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Property Description

We are pleased to offer for sale a five-unit apartment building located at 1425 Edgecliffe Drive in Los Angeles, CA. The subject property is located just south of Sunset Boulevard in one of the most vibrant pockets of Silver Lake. Nestled in Silver Lake and just steps away from Sunset Triangle and Sunset Junction, 1425 Edgecliffe offers tenants a plethora of shops, eateries, bars and coffee shops. Silver Lake remains a hub of cultural vibrancy; the area stands out not only for its desirability but also for the significant rent growth over the past 10 years. Silver Lake has persisted as one of L.A’s most desirable neighborhoods. Situated on a 7,355 square foot parcel, the property comprises of one, one-bedroom unit and four two-bedroom units. New ownership can potentially add an Additional Dwelling Unit (ADU) to maximize income and appreciation potential.The property’s irreplaceable location near Sunset Boulevard coupled with the value-add potential and recent improvements, make 1425 Edgecliffe an excellent acquisition opportunity for investors.

Features
2
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Additional Information
Marcus & Millichap
0
CLW-C107850
CLW-X7515101
Sean
5427015021
: Standard
Multi/Split,Two
32

Multi-Family For Sale

1425 Edgecliffe Drive, Los Angeles, California 90026

3,379 Sqft
$1,875,000
Listing ID #24389003
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24389003
Price : $1,875,000
Living Area : 3,379 Sqft
Lot Size : 7,355 Sqft
Year Built : 1921
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90026
Price Per Square Foot : $555
ModificationTimestamp : 2024-05-15 05:15:18
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