4140 Edenhurst Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 0 bed, 0 bath
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Los Angeles, California 90039
This Atwater Village Multi-Unit Compound represents a strategic acquisition listed at $1,175,000, positioned near its $1,142,530 Fair Market Value. With a Condition Rating of 4, the property features Original Craftsman Cabinetry and offers significant "repositioning" upside through modernization. Its location within the Ivanhoe Elementary School (9/10) boundary ensures high rental demand and long-term stability. This rare six-unit opportunity across two parcels is an ideal "house hack" for Owner-Occupants looking to offset expenses or Buy-and-Hold Investors seeking a value-add asset in a prime Los Angeles neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4140 Edenhurst Avenue Subject | $1,175,000* List Price | 0 | 0 | 1,836 | $622 | - |
A 4074 Veselich Sold | $1,425,000 | 0 | 0 | 2,375 | $600 | 0.1 mi |
B 4144 Edenhurst Avenue Active | $1,175,000 List Price | 0 | 0 | 1,800 | $653 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this multi-unit property is described as having 'vintage-style' interiors with original Craftsman cabinetry and breakfast nooks. While the units are functional enough to be occupied ('Live in One'), the listing explicitly identifies the property as a 'repositioning' opportunity, indicating that the kitchens, bathrooms, and major systems are aged and require modernization to meet current market standards.
Elementary School: Ivanhoe Elementary School (9/10).
This rare six-unit offering across two parcels provides a significant 'house-hacking' opportunity, allowing an owner-user to live in one unit while generating substantial rental income to offset expenses.
Situated in one of Los Angeles' most desirable neighborhoods, the property offers excellent walkability and proximity to Griffith Park trails, the Greek Theatre, and a vibrant local dining scene.
The property is positioned as a 'repositioning' opportunity, implying that significant capital expenditure and modernization are likely required to achieve top-of-market rents.
With a total building size of 1,836 square feet for multiple units, the individual floor plans are likely quite small, which may limit the tenant pool to single occupants or couples.
Price Adjustment – Live in One, Rent the Others! Now attractively repositioned in price, this rare opportunity in Atwater Village, Los Angeles offers flexibility and strong upside. Two parcels sold together total six one-bedroom, one-bathroom units ideal for an owner-user or investor. Live in one unit while renovating and renting the others to generate income and offset your expenses. Each vintage-style apartment features original Craftsman cabinetry, charming breakfast nooks, one parking space, and carport storage. These units are full of character and ready for repositioning. Located near the iconic Greek Theatre and the trails of Griffith Park, plus the vibrant Atwater Village dining and shopping scene. Listing price reflects one parcel only. APN# 5594-024-010 and APN# 5594-024-011 are sold together, six total units. A rare chance to create your own compound while building long-term wealth in one of LA’s most desirable neighborhoods.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 44% |
| Baths | 0.0 | 2.0 | 44% |
| Square foot | 1,836 | 1,930 | 44% |
| Lot Size | 4,613 | 5,333 | 11% |
| Price | $1.18M | $1.41M | 33% |
| Price per sq ft | $640 | $744 | 44% |
| Built year | 1940 | 1940 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 486 | 139 | 0% |
Feb 21, 2026
$1,175,000
Initial Listing
Dec 22, 2024
$1,100,000
Initial Listing