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$2,350,000   Price Analysis
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5612 Edgemar Ave
Park Hills Heights, CA 90043
7 bed 6 bath 4,468 SqFt ($525/SqFt)
0.28 acre lot. Built 1952
Listed 2024-06-27, Taxes $10,141
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Fantastic opportunity to invest in Windsor Hills!

This 5-unit multi-family property features a 3-bedroom front house, four 1-bedroom units behind and on-site laundry facilities. A long driveway leads to four garages in the rear, providing ample off-street parking. The property generates strong current rental income with significant future upside.

Located off Slauson Avenue, in between the 405 and 110 freeways, this proper ty offers easy access to LAX, DTLA, the Westside and numerous beaches. Nerby attractions include Westfield Culver City shopping center, SoFi Stadium, YouTube Theater, Exposition Park and so much more.


Presented by Dennis Chernov at
The Agency.
Listing Agent Photo

Property MLS #SR24129364 from CRMLS

Bedrooms: 7

Laundry Features: Common Area

Full Bathrooms: 6

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.2814
Lot Size Source: Assessor
Lot Size Square Feet: 12259

Garage Spaces: 4
Parking Total: 4

Number of Units: 5
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 3

Rent Control: Yes

Community Features: Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3750.00
Area: PHHT - Park Hills Heights
Source Neighborhood: PHHT - Park Hills Heights
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 5
Parcel Number: 5008016015
Postal Code Plus 4: 2802
Trash Expense: 300.00
Zoning: LCR3YY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$204,710 + $409,431
$614,141
$10,141
2021$200,697 + $401,403
$602,100
$10,047
2020$198,640 + $397,288
$595,928
$10,106
2019$194,746 + $389,499
$584,245
$9,794
2018$190,928 + $381,862
$572,790
$9,606
2017$187,185 + $374,375
$561,560
$9,406
2016$183,515 + $367,035
$550,550
$9,187
2015$180,759 + $361,522
$542,281
$9,066
2014$177,219 + $354,441
$531,660
$9,084
2013$176,419 + $352,840
$529,259
$9,008
2012$172,960 + $345,922
$518,882
$9,053
2010$169,569 + $339,140
$508,709
$8,753
2009$168,702 + $337,406
$506,108
$8,451
2009$168,302 + $336,606
$504,908
$8,451
2008$165,395 + $330,791
$496,186
$8,154
2007$162,152 + $324,305
$486,457
$9,015

Listed 2024-06-27
$2,350,000
CRMLS
Listing removed 2021-06-23
$2,300
TheMLSCLAW
Price Changed for rent 2021-06-20
$2,300
TheMLSCLAW
Listed for rent 2021-06-11
$2,350
TheMLSCLAW
Listing removed 2021-05-15
$0
TheMLSCLAW
Price Changed for rent 2021-04-30
$2,625
TheMLSCLAW
Price Changed for rent 2021-04-08
$2,675
TheMLSCLAW
Listed for rent 2021-03-17
$2,995
TheMLSCLAW
Listing removed 2018-10-19
$2,450
CRISNET
Listing removed 2018-06-19
$1,500,000
TheMLSCLAW
Relisted 2018-06-08
$1,500,000
TheMLSCLAW
Listing removed 2018-05-30
$1,500,000
TheMLSCLAW
Listed 2018-03-29
$1,500,000
TheMLSCLAW
Listing removed 2017-07-26
$2,450
CRISNET
Listed for rent 2017-07-19
$2,450
CRISNET
Listing removed 2015-12-08
$1,450
TheMLSCLAW
Listed for rent 2015-12-01
$1,450
TheMLSCLAW
Listing removed 2015-11-25
$1,450
TheMLSCLAW
Listed for rent 2015-11-18
$1,450
TheMLSCLAW
Sold 2002-11-21
$450,000
ITECH
Listed 2002-04-11
$450,000
ITECH
Sold 2000-09-21
$315,000
Public Record
Listing removed 1997-11-01
$439,000
ITECH
Listed 1997-06-03
$439,000
ITECH
Sold 1977-03-04
$80,000
Public Record

Net Operating Income: 69636.00

Total Square Feet Living: 4468
Year Built: 1952
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Ground Level with Steps
Property Age: 72
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1089.00
Water Source: Public

Fifty-Fourth Street Elementary School is a public elementary school located approximately 0.4 miles away.
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Crenshaw Science, Technology, Engineering, Math And Medicine Magnet is a public high school located approximately 1.4 miles away.
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Audubon Middle School is a public middle school located approximately 1.8 miles away.
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Ivie League Christian Preschool is a private elementary school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.