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2867-2873 Edgehill Dr
Los Angeles, CA 90018 West Adams

$2,595,000 USD

Apartments For Sale • 6,120 SF

Property Details

Property Type Apartments
Total Building Size 6,120 SF
Lot Size 0.32 AC
Building Class C
Year Built 1923
Cap Rate 6.36 %
Zoning LAR3

50 Transit Score

76 Walk Score

                
                    Highlights
                
                                Compelling day-one cash flow and attractive value metrics
                            
                                Attractive financing options for investors seeking leverage & competitive rates
                            
                                7 of 12 units renovated
                            
                                Pro-forma cap rate of approximately ±7.75% at proven rents, offering material upside
                            
                                All units are equipped with individual hot water heaters (7 units feature new tankless systems)
                            
                                Units are separately metered for electricity. 11 of 12 units are sub-metered for gas

Financial Summary (Actual)

Net Operating Income: $165,136 USD (2026)

Cap Rate:	6.36 %
Total Expenses:	$78,242 USD

Amenities

Air Conditioning
Laundry Facilities
Hardwood Floors
Oven
Walk-In Closets
Pantry

Public Transportation

Commuter Rail	Drive	Walk	Distance
	12 min	-	7.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	15 min	-	7.4 mi
Transit/Subway	Drive	Walk	Distance
Expo/Crenshaw (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Los Angeles International	18 min	-	9.2 mi
Bob Hope	27 min	-	15.1 mi
Long Beach (Daugherty Field)	34 min	-	23.5 mi

Raymond A. Rodriguez IV Lucrum Real Estate Group | Equity Union

2867-2873 Edgehill Dr Los Angeles, CA 90018 West Adams