961 East Edgeware Road

Los Angeles, CA 90026

$1,550,000
Price
8
Beds
5
Baths
3,377 Sq. Ft.
$459 / Sq. Ft.
3,377
Sq. Ft.
$459
per Sq. Ft.

Description

Discover urban living at its finest in this meticulously maintained and thoughtfully upgraded 4-unit gem that exudes pride of ownership at every turn. Nestled within the coveted neighborhood of Angelino Heights. This rare find is tucked away on a tranquil street, yet centrally located amidst the vibrant pulse of city life. 961 East Edgeware offers the best of both worlds. This great property offers the savvy investor plenty of upside while also being perfectly suited for an owner-user seeking both...Discover urban living at its finest in this meticulously maintained and thoughtfully upgraded 4-unit gem that exudes pride of ownership at every turn. Nestled within the coveted neighborhood of Angelino Heights. This rare find is tucked away on a tranquil street, yet centrally located amidst the vibrant pulse of city life. 961 East Edgeware offers the best of both worlds. This great property offers the savvy investor plenty of upside while also being perfectly suited for an owner-user seeking both a residence and an investment. 961 East Edgeware presents an ideal opportunity to live in one unit while effortlessly generating income from the others. Imagine the convenience of residing in the meticulously upgraded, second-floor, 2 bed/1 bath unit (DELIVERED VACANT) while capitalizing on rental income from the remaining dwellings. Boasting proximity to iconic landmarks like Echo Park Lake and Dodger Stadium, as well as a delightful array of culinary delights, coffee havens, and boutique finds, convenience is simply a stroll away. Seize the chance to own a piece of Angelino Heights charm, where serenity meets urban allure and every convenience is within reach. Don't miss your chance to make this exceptional property your new home or to add this rare opportunity to your investment portfolio!

Listing Agent

  1. Richard Wilkinson

    Richard Wilkinson

    Listing Agent

    Compass

    DRE #01812487

Property Details for 961 East Edgeware Road

Zoning
LARD2
Parcel Number
5405018017
Total Units
4.0
Living Area
3377
Source Living Area
Assessor
Area
Silver Lake (671)
Vacancy Rate
1
Lot Size Area
7911

Location

Listing Courtesy of Compass, Richard Wilkinson, DRE #01812487
Add your commute
LISTING UPDATED: 05/12/2024 12:01 AM

Property Details for 961 East Edgeware Road

StatusActive
MLS #24-388105
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.18 AC / 7,911 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Richard Wilkinson, DRE #01812487
Add your commute

Building Information for 961 East Edgeware Road

Stories-Residences-Year Built1977Building Size-Lot Size0.18 AC / 7,911 SF

Payment Calculator

$9,767 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,308

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 961 East Edgeware Road

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Rental
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1816
  • Lot Size Square Feet: 7911
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Attached, Driveway - Concrete
  • Total Parking: 0
  • Parking Features: Garage - Two Door, Concrete
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Central Air
  • Cooling Type: Central, Window Unit(s), Wall Unit(s)
  • Heating: Central, Wall Furnace
  • Heating Type: Central, Wall
  • Equipment: Range/Oven, Refrigerator, Dishwasher, Dryer, Washer, Microwave
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 05-04-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,152.00
  • Unit Actual Rent: $3,152.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,660.00
  • Unit Actual Rent: $1,660.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,460.00
  • Unit Actual Rent: $1,460.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $474,093.00
  • Assessed Improvement Percent: 37.78
  • Assessed Land Value: $780,861.00
  • Assessed Land Percent: 62.22
  • Assessed Total Value: $1,254,954.00

Property History for 961 East Edgeware Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 961 East Edgeware Road

Taxable ValueLand$780,861Additions$474,893Total$1,255,754
Tax Record2023$15,693 ($1,308 / month)
Home Facts
Total Finished SqFt3,377 SqFtAbove Grade Finished SqFt3,377 SqFtLot Size7,909 SqFtStyleQuadraplexYear Built1977ZoningLARD2CountyLOS ANGELESAPN5405-018-017

Schools near 961 East Edgeware Road

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Betty Plasencia Elementary School
PublicK to 5

Sal Castro Middle School
Public6 to 8

Belmont Senior High School
Public9 to 12

Miguel Contreras Learning Complex School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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961 East Edgeware Road is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on May 4, 2024 by Compass, it's currently listed at $1,550,000. It has been on the market for a total of 16 days and was last sold on May 13, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Betty Plasencia Elementary School, Sal Castro Middle School and Belmont Senior High School. 961 East Edgeware Road is a 8-bed, 5-bath, 3,377 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Richard Wilkinson, DRE #01812487

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.