5607 Edgemar Avenue is a mid-century, wood frame stucco apartment complex, located in the highly sought after, Windsor Hills neighborhood. This 4,175 square foot building is situated on a 4,999 square foot lot and boasts amazing views from some of the upper units. Currently, the 2-bedroom units are rented at… Read More below market rates. Two of the one-bedroom units are vacant and the other is occupied by a tenant who, was acting as a manager. The building is in need of significant repairs and upgrades. Upon completion, the property should generate well over $10,000 per month. Additionally, there are five garages in the rear, off the alley, which may provide an opportunity to add ADU's. This is an add-value project which will attract a tremendous amount of interest, due to its superior location and future income potential. Please make offers subject to inspection. Showings with accepted offers only. Read Less
Courtesy of McAlpin & Company 310-437-4172
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
7
Square Ft.
4,175
Lot Size
0.11 Acres
Year Built
1941
MLS Number
26838691
30 Days Snapshot Of 90043
$1.10M
-2%
(avg) sold price
6
-14%
homes sold
83
+112%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None, None
Building
4,175 sq ft, Built in 1941, Levels: Multi/Split, Mid-Century
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