1350 Edgecliffe Drive,Los Angeles, CA 90026
Los Angeles, CA 90026
Description
We are pleased to present 1350 Edgecliffe Avenue, a 13-unit apartment property located in the highly desirable Silver Lake submarket of Los Angeles. First time on the market in 28 years, the property was constructed in 1955 and is situated on an approximately 11,087 square foot lot with roughly 11,676 square feet of rentable space. The unit mix consists of six (6) one-bedroom/one-bath units and seven (7) two-bedroom/one-bath units, offering a strong and balanced layout that appeals to a broad tenant base. The property also provides thirteen (13) off-street parking spaces and has completed its seismic retrofit.1350 Edgecliffe Avenue benefits from its prime Silver Lake location just off Sunset Boulevard, near the heart of the highly sought-after Sunset Junction corridor, placing tenants within immediate reach of popular dining, retail, and entertainment destinations. The property offers convenient connectivity to major employment hubs including Downtown Los Angeles, Hollywood, and Glendale, as well as excellent access to major thoroughfares such as Sunset Boulevard, the US-101, and surrounding arterials, allowing for efficient travel throughout Los Angeles.The property presents a compelling value-add opportunity through significant upside in rents. With its excellent location, strong unit mix, and long-term ownership history, 1350 Edgecliffe Avenue offers investors a unique opportunity to capitalize on both stability and future growth in one of Los Angeles' most vibrant rental markets.
Details
| MLS # | 26853991 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1955 |
| Days On Site | 70 |
| Listing Provided By | Marcus & Millichap | Michael Sterman |
Features
| Bed(s) | 20 |
|---|---|
| Bath(s) | 13 |
| SQ Feet | 11,676 |
| Story(s) | 2 |
| Units | 13 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.25 |
Parking
| Parking Features | Covered |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $3,350,000 low | high Med: $1,699,000 sqft: 11,676 low | high Med: 7,458 $ / sqft: $287 low | high Med: $228 On site: 70 low | high Med: 544 | |
Market Activity 90026
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $3,350,000 low | high Med: $1,699,000 sqft: 11,676 low | high Med: 7,458 $ / sqft: $287 low | high Med: $228 On site: 70 low | high Med: 544 | |