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1185 Edgemont, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

1185 Edgemont, Los Angeles, California 90026 home-pic-0
ACTIVE$1,595,000
1185 Edgemont, Los Angeles, California 90026
0Bed
0Bath
5,239Sqft
9,504Lot
Year Built
1924
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$304
HOA
-
Days on market
-
Sold On
-
MLS number
BB25226762
Home ConditionPoor
Features
Good View:
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.59M(50th), sqft - 5239(50th), beds - undefined(50th), baths - undefined(50th).

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.

Nearby schools

3/10
Ramona Elementary School
Public,•K-6•0.2mi
5/10
Kingsley Elementary School
Public,•K-5•0.4mi
/10
Lexington Avenue Primary Center
Public,•K-2•0.5mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•0.6mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•0.7mi
6/10
Dayton Heights Elementary School
Public,•K-5•0.9mi
4/10
Grant Elementary School
Public,•K-6•1.1mi
4/10
Alexandria Avenue Elementary School
Public,•K-5•1.1mi
3/10
Harvard Elementary School
Public,•K-5•1.2mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.4mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.4mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•1.4mi
5/10
Cahuenga Elementary School
Public,•K-5•1.6mi
6/10
Charles H. Kim Elementary School
Public,•K-5•1.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•0.9mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.2mi
5/10
Virgil Middle School
Public,•6-8•1.4mi
4/10
Young Oak Kim Academy
Public,•6-8•2.1mi
7/10
John Burroughs Middle School
Public,•6-8•3.1mi
4/10
Helen Bernstein High School
Public,•9-12•1.0mi
8/10
John Marshall Senior High School
Public,•9-12•1.5mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•2.3mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•2.3mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•2.3mi
6/10
Hollywood Senior High School
Public,•9-12•2.4mi
3/10
Belmont Senior High School
Public,•9-12•2.9mi
7/10
Fairfax Senior High School
Public,•9-12•3.7mi

Price History

Date
Event
Price
09/29/25
Listing
$1,595,000
Condition Rating
Poor
Built in 1924, this property is 100 years old. The listing description and property analysis explicitly mention 'older systems' and the need for 'significant maintenance, repairs, or upgrades' and to 'reimagine' the vacant unit, implying substantial rehabilitation is required. While currently tenant-occupied, the lack of interior photos, especially of kitchens and bathrooms, combined with the age and suggestive language, indicates these areas are likely very outdated and in need of full renovation. The exteriors also appear dated, supporting the assessment that the property requires significant capital investment to meet modern standards.
Pros & Cons

Pros

Multi-Unit Investment Opportunity: This property comprises five units, including a spacious single-family home and four 1-bedroom units, offering diverse rental income streams and significant investment potential.
Strong Rental Income Potential: Four of the five units are currently tenant-occupied, providing immediate and consistent rental income, with one vacant unit offering flexibility for immediate lease-up or renovation.
Significant Development Upside: Sitting on a lot just over 9,000 sq. ft. and zoned LARD1.5, the property offers substantial long-term development potential to maximize its highest and best use.
Prime Hollywood Location: Located in an 'up-and-coming pocket of Hollywood,' the property boasts excellent proximity to the Metro, 101 Freeway, Hollywood attractions, LA City College, hospitals, Downtown LA, and various amenities.
Desirable Anchor Unit: The property is anchored by a spacious 3-bedroom, 2-bathroom single-family home with a 2-car garage and driveway parking, a highly attractive feature for tenants or potential owner-occupants.

Cons

Age of Property & Potential Maintenance: Built in 1924, the property is likely to have older systems and may require significant maintenance, repairs, or upgrades to meet modern standards and efficiency.
Implied Capital Investment Required: The description suggests buyers 'bring your vision and passion' and 'reimagine' the vacant unit, indicating that substantial renovation or redevelopment capital will likely be needed beyond the acquisition cost.
Multi-Unit Management Complexity: Managing five separate units, including tenant relations, lease agreements, and potential turnover, can be complex and demanding, especially for investors new to multi-family properties.

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