3044 Edgehill Drive

Los Angeles, CA 90018

  • 0 Bed(s)
  • 0 Bath(s)
  • 7,574 Sqft
  • 8005
    Sqft(Lot)
$1,575,000

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, as well as tremendous upside, offering ±85% in potential untapped rental income, making the jefferson an incredible opportunity for an investor looking to acquire a well-positioned asset at an unbelievable price of $207.95 p/sf!



(8) one-bedroom + one-bath



jefferson park is a historic neighborhood located in the south los angeles region of los angeles, california. situated just south of downtown los angeles, jefferson park is bounded by west adams to the north, leimert park to the south, arlington heights to the west, and the exposition park area to the east. the neighborhood is known for its diverse community, rich cultural heritage, and historic architecture.



as of the latest available data, jefferson park has a population of approximately 14,000 residents. the neighborhood is characterized by its diverse demographic makeup, with residents representing a variety of ethnicities, cultures, and socioeconomic backgrounds. families, young professionals, and artists are drawn to jefferson park for its affordability, sense of community, and convenient location.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49171604

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1929
    • Building Area Total: 7,574

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1838
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 8005

  • Listing Price Information

    • Original List Price: 1,575,000
    • Listing Contract Date: 2025-03-31

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5051033011

  • Garage and Parking

    • Garage Description: Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Postal Code Plus 4: 3226
    • Directions: 3044 Edgehill Dr. Los Angeles, CA 90018
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 96
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/10/2025 @ 13:15

  • MLS: SR25069549
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 7,574 sqft, 8,005 sized lot, and 0 parking. are nearby neighborhoods.