UNDER CONTRACT
$299K PRICE DROP
4912 Edgewood Place Los Angeles, CA 90019
Miracle Mile NeighborhoodEstimated payment $6,073/month
Total Views
3,181
4
Beds
2
Baths
3,386
Sq Ft
$325
Price per Sq Ft
Highlights
- Spanish Architecture
- Floor Furnace
- 4 Car Garage
- Laundry Room
About This Home
Reduced ANOTHER $100,000—exceptional value in one of Mid-Wilshire’s most desirable neighborhoods. This classic 1929 Spanish-style duplex offers generous scale, solid bones, and endless potential in a location that rarely sees opportunities like this.
Each spacious unit spans over 1,600 square feet and features two bedrooms, one bath, a formal dining room, living room, kitchen, and a dedicated laundry room. The units are stacked with high ceilings and are separately metered for gas and electricity. A standout feature: each unit includes its own oversized 2+ car tandem garage—ideal for parking, storage, or creative use. The private backyard and garden patio provide valuable outdoor space with room to relax, entertain, or landscape to your taste.
Yes, it needs work—but the fundamentals are here, and so is the upside. Whether you’re looking to restore, reimagine, or hold as an income property, this is a rare chance to secure a character-rich asset at a price point that’s increasingly hard to find in this area.
Don’t miss this opportunity—properties like this don’t come around often, and at this price, they don’t last.
Listing Agent
Berkshire Hathaway HomeServices California Properties Brokerage Phone: 949-677-3466 License #01804983 Listed on: 04/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,515
Year Built
- Built in 1929
Lot Details
- 4,025 Sq Ft Lot
- 1 Common Wall
- Lot Sloped Down
Parking
- 4 Car Garage
- Parking Available
Home Design
- Duplex
- Spanish Architecture
- Fixer Upper
Interior Spaces
- 3,386 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Floor Furnace
- Combination Of Heating Systems
- Gravity Heating System
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 471
- Tax Tract Number 4604
- Assessor Parcel Number 5083006018
- $485 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $480
- Insurance Expense $1,200
- Water Sewer Expense $600
- New Taxes Expense $17,280
- Operating Expense $19,785
- Gross Income $52,416
- Net Operating Income $32,631
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,515 | $1,210,000 | $840,000 | $370,000 |
| 2024 | $1,515 | $86,225 | $36,021 | $50,204 |
| 2023 | $1,499 | $84,535 | $35,315 | $49,220 |
| 2022 | $1,448 | $82,878 | $34,623 | $48,255 |
| 2021 | $1,408 | $81,254 | $33,945 | $47,309 |
| 2020 | $1,414 | $80,421 | $33,597 | $46,824 |
| 2019 | $1,375 | $78,845 | $32,939 | $45,906 |
| 2018 | $1,335 | $77,300 | $32,294 | $45,006 |
| 2016 | $1,246 | $74,300 | $31,041 | $43,259 |
| 2015 | $1,232 | $73,185 | $30,575 | $42,610 |
| 2014 | $1,252 | $71,753 | $29,977 | $41,776 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $1,099,999 | -8.3% | $325 / Sq Ft |
| 07/03/2025 07/03/25 | Price Changed | $1,199,999 | -7.6% | $354 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $1,299,000 | -7.1% | $384 / Sq Ft |
| 04/23/2025 04/23/25 | For Sale | $1,399,000 | -- | $413 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25089371
APN: 5083-006-018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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