Skip To Content
    Return to Previous Page

    1223 N Edgemont St

    Los Angeles, CA 90029
    • $6,800,000
    • STATUS: Active
    • ON SITE: 2 days
    • ID#: 20-633180
    New On Site 2 Days Ago
    UPDATED: 26 min ago
    $6,800,000
    • 14
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,660
      SQFT
    • $583
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:
    Area:

    School Ratings & Info

    Description

    Take advantage of the tax incentives and purchase 14 brand new, luxurious, NON-RENT CONTROLLED Townhomes in a Qualified Opportunity Zone. Situated in the highly desirable East Hollywood submarket. Each unit has modern interiors with many amenities including: custom Italian style kitchens, quartz countertops, in-unit washer & dryer, modern appliances, deep soaking tubs, Nest Thermostats, secured building and private rooftop decks. Contact listing agent for a showing. Property is approximately 11,660 sq. ft. gross plus a subterranean garage. *Property will be sold "AS IS" condition with a deed restriction preventing it from being converted to condos for 10 years from date of CofO.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T15:43:11.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/110044435
    Print Image

    1223 N Edgemont St Los Angeles, CA 90029

    • Price: $6,800,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 20-633180
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    11,660
    SQFT
    $583
    $/SQFT
    2020
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    Take advantage of the tax incentives and purchase 14 brand new, luxurious, NON-RENT CONTROLLED Townhomes in a Qualified Opportunity Zone. Situated in the highly desirable East Hollywood submarket. Each unit has modern interiors with many amenities including: custom Italian style kitchens, quartz countertops, in-unit washer & dryer, modern appliances, deep soaking tubs, Nest Thermostats, secured building and private rooftop decks. Contact listing agent for a showing. Property is approximately 11,660 sq. ft. gross plus a subterranean garage. *Property will be sold "AS IS" condition with a deed restriction preventing it from being converted to condos for 10 years from date of CofO.
    Exterior Features

    Lot Size Area 9001 Other Structures None Parking Garage Covered Parking Total Parking 13

    Interior Features

    Baths Total 27.00 Cooling Air Conditioning Equipment FreezerDishwasherMicrowave Heating Central

    Property Features

    Assessed Total Value 103306 Gross Income 439320 Gross Operating Income 439320 Like Units1 3 Like Units2 4 Like Units3 4 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 289775.00 Number Of Buildings 1 Number Of Units 14 Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 136365 Type Of Units Townhomes Water Heaters YN Yes Year Built Source Builder Zoning Lar3

    Listing provided courtesy of Paul Schon DRE#01847860 of Schon Tepler Realty, Inc.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T15:43:11.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-633180-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-633180-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-633180-2.jpg
    Logo
    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355