5112 Edgewood Pl Los Angeles, CA 90019
$1,450,000 | 5,030 SQFT
Remodeled Spanish Duplex in Highly Sought after Miracle Mile neighborhood! Perfect for an investor looking for options.
Owner's unit delivered vacant! Either lease the Upper Owners Unit at market rate, or move in and collect the rents from downstairs. Zoned R3 this has major potential and is an incredible opportunity to add income by turning the third room upstairs into a 3rd unit! Features include: Hardwood floors, Central Heat and Air, period mouldings, arches, updated kitchens and baths, formal dining rooms and breakfast nooks. A large private back yard is perfect to hone your gardening skills or to entertain. Two garages w/ ample room for storage and two additional side by side spots. Close to Trejo's Tacos, Met Her at a Bar, Lassens, Target, Sprouts, the soon to be completed Redline extension and all the amazing development coming to Wilshire and La Brea.
Community Explore Hancock Park Real Estate
Developed in the 1920s by the Hancock family with profits earned from oil drilling, Hancock Park is now a concentration of grandly designed commercial buildings bound by stately and luxurious homes – the perfect combination of history, wealth, city living and suburban charm.
Nestled between Melrose Avenue, Wilshire Boulevard, La Brea Avenue, and Van Ness, the sprawling tree-lined community of impressive historic family homes is centrally located, just a stone’s throw away from the buzzing yet quaint Larchmont Village and Windsor Square, making up the Greater Wilshire Hancock Park area.
While movie stars such as Mae West, Ava Gardner and Clark Gable made the neighborhood a hot spot in Hollywood’s Golden Age, not much has changed. With Beverly Hills and Downtown LA right down Wilshire Boulevard; La Brea, Melrose, Fairfax Avenues, and The Grove nearby; entertainment, jobs, and nightlife are just around the corner. In fact, the average household income of Hancock Park’s residents consistently ranks among the top in the nation. From its distinguished museums to its pockets of culture, Hancock Park continues to be one of the most highly coveted areas to live in Southern California.
In fact, Hancock Park enjoyed its most productive quarter ever in over three years. Skyrocketing 45%, the median sales price of a home in the community reached $1,390,000 over the last three years, which is likely due to the rich history of one of the finest neighborhoods in Los Angeles.
Renowned architects like Frank Lloyd Wright and Wallace Neff built various Period Revival styles (Tudor, English, Spanish, American, etc.) while maintaining not only the upscale character of the community, but its magic. With driveways leading through a coach gate to a rear garage, most residences are set back 50 feet from the street per the request of G. Allan Hancock. From luxury mid-century flats to modern high-rise condos, Hancock Park has something for everyone – whether home buyers seek quiet living or a trendy and lively atmosphere.
- Larchmont Farmers' Market
- Wilshire Country Club
- Los Angeles Tennis Club
- La Brea Bakery Cafe
- Pizzeria Mozza
- Go Get Em Tiger
- Wilshire Ebell Theatre
- Salt & Straw
- Wilshire Academy
- Marlborough School