5558 Edgewood Place, Los Angeles, CA 90019

$3,600,000
10
BD
10
BA
4,537
SqFt
List Price
$3,600,000
Status
Active
MLS#
20565284
Year Built
1925
Bedrooms
10
Bathrooms
10
Living Sq. Ft
4,537
Lot Size
6,250
Days on Market
7
Property Type
Single Family Residential
Style
Mediterranean
Stories
Two Level
Common Walls
Detached/No Common Walls

Property Description

Beautiful two-story Mediterranean estate home in the highly desired Miracle Mile area on a gated lot. Tremendous income potential that is currently generating an average of 18-22K per month from AirBNB with possible projections of 30K or more depending on use. Property has also been rented for entertainment studios, corporate housing and international student housing. This house features outstanding versatility that is a great investment with significant upside for Buyers with a large family or Investors with Airbnb, group home, assistant living or clean and sober aspirations. This 4,537 square ft mini mansion is zone LAR2 with a 2 car detached garage and ample space for parking. This completely remodeled home features 10 bedrooms and 10 en-suite bathrooms. Updated kitchen with, built-in wine cooler, food warmer, refrigerator, oven, wood floors, along with a washer/dryer. This centrally located home is minutes away from The Grove, Beverly Hills, West Hollywood and Downtown Los Angeles.

Additional Information

Lot Description
Back Yard
Entry Location
Ground Level - no steps
Bedroom Features
Master Suite, WalkInCloset
Kitchen Features
Counter Top, Gourmet Kitchen, Island, Open to Family Room, Pantry, Remodeled
Appliances
Dishwasher, Dryer, Garbage Disposal, Ice Maker, Refrigerator, None
Room
Master Bedroom, Den, Other, Den/Ofc, FamilyRoom, Formal Entry, Guest-Maids Quarters, LivingRoom, Office
Pool Description
No Pool
Spa Description
None
Heat
Central Furnace
Cooling
Central A/C
View
No
Parking
Garage - Two Door, Garage Is Detached
Terms
Cash To New Loan, Cash To Existing Loan

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Compass, Kelly Myers - CA DRE#01492040

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