5607 Edgemar AV Los Angeles CA 90043 MLS #26838691

5607 Edgemar Avenue is a mid-century, wood frame stucco apartment complex, located in the highly sought after, Windsor Hills neighborhood. This 4,175 square foot building is situated on a 4,999 square foot lot and boasts amazing views from some of the upper units. Currently, the 2-bedroom units are rented at below market rates. Two of the one-bedroom units are vacant and the other is occupied by a tenant who, was acting as a manager. The building is in need of significant repairs and upgrades. Upon completion, the property should generate well over $10,000 per month. Additionally, there are five garages in the rear, off the alley, which may provide an opportunity to add ADU’s. This is an add-value project which will attract a tremendous amount of interest, due to its superior location and future income potential. Please make offers subject to inspection. Showings with accepted offers only.