813 N Edinburgh Ave, Los Angeles, CA 90046

Property Description

813 N. Edinburgh Ave. is a well maintained duplex located in the city of Los Angeles, adjacent to West Hollywood. The 6,549 square foot lot is zoned LAR3 in the TOC Tier 2. Eight units can be built by right and a maximum of twelve units could potentially be built with the TOC density bonus (BUYER TO VERIFY). Average newer built condos have sold about $900/SF within a one mile radius recently. This lot is in a PRIME location near Melrose Ave., between Crescent Heights Blvd. in the city of Los Angeles, adjacent to all West Hollywood, Beverly Hills & Hollywood have to offer. This location is provides close proximity to world renowned restaurants and shopping as well as easy access to the 101 and 405 Freeways. Deemed a "Walker's Paradise" with a Walk Score of 91, most errands can be accomplished on foot! Major local employment opportunities include The Lot, Netflix, Paramount Studios and office employment in Century City, Wilshire District and Downtown Los Angeles. This area is highly sought after by due to proximity to all of the employment, restaurants, museums, and entertainment this HIP area has to offer. Currently there is one 2+1 and one 3+1 with a building size of 2,425 square feet. Plumbing, roof & electrical were updated around the year 2000. Each unit averages over 1,200 square feet and has its own washer and dryer, one in unit other in garage. The property has been well maintained. Located in the city of Los Angeles and subject to LA rent control.