5112 Edgewood Pl - Renovated Spanish Style Duplex 2 Unit Apartment Building Offered at $2,338,554 CAD at a 4.30% Cap Rate Los Angeles, CA 90019

PartnersCRE is pleased to present 5112–5114 Edgewood Place, a beautifully renovated Spanish-style duplex offering the perfect blend of character, income potential, and location in the heart of Miracle Mile. Situated on a 5,030 SF lot, the property features a 3,470 SF building with two large residential units—a 3 bed / 2 bath and a 2 bed / 2 bath—that can both be delivered vacant. This makes the property an exceptional owner-user or investment opportunity with immediate upside.
Both units showcase hardwood floors, updated kitchens and baths, central HVAC, and charming period details that consistently attract quality tenants. The property also includes two garages plus additional side-by-side parking, providing a total of four spaces, along with a shared outdoor space in the backyard for added tenant appeal.
With R3 zoning and a convertible upstairs bonus room, there is added potential to create a third income-producing unit or expand living space to further increase cash flow and long-term value. Situated near the Wilshire/La Brea development corridor, the Academy Museum, LACMA, and the upcoming Purple Line Metro extension, this property is ideally positioned for continued growth and appreciation.
This rare Miracle Mile duplex combines architectural charm, immediate rental upside, and long-term potential—making it one of the premier owner-user and investment opportunities in Los Angeles.