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5063 Edgewood Pl, Los Angeles, CA 90019
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5063 Edgewood Pl Los Angeles, CA 90019

$1,230,000 Sold Price as of 12/16/2020
  • 4 Beds
  • 2 Baths
  • 3,242 Sq.Ft.
Sold
$1,230,000 Sold Price as of 12/16/2020 Refinance Your Mortgage
Map preview of 5063 Edgewood Pl, Los Angeles, CA 90019

Property Overview: 5063 Edgewood Pl Los Angeles, CA has 4 bedrooms, 2 bathrooms, 3,242 living square feet and 3,512 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Classic details & sunlit spaces highlight this Spanish-style VACANT DUPLEX in thriving Mid-City. Set on a recently-landscaped lot, this 1920s property boasts many charming characteristics - original refinished hardwood floors, XL picture windows, coved ceilings, moldings, built-ins, & a decorative fireplace. UPDATES include recessed lighting, Central HVAC w/ Nest, dual pane windows, new paint, & a new sewerline. Both units are 2BR/1BA & feature large Bedrooms & walk-in closets. Lower unit boasts a recently updated Kitchen w/ stainless appliances, granite counters, & wood cabinetry. Includes a 2-car Garage, fenced yard & a Rooftop Patio for entertaining & relaxing. Close to some of LA's best foodie spots, Target, Starbucks, Sprouts, & the Metro Purple Line. If you're looking for a great investment opportunity or would like to live in one unit & rent the other, then this is your perfect chance. Tremendous upside income potential w/ an estimated annual cap rate of 5.1%!

Listed by Simone Poingsett | BRE #01894240 | Redfin
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
3,512
HOA Dues
$0/mo
Year built
1926
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
20652556
City
Los Angeles
County
Los Angeles
Time on Site
1346 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: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.26
  • Gross Scheduled Income: --
  • Net Operating Income: $63,481
  • Gross Operating Income: $76,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5063 Edgewood Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Kitchen, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Laminate, Vinyl
  • Living Room, Entry, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Built-In, Range
Interior Features
  • Recessed Lighting, 2 Staircases
  • Levels: Two
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Features: Landscaped
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5084009015
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: Olympic and Wilshire
View more facts & features

Local Los Angeles Agent

Sale History for 5063 Edgewood Pl

Last sold for $1,230,000 on December 16th, 2020

  • December, 2020

  • Dec 17, 2020

    Date

    Sold

    CRMLS: 20652556

    $1,230,000

    Price

  • Dec 8, 2020

    Date

    Pending

    CRMLS: 20652556

    $1,249,000

    Price

  • Nov 19, 2020

    Date

    Active Under Contract

    CRMLS: 20652556

    $1,249,000

    Price

  • Nov 7, 2020

    Date

    Active

    CRMLS: 20652556

    $1,249,000

    Price

  • December, 2020

  • Dec 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,230,000

    Price

  • September, 2020

  • Sep 20, 2020

    Date

    Canceled

    CRMLS: BB20139444

    $1,299,999

    Price

  • Aug 10, 2020

    Date

    Price Change

    CRMLS: BB20139444

    $1,299,999

    Price

  • Jul 27, 2020

    Date

    Price Change

    CRMLS: BB20139444

    $1,349,000

    Price

  • Jul 15, 2020

    Date

    Active

    CRMLS: BB20139444

    $1,375,000

    Price

  • Listing provided courtesy of CRMLS

    This centrally located duplex in one of LA's hottest communities features the best of old world charm, with today's modernizations. Lower unit delivered vacant and offers gorgeous restored original hardwood floors and recessed lighting throughout. The front of this roomy home features a large living room with a decorative fireplace and an open, adjacent dining room. The kitchen was recently remodeled, with wood cabinetry, tile backsplash, granite countertops, waterproof LVP flooring and stainless steel appliances. The laundry room is right off the kitchen and also has a service sink. The two bedrooms are large, with three walk-in closets. The shared bath has dual vanity is roomy. New double-pane windows throughout, central AC/heat with Nest thermostat, new sewer line. Two private garages, relaxing backyard space, close to the soon-to-be completed Metro Purple Line extension. Freshly painted, completely move-in ready and there is income from the upstairs unit to help with your mortgage.

