5073 5075 Edgewood Place

Los Angeles, CA 90019

$1,650,000

List Price

7

bed Beds

5

shower Baths

3,138 sqft

straighten / sqft

1935

calendar_month Built

Property Description

This renovated and remodeled duplex has been transformed into five stylish, custom-designed units, including a newly built detached ADU (one bedroom, one bath), adding even more value to this incredible property. Fully occupied, this income-producing property offers outstanding potential for investors, with the possibility of delivering one unit vacant at COE. The seller is willing to carry up to $1MM for 3 years at 5.5%. Each unit, including the ADU, boasts a spacious, single-level floor plan with soaring ceilings and abundant natural light, creating a bright and welcoming atmosphere. The chef-inspired kitchens are outfitted with stainless steel appliances, farmhouse sinks, stone countertops, and custom cabinetry, perfect for both cooking and entertaining. The generously sized bedrooms offer high ceilings, while the designer bathrooms feature double vanities and sleek finishes. Additional highlights include wide-plank laminate flooring, recessed lighting throughout, newer central A/C and heat (controlled by NEST), and energy-efficient features like tankless water heaters and LED lighting. Smart technology is integrated with keyless entry, all controlled via an app. The freshly painted exterior complements the building's updated aesthetics, ample street parking, and a common laundry room provide added convenience. Enjoy outdoor space with a BBQ area for residents to relax and entertain. With a prime location, chic renovated units, and the addition of a detached ADU, this property offers incredible potential. Don't miss out on this exceptional investment opportunity with the possibility of one unit being delivered vacant if you want! This is a rare find and a must see!

Listing Information

List Price $1,650,000
Status Active
MLS 25492589
Type Residential Income
Year Built 1935
Lot Size 3,984
Structure Size 3,138
Courtesy Of Equity Union
Listing Agent Victoria Cruz DRE#01887799
Co-Listing Agent Raffi Tal DRE#01840066

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 5
Flooring Information
Material Laminate, Tile
Fireplace Information
Features None
Additional Information
Additional Features Balcony
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Features Front Porch, Open, Patio, Porch
View Yes

Maps

Listing information courtesy of: Victoria Cruz, Raffi Tal, Equity Union 310-254-8124. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2025 at 1:03 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.