$3,295,000
$200K PRICE DROP

903 N Edgemont St Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated payment $17,970/month

Total Views 3,321
22 Beds
8 Baths
5,730 Sq Ft
$575 Price per Sq Ft

Highlights

  • Views of Trees
  • Contemporary Architecture
  • Front Yard
  • STEM Academy at Bernstein High Rated A-
  • West Facing Home

About This Home

SO GRAND! SO STATUESQUE! TRULY A PROUD INVESTMENT AND A REAL MONEY MAKER! BABY, THIS IS IT! WELCOME TO THE LAND OF INCOME! TRULY AMAZING and Unique Opportunity! This, City Approved, Boarding House is being offered for sale for the FIRST TIME in Decades! With 22 bedrooms, 8 bathrooms, 2 kitchens and several parking spaces, this is a RARE Opportunity. Located IDEALLY near East Hollywood, this 1920's Pre-Depression Home is in High Demand. All utilities are on one meter, which Owner provides. Absolutely Beautiful and Classic Building, and easily Notable in the area! Vacancies are Rare, and the Location is Great! Ownership will Exchange from this Wonderful Investment, so do let us know if your client has an Investment that may interest the Ownership! OR, your client may purchase direct, and the Ownership will locate their Exchange Property on their own. So, Come On Down, and Let's Make a Deal!

Listing Agent

Jonathan Jay

Bruce Jay Associates License #01979786 Listed on: 03/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,268

Year Built

  • Built in 1920

Lot Details

  • 6,304 Sq Ft Lot
  • West Facing Home
  • Front Yard

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Carport

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 5,730 Sq Ft Home
  • 2-Story Property
  • Views of Trees

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 8 Bathrooms

Community Details

  • 22 Units

Listing and Financial Details

  • Assessor Parcel Number 5538-013-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,268

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5730
  • Lot Acreage: 0.1447
  • Probate: No
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 22
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 575.04

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Roof: Composition
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 1
  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 37.98
  • Assessed Improvement Value: 241797
  • Assessed Land Percent: 62.02
  • Assessed Land Value: 394864
  • Total Assessed Value: 636661
  • Assessor Parcel Number: 5538-013-018
  • Lot Description: Front Yard
  • Lot Size Area: 6304

Rental Info

  • Owner Pays: Electricity, Gardener, Gas, Water

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 18.79
  • Number Of Units: 22
  • Type Of Units: room rental

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,268 $649,393 $402,761 $246,632
2024 $8,268 $636,661 $394,864 $241,797
2023 $8,116 $624,178 $387,122 $237,056
2022 $7,751 $611,940 $379,532 $232,408
2021 $7,626 $599,942 $372,091 $227,851
2019 $7,404 $582,149 $361,055 $221,094
2018 $7,279 $570,735 $353,976 $216,759
2016 $6,901 $548,575 $340,232 $208,343
2015 $6,804 $540,336 $335,122 $205,214
2014 $6,834 $529,753 $328,558 $201,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2025 04/09/25 Price Changed $3,295,000 -0.9% $575 / Sq Ft
04/07/2025 04/07/25 Price Changed $3,325,000 -3.5% $580 / Sq Ft
03/31/2025 03/31/25 Price Changed $3,445,000 -1.4% $601 / Sq Ft
03/28/2025 03/28/25 For Sale $3,495,000 -- $610 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Grant Deed -- First Southwestern Title
Interfamily Deed Transfer -- --
Grant Deed $240,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $285,000 Commercial
Previous Owner $192,000 Commercial
Closed $24,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25515753

The MLS

APN: 5538-013-018

California Los Angeles County Los Angeles 90029 East Hollywood

903 N Edgemont St, Los Angeles, CA

For Sale

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listing Agent
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