3876 Edgehill Drive, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 3 bath

3876 Edgehill Drive, Los Angeles, California 90008 home-pic-0
ACTIVE$1,399,000
3876 Edgehill Drive, Los Angeles, California 90008
3Beds
3Baths
1,554Sqft
5,854Lot
Year Built
1941
Close
-
List price
$1.4M
Original List price
$1.57M
Price/Sqft
$900
HOA
-
Days on market
-
Sold On
-
MLS number
OC25061910
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 38% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.40M(61th), sqft - 1554(23th), beds - 3(50th), baths - 3(51th).

This warm and inviting 3 bed, 2.5 bath home is full of charm, character, and incredible potential. With a detached two-car garage offering additional space for a possible ADU, it presents an excellent opportunity for added income or guest accommodations. The home is currently a successful Airbnb with the potential to generate over $10,000 per month, making it a fantastic option for investors or those looking to offset living costs. Step inside to a beautifully remodeled open floor plan that’s perfect for entertaining. The cozy living room seamlessly flows into an upgraded kitchen featuring barstool seating around a spacious island, recessed lighting, crown molding, and tasteful finishes throughout. The kitchen is a true showstopper, complete with new stainless steel appliances—including a dishwasher, stove/oven, microwave, and refrigerator—a stylish barn sink, modern fixtures, new cabinets, and stunning marble countertops. Both bathrooms have been thoughtfully updated with new faucets and designer touches, while the brand-new flooring throughout gives the entire home a clean, natural look that complements any style. Outside, a long gated driveway offers ample parking and leads to the detached garage with a newer door. The extended fencing adds extra privacy, making the outdoor space just as comfortable and functional as the inside. Whether you’re looking for your next home or a high-performing income property, this beautifully updated residence offers flexibility, function, and warmth in every detail.

Nearby schools

2/10
Tom Bradley Global Awareness Magnet School
Public,K-50.5mi
2/10
Forty-Second Street Elementary School
Public,K-50.8mi
2/10
Coliseum Street Elementary School
Public,K-50.8mi
3/10
Sixth Avenue Elementary School
Public,K-50.9mi
3/10
Hillcrest Drive Elementary School
Public,K-51.0mi
4/10
Birdielee V. Bright Elementary School
Public,K-51.2mi
2/10
Fifty-Fourth Street Elementary School
Public,K-51.7mi
2/10
Audubon Middle School
Public,6-80.4mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-81.9mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-121.2mi
5/10
Foshay Learning Center
Public,K-121.4mi

Price History

Date
Event
Price
09/09/22
Sold
$1,093,500
09/08/22
Sold
$1,035,000
Condition Rating
Excellent

This property, built in 1941, has undergone a recent and extensive renovation, bringing it to a virtually new condition. The description explicitly states a 'beautifully remodeled open floor plan,' an 'upgraded kitchen' with 'new stainless steel appliances,' 'modern fixtures,' 'new cabinets,' and 'stunning marble countertops.' Both bathrooms are 'thoughtfully updated with new faucets and designer touches,' and there is 'brand-new flooring throughout.' The images confirm a contemporary, high-quality kitchen with modern appliances and finishes, and fresh, updated living spaces. A visible tankless water heater also indicates modern system upgrades. Despite the original build year, the comprehensive and high-quality updates align with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

High Income Potential: Currently a successful Airbnb with the potential to generate over $10,000 per month, offering significant income for investors or to offset living costs.
ADU Potential: A detached two-car garage provides additional space for a possible Accessory Dwelling Unit (ADU), offering future income or guest accommodation opportunities.
Extensive Modern Remodel: Features a beautifully remodeled open floor plan, a fully upgraded kitchen with new stainless steel appliances, marble countertops, and new cabinets, along with thoughtfully updated bathrooms and brand-new flooring throughout.
Ample Gated Parking & Privacy: A long gated driveway offers ample off-street parking, complemented by extended fencing that enhances privacy for the outdoor space.
Charming & Inviting Atmosphere: Described as a warm and inviting home full of charm and character, suggesting a pleasant and aesthetically pleasing living environment.

Cons

Significant Overpricing: The listing price of $1.399M is substantially higher than the estimated property value of $866,601.50, indicating a potential disconnect with current market valuations and recent comparable sales.
Lack of Central HVAC: The property description does not mention a central heating or cooling system, which could be a drawback for comfort, especially in Los Angeles' climate, and is present in several comparable properties.
Potential for Older Infrastructure: Built in 1941, while cosmetically updated, the description does not explicitly detail updates to major systems like plumbing, electrical (beyond visible fixtures), or the roof, which could imply potential future maintenance or replacement costs.

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