About This Home
This 10-bedroom, 9-bathroom residential multi family at 1250 Edris Dr in Los Angeles, CA is listed for $3,950,000 ($605 per sqft). Built in 2010, the home offers 6,532 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 2010
- 0.17 acre lot
- 2 stories
- 9 parking spaces
Property Details
Amenities
8-unit multifamily investment opportunity located in the highly coveted Pico-Robertson neighborhood of Los Angeles. Approximately 1.5 blocks from the Beverly Hills border and just reduced to $3,950,000. This asset presents a compelling blend of stable in-place income and significant upside as rents on the non-rent-controlled units continue to reposition to market.
Four of the eight units are subject to rent control, providing stable income, while the remaining four are exempt, giving an investor unrestricted upside. ***All units are INDIVIDUALLY WATER-METERED so the tenants pay all of their own utilities, leaving ownership responsible only for trash, house electricity, and house water... a lean expense structure that supports strong in-place cash flow.
Monthly Cost Estimate
$21,125/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1250 Edris Dr
Los Angeles, CA 90035
Property Details
Parking
Heating
Cooling
Appliances
Questions & Answers
This 10-bedroom, 9-bathroom residential multi family at 1250 Edris Dr is listed at $3,950,000 ($605/sqft). The estimated monthly payment is $21,125 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2010, 0.17 acre lot, 2 stories, 9 parking spaces.
This property is listed by Sam Shakerchi and can be reached at 3105250872.