1185 Edgemont, Los Angeles, CA 90026

$1,290,000

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List Agent Eric Benz () 818-693-2575 Real Brokerage Technologies; CoList ()

List Price
$1,290,000
Status
ACTIVE
MLS#
BB26136227
Year Built
1924
Lot Size
9,504
Lot Location
0-1 Unit/Acre
Days on Market
38
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

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.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.