RealKey
‪(213) 433-7766‬

4140 Edenhurst Avenue, Los Angeles, California 90039, Los Angeles, 90039 - bed, bath

4140 Edenhurst Avenue, Los Angeles, California 90039 home-pic-0
ACTIVE$1,210,000
4140 Edenhurst Avenue, Los Angeles, California 90039
0Bed
0Bath
1,836Sqft
4,613Lot
Year Built
1940
Close
-
List price
$1.21M
Original List price
$1.1M
Price/Sqft
$659
HOA
-
Days on market
-
Sold On
-
MLS number
TR24253120
Home ConditionPoor
Features
Good View:
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.21M(50th), sqft - 1836(42th), beds - undefined(50th), baths - undefined(50th).

AMAZING OPPORTUNITY in the heart of Atwater Village, Los Angeles— Nestled in the charming and vibrant heart of the Atwater Village and Los Feliz Equestrian area, these quaint vintage-style apartments offer a cozy retreat with delightful features. Each one-bedroom, one-bathroom unit boasts original Craftsman cabinetry, adding a touch of historic elegance to the space. Enjoy your morning coffee or meals in the cute nook designed for relaxation and comfort. Each unit comes with a convenient parking space and a storage shelf located in the carport. The location is ideal, just minutes from major freeways for easy access to downtown LA and the Valley. You'll be close to the renowned Greek Theatre and within walking distance of the historic Griffith Park, offering numerous hiking trails. The thriving Atwater Village strip, known for its eclectic entertainment and dining options, is also just a stroll away, as are Best Buy, Costco, and the Equestrian Center. Embrace a lifestyle that balances vintage charm with modern convenience in this sought-after neighborhood. LISTING PRICE REFLECTS ONLY 1 PARCEL. There are 2 parcels with 3 units each. BOTH PARCELS ARE SOLD TOGETHER. Total of SIX UNITS for sale! ONE BEDROOM AND ONE BATHROOM and 1 PARKING SPACE PER UNIT. REFERENCE BOTH APN#5594-024-010 and APN#5594-024-011 AS THEY ARE SOLD TOGETHER. These units will be delivered vacant, offering endless potential and ADDED VALUE in one of LA's most vibrant and sought-after neighborhoods. Perfect for generating RENTAL INCOME, REPOSITIONING, OR ADDING TO YOUR REAL ESTATE PORTFOLIO. Don’t miss out on this rare chance to invest in Atwater Village.

Nearby schools

5/10
Glenfeliz Boulevard Elementary School
Public,•K-6•0.3mi
6/10
Cerritos Elementary School
Public,•K-6•0.8mi
4/10
Atwater Avenue Elementary School
Public,•K-6•1.2mi
9/10
Ivanhoe Elementary School
Public,•K-5•1.3mi
4/10
Fletcher Drive Elementary School
Public,•K-6•1.7mi
8/10
Franklin Avenue Elementary School
Public,•K-6•1.8mi
5/10
Columbus Elementary School
Public,•K-5•1.8mi
8/10
Allesandro Elementary School
Public,•K-6•2.1mi
7/10
Balboa Elementary School
Public,•K-6•3.8mi
6/10
Theodore Roosevelt Middle School
Public,•6-8•1.0mi
6/10
Irving STEAM Magnet
Public,•6-8•1.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.3mi
7/10
Eleanor J. Toll Middle School
Public,•6-8•2.6mi
8/10
John Marshall Senior High School
Public,•9-12•1.4mi
6/10
Glendale High School
Public,•9-12•2.4mi
7/10
Herbert Hoover High School
Public,•9-12•2.6mi
Condition Rating
Poor
Built in 1940, this property is 84 years old and shows significant signs of age and deferred modernization. The description mentions 'original Craftsman cabinetry' and 'vintage-style,' which is evident in the very outdated kitchens with old cabinets, worn countertops, and basic/missing appliances. Bathrooms feature extremely dated blue tiled showers and older fixtures. While functional, the property lacks modern conveniences like central AC (relying on window/split units) and requires substantial rehabilitation to meet contemporary tenant expectations and maximize rental income, as suggested by the listing's emphasis on 'potential' and 'repositioning.' The overall condition points to a need for significant capital investment beyond minor updates.
Pros & Cons

Pros

Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Prime Location: Nestled in the highly desirable Atwater Village and Los Feliz Equestrian area, offering excellent walkability to Griffith Park, the vibrant Atwater Village strip, and proximity to major freeways, downtown LA, and essential amenities like Costco.
Significant Income Potential: The property consists of six units delivered vacant, explicitly marketed as an 'AMAZING OPPORTUNITY' for generating rental income, repositioning, and adding substantial value to a real estate portfolio.
Multi-Unit Investment: A rare offering of six one-bedroom, one-bathroom units across two parcels, providing a substantial scale for investors looking to acquire multiple income-producing assets in a sought-after Los Angeles market.
Historic Charm: The quaint vintage-style apartments feature original Craftsman cabinetry, offering unique character and appeal that can attract tenants seeking a distinct aesthetic and a sense of history.
Individual Unit Amenities: Each unit benefits from a convenient dedicated parking space and a storage shelf in the carport, adding practical value and convenience for tenants.

Cons

Age of Property & Renovation Needs: Built in 1940, the 'vintage-style' and 'original Craftsman cabinetry' suggest the property may require significant capital expenditure for modernization, system upgrades, or renovations to maximize rental income and meet contemporary tenant expectations.
Small Unit Configuration: All six units are one-bedroom, one-bathroom, which may limit the target tenant demographic and potential rental rates compared to properties offering larger or more diverse unit layouts. The total square footage of 1836 sqft for 6 units implies very compact living spaces.
Lack of Modern Conveniences: The description does not mention modern amenities such as in-unit laundry, central air conditioning, or updated kitchen appliances, which could be a drawback for prospective tenants and necessitate future investment to enhance market competitiveness.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state