3025 Edgehill Drive, Los Angeles, California 90018, Los Angeles, 90018 - 6 bed, 6 bath
ACTIVE$1,399,000
3025 Edgehill Drive, Los Angeles, California 90018
6Beds
6Baths
3,162Sqft
8,001Lot
Year Built
1944
Close
-
List price
$1.4M
Original List price
$1.5M
Price/Sqft
$442
HOA
-
Days on market
-
Sold On
-
MLS number
SR24139563
Home ConditionFair
Features
ViewNeighborhood
About this home
We found 3 Cons,5 Pros. Rank: price - $1.40M(85th), sqft - 3162(77th), beds - 6(85th), baths - 6(92th).
*** TRI PLEX - 3 homes *** IN A VERY DESIRABLE AREA OF MID-CITY LOS ANGELS. 3 UNITS ALL KEPT IN GREAT CONDITION. 1ST UNIT HAS MODERN UPDATED KICTEHN AND BATHROOM AND HAS MANY NEW UPGRADES TROUGH-OUT THE HOME. EXTRA SPACE TO HAVE AN OFFICE AND ADD MORE BEDROOMS. 2ND UNIT HAS BEEN KEPT UP TO ITS ORIGINAL LOOK. IN PRISTINE CONDITION AND LOTS OF SPACE TO ADD MORE ROOMS IF NEEDED. 3RD UNIT IS A HUGE STUDIO AND HAS ROOM TO CONVERT IN TO A 1 BEDROOM IF DESIRED. ITS ALSO SET UP TO ADD A 3RD GAS AND ELECTRIC METER IF DESIRED. PROPERTY HAS GREAT SPACE IN THE BACK YARD FOR ADDITIONAL AREA FOR A WORK SHOP OR EXTRA PARKING OR POSSIBLE EXPANSION. ADD AN ADU AND MAKE IT A 4 TO 5 PLEX or DEVELOP A MULTI UNIT BUILDING JUST LIKE EVERYONE ELSE. !!!! Ea unit 2bed 2bath
Nearby schools
3/10
Sixth Avenue Elementary School
Public,•K-5•0.4mi
5/10
Virginia Road Elementary School
Public,•K-5•0.5mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.9mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.1mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•1.2mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.1mi
2/10
Audubon Middle School
Public,•6-8•1.2mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.9mi
5/10
Foshay Learning Center
Public,•K-12•1.5mi
4/10
Los Angeles Senior High School
Public,•9-12•2.1mi
4/10
West Adams Preparatory High School
Public,•9-12•2.5mi
Price History
Date
Event
Price
08/04/08
Sold
$465,000
Condition Rating
Fair
The property, built in 1944, presents a mixed condition across its three units. While one unit boasts a modern updated kitchen with flat-panel cabinets, stainless steel appliances, and contemporary finishes, another unit retains its 'original look' with dated features such as honey oak-style cabinets, tile countertops, older appliances, and a dated bathroom with a pedestal sink and pink walls. The presence of multiple window AC units suggests a lack of central cooling. Although the property is described as 'kept in great condition' and 'pristine' for the original unit, indicating functionality and maintenance, the significant disparity in modernization and the overall age of the infrastructure mean it requires minor to moderate updates to achieve a consistent, contemporary standard across all units. It is functional but shows clear signs of being outdated in parts, fitting the 'Fair' category.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex, explicitly categorized as 'Residential Income,' offering immediate rental revenue potential for investors or owner-occupiers.
Significant Development Potential: The large 8,001 sqft lot and property description highlight opportunities to add an ADU, convert to a 4-5 plex, or develop a multi-unit building, maximizing future value.
Prime Mid-City Los Angeles Location: Situated in a 'very desirable area of Mid-City Los Angeles,' ensuring strong rental demand and potential for appreciation.
Well-Maintained & Partially Upgraded Units: All three units are described as 'kept in great condition,' with the first unit featuring a 'modern updated kitchen and bathroom' and 'many new upgrades,' reducing immediate capital expenditure for a buyer.
Flexible Unit Layouts & Expansion Space: Units offer flexibility for adding rooms or converting spaces (e.g., studio to 1-bedroom), and the backyard provides 'great space' for a workshop, extra parking, or further expansion.
Cons
Age of Property: Built in 1944, the property's age may imply potential for older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades not explicitly mentioned as completed across all units.
Recent Price Reduction: The list price has been reduced from $1.499M to $1.399M, which could indicate initial overpricing or market resistance, potentially signaling a need for a quicker sale.
Varying Unit Modernization: While one unit is explicitly 'modern updated,' another is 'kept up to its original look,' suggesting that not all units may offer the same level of contemporary finishes, potentially requiring future investment to maximize rental income across the board.