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$2,350,000

Beds
Unknown
sq ft
4,468

5612 Edgemar Ave, Los Angeles, CA 90043

5612 Edgemar Ave

Park Hills Heights, CA 90043

  • 6 days on market
Fantastic opportunity to invest in Windsor Hills! This 5-unit multi-family property features a 3-bedroom front house, four 1-bedroom units behind and on-site laundry facilities. A long driveway leads to four garages in the rear, providing ample off-street parking. The property generates strong current rental income with significant future upside. Located off Slauson Avenue, in between the 405 and 110 freeways, this property offers easy access to LAX, DTLA, the Westside and numerous beaches. Nearby attractions include Westfield Culver City shopping center, SoFi Stadium, YouTube Theater, Exposition Park and so much more.

Details

Property type

Mixed Use

Est. home value

$1,226,650

Lot size

0.2814 acres

Price per sq ft

$526

Year built

1952

Price History

06/27/2024
CRMLS

CRMLS #SR24129364

Listed
$2,350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Washington Mutual Bank

Loan start date

February 2007

Original loan amount

$580,000

Est. remaining balance

Not provided

Interest rate

6.03%

Loan type

Commercial

Seller

Dynasty Dynamics Inc

Lender

Earl L Pitkin

Loan start date

November 2002

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

5.99%

Loan type

Commercial

Seller

Dynasty Dynamics Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/03/2024 at 8:40 AM

Listing updated: 06/27/2024 at 12:33 PM

Listed by: Dennis Chernov, The Agency Phone #: (424) 230-3700

MLS: CRMLS #SR24129364

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