1185 Edgemont, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath
1185 Edgemont
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 1185 Edgemont, Los Angeles, California 90026 is currently available with a list price of $1,395,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1924, this property is nearly 100 years old. The listing explicitly states it requires 'significant capital investment in system upgrades, renovations, and addressing deferred maintenance' and 'substantial vision & investment.' The exterior images show an aged property with visible wear and tear. The complete absence of interior photos, particularly of kitchens and bathrooms, strongly indicates these areas are severely outdated and require extensive renovation, aligning with a property needing substantial repairs and rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
A five-unit property (one SFH, four 1-bedroom units) provides diversified and consistent rental income, with four units currently tenant-occupied.
- Significant Development Upside
Sitting on a large 9,000+ sq ft lot with LARD1.5 zoning, the property offers substantial long-term development potential to maximize its highest and best use.
- Prime Hollywood Location
Situated in an 'up-and-coming' Hollywood pocket, offering excellent proximity to Metro, 101 Freeway, attractions, educational institutions, and downtown LA.
CONSRISKS & DEFICIENCIES
- Age and Potential for Deferred Maintenance
Built in 1924, the property is nearly 100 years old, suggesting potential for significant capital investment in system upgrades, renovations, and addressing deferred maintenance.
- Recent Price Adjustment
A notable price reduction from $1.595M to $1.395M suggests potential market resistance or an initial overvaluation, which could impact perceived value or future appreciation.
- Requires Substantial Vision & Investment
The property is presented as an opportunity requiring 'vision and passion,' indicating it is not turn-key and will demand considerable effort and financial outlay for renovation or redevelopment.
About 1185 Edgemont
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.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1924
- Lot Size
- 9,504 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ramona Elementary School
Grades K-6 • 0.2 mi
Kingsley Elementary School
Grades K-5 • 0.4 mi
Lexington Avenue Primary Center
Grades K-2 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 5,239 | 5,239 | 50% |
| Lot Size | 9,504 | 5,936 | 67% |
| Price | $1.40M | $1.40M | 50% |
| Price per sq ft | $266 | $266 | 50% |
| Built year | 1924 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 158 | 185 | 33% |
Pricing History
Listed for Sale
Dec 19, 2025
$1,395,000
$1,595,000
-13% Price Drop
Initial Listing
Price Change
Sep 29, 2025
$1,595,000
Initial Listing