$1,599,000 - 5073 5075 Edgewood Place, Los Angeles

Los Angeles Home Sale

This renovated and remodeled duplex has been transformed into five stylish, custom-designed units, including a newly built detached ADU (one bedroom, one bath), adding even more value to this incredible property. Fully occupied, this income-producing property offers outstanding potential for investors, with the possibility of delivering one unit vacant at COE. The seller is willing to carry up to $1MM for 3 years at 5.5%. Each unit, including the ADU, boasts a spacious, single-level floor plan with soaring ceilings and abundant natural light, creating a bright and welcoming atmosphere. The chef-inspired kitchens are outfitted with stainless steel appliances, farmhouse sinks, stone countertops, and custom cabinetry, perfect for both cooking and entertaining. The generously sized bedrooms offer high ceilings, while the designer bathrooms feature double vanities and sleek finishes. Additional highlights include wide-plank laminate flooring, recessed lighting throughout, newer central A/C and heat (controlled by NEST), and energy-efficient features like tankless water heaters and LED lighting. Smart technology is integrated with keyless entry, all controlled via an app. The freshly painted exterior complements the building's updated aesthetics, ample street parking, and a common laundry room provide added convenience. Enjoy outdoor space with a BBQ area for residents to relax and entertain. With a prime location, chic renovated units, and the addition of a detached ADU, this property offers incredible potential. Don't miss out on this exceptional investment opportunity with the possibility of one unit being delivered vacant if you want! This is a rare find and a must see!