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961 E Edgeware Rd, Los Angeles, CA 90026
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961 E Edgeware Rd Los Angeles, CA 90026

$1,550,000
  • 8 Beds
  • 5 Baths
  • 3,377 Sq.Ft.
For Sale
$1,550,000 Get Pre-Qualified
Map preview of 961 E Edgeware Rd, Los Angeles, CA 90026

Property Overview: 961 E Edgeware Rd Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,377 living square feet and 7,911 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover urban living at its finest in this meticulously maintained and thoughtfully upgraded 4-unit gem that exudes pride of ownership at every turn. Nestled within the coveted neighborhood of Angelino Heights. This rare find is tucked away on a tranquil street, yet centrally located amidst the vibrant pulse of city life. 961 East Edgeware offers the best of both worlds. This great property offers the savvy investor plenty of upside while also being perfectly suited for an owner-user seeking both a residence and an investment. 961 East Edgeware presents an ideal opportunity to live in one unit while effortlessly generating income from the others. Imagine the convenience of residing in the meticulously upgraded, second-floor, 2 bed/1 bath unit (DELIVERED VACANT) while capitalizing on rental income from the remaining dwellings. Boasting proximity to iconic landmarks like Echo Park Lake and Dodger Stadium, as well as a delightful array of culinary delights, coffee havens, and boutique finds, convenience is simply a stroll away. Seize the chance to own a piece of Angelino Heights charm, where serenity meets urban allure and every convenience is within reach. Don't miss your chance to make this exceptional property your new home or to add this rare opportunity to your investment portfolio!

Listed by Richard Wilkinson | BRE #01812487 | Compass
Last checked: 7 minutes ago | Last updated: May 19th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
7,911
HOA Dues
$0/mo
Year built
1977
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24388105
City
Los Angeles
County
Los Angeles
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,660
  • Total Rent: $1,660
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,460
  • Total Rent: $1,460
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,152
  • Total Rent: $3,152
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 961 E Edgeware Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door, Concrete
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5405018017
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Consult Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 961 E Edgeware Rd

Last sold on March 29th, 2017

  • May, 2024

  • May 4, 2024

    Date

    Active

    CRMLS: 24388105

    $1,550,000

    Price

  • March, 2017

  • Mar 29, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2016

  • Oct 11, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 961 E Edgeware Rd

Assessed Value (2020): $1,194,658
Year Land Value Improved Value Assessed Value
2020 $742,845 $451,813 $1,194,658

Home Value Compared to the Market

This property vs the competition

961 E Edgeware Rd is listed 24% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $458.99 per/sqft which puts the price per square foot 40.93% lower than the median price per square foot for the city of Los Angeles.

About 961 E Edgeware Rd

Detailed summary of property

961 E Edgeware Rd is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 8 bedrooms, 5 bathrooms, roughly 3,377 living square feet, and sits on an approximately 7,911 square foot lot. 961 E Edgeware Rd was first listed on ArdentRealEstateGroup.com on May 4, 2024. The homeowner is currently asking $1,550,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 24% higher than the median priced home. Local competing homes currently for sale include 1922 Lake Shore Ave, 1309 N Coronado St and 2226 Branden St. While the average home in Los Angeles, CA is selling in 92 days, 961 E Edgeware Rd has a days on market of 9 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 961 E Edgeware Rd Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 961 E Edgeware Rd

Public county record property details
Beds
8
Baths
4
Year built
1977
Sq. Ft.
3,377
Lot Size
7,908
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5405-018-017

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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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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