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    1223 N Edgemont Street

    Los Angeles (City), CA 90029
    • $6,800,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: 20633180
    UPDATED: 75 min ago
    $6,800,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-23T22:29:49.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/110045845
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    1223 N Edgemont Street Los Angeles (City), CA 90029

    • Price: $6,800,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: 20633180
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    2020
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - 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 Dimensions 50X180 Lot Size Units Square Feet Parking Features Covered Parking YN Yes

    Interior Features

    Appliances DishwasherMicrowave Appliances YN Yes Heating Central Heating YN Yes

    Property Features

    Country Us Gross Income 439320.00 Gross Multiplier 15.50 Gross Operating Income 439320.00 Net Operating Income 289775.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 136365.00 Vacancy Allowance Rate 100.00 Zoning Lar3

    Listing provided courtesy of Paul Schon of Schon Tepler Realty, Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-23T22:29:49.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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