 8 is welcomed.

  • November, 2023

  • Nov 8, 2023

    Date

    Sold

    CRMLS: OC23111158

    $1,150,000

    Price

  • Aug 30, 2023

    Date

    Active

    CRMLS: OC23111158

    $1,175,000

    Price

  • February, 2021

  • Feb 9, 2021

    Date

    Canceled

    CRMLS: 20613748

    $1,099

    Price

  • Feb 5, 2021

    Date

    Active

    CRMLS: 20613748

    $1,099

    Price

  • Jan 6, 2021

    Date

    Hold

    CRMLS: 20613748

    $1,099

    Price

  • Dec 25, 2020

    Date

    Active

    CRMLS: 20613748

    $1,099

    Price

  • Nov 25, 2020

    Date

    Hold

    CRMLS: 20613748

    $1,099

    Price

  • Nov 19, 2020

    Date

    Price Change

    CRMLS: 20613748

    $1,099

    Price

  • Oct 20, 2020

    Date

    Price Change

    CRMLS: 20613748

    $1,395

    Price

  • Aug 5, 2020

    Date

    Active

    CRMLS: 20613748

    $1,495

    Price

  • Listing provided courtesy of CRMLS

    Jefferson park updated studio apartment for lease. New hardwood flooring thought out, new stainless steel appliances, ceiling fan and cabinets. Pets okay.

  • March, 2019

  • Mar 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • March, 2019

  • Mar 26, 2019

    Date

    Sold

    CRMLS: SR19042741

    $760,000

    Price

  • Mar 12, 2019

    Date

    Active Under Contract

    CRMLS: SR19042741

    $749,999

    Price

  • Feb 27, 2019

    Date

    Active

    CRMLS: SR19042741

    $749,999

    Price

  • Listing provided courtesy of CRMLS

    Come see this charming quadruplex sitting on a large corner lot with great curb appeal. This home is located in a prime Jefferson Park location, just north of Leimert Park, near the Expo Metro Line which goes from DTLA to Santa Monica. The neighborhood is convenient to restaurants, coffee shops, parks, and new shopping developments, making it the perfect candidate to be added to any investor’s portfolio.

  • November, 2018

  • Nov 9, 2018

    Date

    Canceled

    CRMLS: 18389508

    $799,000

    Price

  • Nov 3, 2018

    Date

    Active Under Contract

    CRMLS: 18389508

    $799,000

    Price

  • Sep 24, 2018

    Date

    Active

    CRMLS: 18389508

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    *Owner/User, Developers and Investor's Delight* Prime Jefferson Park location, just north of Leimert Park. Charming quadruplex to add to Buyer's portfolio "As Is" or tear down and further maximize Value! LARD2 ZONING! 7,328 sf Lot. Build 6-8 Units! Corner property with open space and great curb appeal. Centrally located near Expo Metro Line which goes from DTLA to Santa Monica, very close to shopping, parks, coffee shops, and new shopping developments.

  • April, 2018

  • Apr 10, 2018

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

Show More

Tax History for 3530 Edgehill Dr

Assessed Value (2020): $775,200
Year Land Value Improved Value Assessed Value
2020 $612,000 $163,200 $775,200

Home Value Compared to the Market

This property vs the competition

3530 Edgehill Dr sold on November 8, 2023 for 1.88% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $678.61 per/sqft which puts the price per square foot 14.21% lower than the current median sale per square foot for the city of Los Angeles.

About 3530 Edgehill Dr

Detailed summary of property

3530 Edgehill Dr is a fourplex that recently sold in Los Angeles, CA 90018. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 1,842 living square feet, and sits on an approximately 7,327 square foot lot. 3530 Edgehill Dr was first listed on ArdentRealEstateGroup.com on August 30, 2023. The homeowner sold the property for $1,150,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 1.88% lower than the current median priced home. Local homes that are currently for sale include 3968 Arlington Ave, 1946 S Harcourt Ave and 3815 Don Tomaso Dr. While the average home in Los Angeles, CA is selling in 100 days, 3530 Edgehill Dr has a days on market of 8 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 3530 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 3530 Edgehill Dr

Public county record property details
Beds
4
Baths
4
Year built
--
Sq. Ft.
1,842
Lot Size
7,327
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
55
APN
5044-008-038

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
$995,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$960,000
Median Sold Price/Sq.Ft.
$576
Total Inventory
52
Median Sale to List Price %
98.46%
Avg Days on Market
40
Loan Type
Conventional (0%), FHA (0%), VA (8.33%), Cash (33.33%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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