$2,595,000

Estimated payment $16,109/month

Total Views 29,580
1 Bed
1 Bath
6,120 Sq Ft
$424 Price per Sq Ft

Highlights

  • Hot Property
  • Laundry Room
  • 1-Story Property
  • 0.32 Acre Lot
  • Rectangular Lot

About This Home

Edgehill Row Bungalows is a garden-style multifamily property located at 2867 Edgehill Dr. in the Jefferson Park neighborhood of Los Angeles. Originally built in 1923, the property consists of 12 one-bedroom, one-bathroom units and features attractive curb appeal, drought-tolerant landscaping, and a well-maintained setting on a quiet residential street. Seven of the twelve units have been renovated. Units feature natural light through French-style doors and windows, hardwood floors, generous closet space, front and rear access, and air conditioning. Renovated units include cedar-lined closets. Units on the west side benefit from additional outdoor space adjacent to rear entries. Each unit includes an individual hot water heater, with seven units equipped with tankless systems. Trash collection is incorporated through the utility structure. A Ratio Utility Billing System (RUBS) for water has been introduced in select units. The property consists of two structures totaling approximately ±6,120 square feet situated on a ±13,808 square-foot LAR3-zoned lot. The buildings are positioned on either side of a central landscaped walkway with tree-lined features and drought-tolerant design. The wood-frame structures include pitched roofs and painted wood siding consistent with early Los Angeles architectural character. An on-site laundry facility is located at the rear of the property and includes two coin-operated washer and dryer sets. The rear portion of the lot includes open space that may allow for future improvements, subject to buyer verification and applicable approvals. All units are sub-metered for electricity and gas, except for one unit that shares gas service with the laundry room. Jefferson Park is a historic South Los Angeles neighborhood known for early 20th-century architecture and tree-lined residential streets. The area offers proximity to Downtown Los Angeles, Mid-Wilshire, Culver City, and West Adams, with access to the 10 and 110 freeways and multiple Metro transit options.

Listing Agent

Raymond A. Rodriguez IV

Equity Union Brokerage Phone: 818-581-5829 License #01402283 Listed on: 02/13/2026

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 0.32 Acre Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • On-Street Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 6,120 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 14 / F
  • Tax Tract Number 4981
  • Assessor Parcel Number 5051011013
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • Operating Expense $78,242
  • Gross Income $250,905
  • Net Operating Income $165,135

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • CapRate: 6.36
  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5051011013
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 424.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 13808.00
  • Lot Size Acres: 0.3170
  • Latitude Manual: 34.02996300

Multi Family

  • Gross Income: 250905.00
  • Gross Multiplier: 10.34
  • Gross Scheduled Income: 250905.00
  • Lot Size Area: 13808.0000 Square Feet
  • Net Operating Income: 165135.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Units Total: 12
  • Operating Expense: 78242.00
  • Rent Control: Yes
  • Total Expenses: 78242.00

Tax Info

  • Tax Block: F
  • Tax Lot: 14
  • Tax Tract Number: 4981

3D Interior and Exterior Tours

Floorplan

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,605 $2,557,511 $1,496,303 $1,061,208
2024 $31,605 $2,507,364 $1,466,964 $1,040,400
2023 $31,012 $2,458,200 $1,438,200 $1,020,000
2022 $26,514 $2,144,402 $1,501,081 $643,321
2021 $26,179 $2,102,356 $1,471,649 $630,707
2019 $25,422 $2,044,800 $1,428,000 $616,800
2018 $25,159 $2,004,800 $1,400,000 $604,800
2017 $20,359 $1,606,500 $1,124,550 $481,950
2016 $19,872 $1,575,000 $1,102,500 $472,500
2015 $2,151 $88,078 $34,449 $53,629
2014 $2,247 $86,354 $33,775 $52,579
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2026 02/13/26 For Sale $2,595,000 +7.7% $424 / Sq Ft
06/22/2022 06/22/22 Sold $2,410,000 -3.6% $394 / Sq Ft View Prior Sale
04/08/2022 04/08/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $2,500,000 +25.0% $408 / Sq Ft
11/29/2017 11/29/17 Sold $2,000,000 -4.8% $327 / Sq Ft View Prior Sale
10/07/2017 10/07/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $2,100,000 +33.3% $343 / Sq Ft
08/15/2015 08/15/15 Sold $1,575,000 +827.0% $257 / Sq Ft View Prior Sale
04/23/2015 04/23/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $169,900 -- $28 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,410,000 Old Republic Title
Grant Deed $2,000,000 Provident Title
Grant Deed $1,575,000 First American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,440,000 New Conventional
Previous Owner $838,750 Commercial
Source: Public Records

About the Listing Agent

Raymond A. Rodriguez IV

Equity Union

(877) 302-7839

Section Image

Since 2003 Ray has specialized in providing investment real estate advisory and sales services to principals who value integrity, excellence, results, peace of mind, and success when selling, operating, and buying investment property in L.A. and Southern California.

Over the past two decades he has built many loyal client relationships by consistently understanding and delivering on their needs. Ray takes pride in actively listening and carefully crafting a tailored strategy for each

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26033499

California Regional Multiple Listing Service (CRMLS)

APN: 5051-011-013

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