E Edgeware Rd

Los Angeles | California

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Douglas Elliman - Los Angeles

Presented At

$799,999

Bedrooms

Living

1,058

SQFT

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308

E Edgeware Rd

Los Angeles | California

308 E Edgeware Rd, Los Angeles, California, United States. , Los Angeles , California

308 E Edgeware Rd - Silver Lake, California

This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowing property once the back unit has been repaired and both units have tenants are market value. With separate entrances for privacy and a gated entry, this property is a prime opportunity to enhance your real estate portfolio. It is also located in a desirable neighborhood with strong rental demand. Don't miss out on the opportunity to secure this value-add property in the heart of one of the most up and coming neighborhoods of Los Angeles.

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Property Location

308 E Edgeware Rd, Los Angeles, California, United States., Los Angeles California

Local Weather & Climate

Los Angeles, California

Current Conditions Updated recently

63 °F

Clear sky

Feels Like 60°F

Humidity 33%

Wind 5 mph

Visibility 6.2 mi

Sunrise 2:52 PM

Sunset 1:20 AM

5-Day Forecast

Fri 30 Jan

Clear

High 80°

Low 63°

Sat 31 Jan

Clear

High 81°

Low 65°

Sun 1 Feb

Clouds

High 81°

Low 66°

Mon 2 Feb

Clouds

High 74°

Low 62°

Tue 3 Feb

Clouds

High 77°

Low 62°

Annual Climate Based on last 12 months

58° Avg Low

Jan

79° Avg High

Aug

52 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

26" Annual Rainfall

Semi-Arid climate

Monthly Temperatures

Jan

69°

47°

Feb

72°

49°

Mar

84°

57°

Apr

76°

55°

May

77°

58°

Jun

81°

61°

Jul

90°

66°

Aug

94°

69°

Sep

87°

67°

Oct

84°

60°

Nov

71°

53°

Dec

68°

49°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Los Angeles?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 308 E Edgeware Rd, Los Angeles, California, United States have?

This other at 308 E Edgeware Rd, Los Angeles, California, United States features 2 bedrooms with 1,058 square feet of living space.

What is the size of 308 E Edgeware Rd, Los Angeles, California, United States?

This property offers 1,058 square feet of living space.

What is the listing price for 308 E Edgeware Rd, Los Angeles, California, United States?

This property is listed at $79,999,900, which equals $75614 per square foot.

What is the climate like in Los Angeles?

Los Angeles features a pleasant climate. Average temperatures range from 58°F in winter to 79°F in summer. The area receives approximately 26 inches of precipitation annually. There are about 52 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Los Angeles?

Los Angeles tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 308 E Edgeware Rd, Los Angeles, California, United States?

This is a other located in Los Angeles, California. The property is situated in an established neighborhood with convenient access to local amenities and services.