5558 EDGEWOOD Place, Los Angeles , CA 90019 (MLS # 20565284)

Price $3,600,000
Status Active
Beds 10
Baths 10 Baths
Home size 4,537 sqft
Lot Size 6,250 sqft
Days on Market 12
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.
Property Type(s): Single Family
Last Updated 3/24/2020 Year Built 1925
Community Beverly Center-Miracle Mile (C19) County Los Angeles

Additional Details

AIR Central A/C
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Garbage Disposal, Ice Maker, None, Refrigerator
AREA Beverly Center-Miracle Mile (C19)
EXTERIOR Back Yard
GARAGE Garage - Two Door, Garage Is Detached, Yes
HEAT Central Furnace
INTERIOR Breakfast Area, Breakfast Counter / Bar, Den, Den/Ofc, Dining Area, FamilyRoom, Formal Entry, Guest-Maids Quarters, LivingRoom, Master Bedroom, Office, Other
LOT 6250 sq ft
POOL DESCRIPTION No Pool
STORIES 2
STYLE Mediterranean
VIEW DESCRIPTION No View
ZONING LAR2

Location

 

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Listing provided by Kelly Myers CalDRE: 01492040, Compass

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