Sofia Gurevich
Real Estate & Mortgage Broker | License ID: CA DRE 01249163 I NMLS 287968
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Listed by Raymond Rodriguez • Equity Union
Bought with Austin Muller • Skylight Real Estate Advisors, Inc.
Bought with Austin Muller • Skylight Real Estate Advisors, Inc.
$ 1,325,000
$ 1,575,000 15.9%
Est. payment /mo
Sold on 06/27/2025
3044 Edgehill Drive Los Angeles, CA 90018
7,574 SqFt
UPDATED:
Key Details
Sold Price $1,325,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 7,574 sqft
Price per Sqft $174
MLS Listing ID CRSR25069549
Sold Date 06/27/25
HOA Y/N No
Year Built 1929
Lot Size 8,005 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
We are proud to present The Jefferson, a value-added multifamily investment opportunity located in Jefferson Park, Los Angeles, at 3044 Edgehill Dr. This architecturally charming apartment complex is comprised of (8) spacious apartment units in one two-story building with curb appeal offered at an attractive cost per pound of $196,875 per unit and $207.95 per square foot. The building is constructed of a wood frame with a flat roof and stucco exterior. The development of the building was completed in 1929 and encompassed an impressive ±7,574 building square feet situated on one parcel totaling ±8,005 square feet. Zoning is LARD1.5. The updated apartment units are large and consist of (8) one-bedroom + one-bath units, offering two points of entry. Each unit is individually metered for gas and electricity, along with individual hot water heaters, further lowering utility costs. In the last several years, the property systems have been upgraded, and the property offers a newer roof and copper plumbing. The building is accessible from the front of the property off Edgehill Dr., and the property provides 7 covered onsite parking spaces that have yet to be monetized. Though certain upgrades have been made, there is still a considerable amount of value-add to unlock at the property, a
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other
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Sofia Gurevich
Real Estate & Mortgage Broker | License ID: CA DRE 01249163 I NMLS 287968