1185 N Edgemont St Los Angeles, CA 90029
East Hollywood NeighborhoodEstimated payment $10,018/month
About This Home
Located in an up-and-coming pocket of Hollywood, this five-unit property presents an excellent opportunity for investors and developers alike. Four of the five units are currently tenant-occupied, with one unit vacant and ready to lease or reimagine. Anchoring the property is a spacious single-family home featuring 3 bedrooms, 2 bathrooms, a 2-car garage, and driveway parking. Along Lexington, you’ll find four 1-bedroom units that add consistent rental potential.
Sitting on a lot just over 9,000 sq. ft. and zoned LARD1.5, the property offers significant upside in rental income as well as long-term development potential to maximize its highest and best use. Its prime location places it close to the Metro, the 101 Freeway, Hollywood attractions, LA City College, multiple hospitals, Downtown Los Angeles, and an array of shops and restaurants.
Bring your vision and passion to this evolving neighborhood and unlock the full potential of this unique investment opportunity.
Listing Agent
Real Brokerage Technologies Brokerage Phone: 818-693-2575 License #01272171 Listed on: 09/29/2025
Co-Listing Agent
Real Brokerage Technologies Brokerage Phone: 818-693-2575 License #01968280
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 9,504 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 5,239 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 34
- Tax Tract Number 191204
- Assessor Parcel Number 5540027018
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Water Sewer Expense $2,500
- Operating Expense $5,000
- Gross Income $66,231
- Net Operating Income $66,231
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | For Sale | $1,595,000 | -- | $304 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25226762
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