5112 Edgewood Place

Description

Presenting 5112-5114 Edgewood Place, a beautifully renovated Spanish style duplex that blends timeless character with modern updates in the heart of Miracle Mile. Situated on a 5,030 square foot lot, the 3,470 square foot property offers two spacious residences, a three bedroom two bath and a two bedroom two bath, both can be delivered fully vacant. This rare offering provides an exceptional opportunity for an owner user or investor to take advantage of immediate rental potential. Each unit showcases hardwood floors, updated kitchens and baths, central HVAC, and charming period details that create warmth and character throughout. The thoughtful renovations and light filled interiors make the residences move in ready and highly appealing to quality tenants. Additional features include two garages, as well as a shared outdoor backyard space for added enjoyment. With R3 zoning and a convertible upstairs bonus room, there is potential to create an additional income producing unit or expand living space to further increase long term value. Located near the Wilshire and La Brea development corridor, the Academy Museum, LACMA, and the soon to be completed Purple Line Metro extension, this property is positioned for strong growth and appreciation.