  • July, 2020

  • Jul 14, 2020

    Date

    Canceled

    CRMLS: 20571882

    $1,499,000

    Price

  • May 14, 2020

    Date

    Active

    CRMLS: 20571882

    $1,499,000

    Price

  • Listing provided courtesy of CRMLS

    This centrally located duplex in one of LA's hottest communities features the best of old world charm, with today's modernizations.Lower unit delivered vacant and offers gorgeous restored original hardwood floors and recessed lighting throughout.The front of this roomy home features a large living room with a decorative fireplace and an open, adjacent dining room.The kitchen was recently remodeled, with wood cabinetry, tile backsplash, granite countertops, waterproof LVP flooring and stainless steel appliances.The laundry room is right off the kitchen and also has a service sink.The two bedrooms are large, with three walk-in closets.The shared bath has dual vanity is roomy.New double-pane windows throughout, central AC/heat with Nest thermostat, new sewer line.Two private garages, relaxing backyard space, close to the soon-to-be completed Metro Purple Line extension. Freshly painted, completely move-in ready and there is income from the upstairs unit to help with your mortgage

  • July, 2018

  • Jul 17, 2018

    Date

    Canceled

    CRMLS: 18329690

    $1,499,000

    Price

  • Jun 29, 2018

    Date

    Active

    CRMLS: 18329690

    $1,499,000

    Price

  • Jun 20, 2018

    Date

    Hold

    CRMLS: 18329690

    $1,499,000

    Price

  • May 31, 2018

    Date

    Pending

    CRMLS: 18329690

    $1,499,000

    Price

  • Apr 25, 2018

    Date

    Price Change

    CRMLS: 18329690

    $1,499,000

    Price

  • Apr 4, 2018

    Date

    Active

    CRMLS: 18329690

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    NOT DISTURB TENANTS: Rare Opportunity to acquire a Duplex in the highly sought after 90019 zip code. 5063 Edgewood Place is a great opportunity for an Owner user. 5063 Edgewood Place has immense upside potential in rents with the right upgrades to each unit.Please contact listing agent for full list of property upgradesFloor Plans:Approx: 1600 sq.ft eachUnit Mix: (2b X 1B) (2b X 1B) All Units Have Been Fully Renovated With Hardwood Floors, Granite Counter tops, Stainless Steel Appliances and Tons of Natural Light. The Rooftop Patio is a great addition for an Owner or Tenant to Enjoy with Family and Friends :NOT DISTURB TENANTS

  • January, 2012

  • Jan 20, 2012

    Date

    Sold (Public Records)

    Public Records

    $626,000

    Price

Show More

Tax History for 5063 Edgewood Pl

Assessed Value (2020): $718,956
Year Land Value Improved Value Assessed Value
2020 $503,041 $215,915 $718,956

Home Value Compared to the Market

This property vs the competition

5063 Edgewood Pl sold on December 16, 2020 for 11.52% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $385.26 per/sqft which puts the price per square foot 46.79% lower than the current median sale per square foot for the city of Los Angeles.

About 5063 Edgewood Pl

Detailed summary of property

5063 Edgewood Pl is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 3,242 living square feet, and sits on an approximately 3,512 square foot lot. 5063 Edgewood Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,230,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 11.52% higher than the current median priced home. Local homes that are currently for sale include 1363 Hauser Blvd, 1405 S Bronson Ave and 1632 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 106 days, 5063 Edgewood Pl has a days on market of 10 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5063 Edgewood Pl Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5063 Edgewood Pl

Public county record property details
Beds
4
Baths
2
Year built
1926
Sq. Ft.
3,242
Lot Size
3,511
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
35
APN
5084-009-015

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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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