4144 Edenhurst Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 0 bed, 0 bath
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Los Angeles, California 90039
This Value-Add Multi-Unit Asset in Atwater Village is listed at $1,175,000, compared to a $970,796 Fair Market Value. With a Condition Rating of 5, the property requires strategic repositioning of six total units to capture market-rate rents. The asset retains original Craftsman cabinetry and sits within the 9/10 Ivanhoe Elementary School and 8/10 John Marshall Senior High School boundaries near Griffith Park. This high-upside opportunity is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing "house-hack" in a premier Los Angeles corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4144 Edenhurst Avenue Subject | $1,175,000* List Price | 0 | 0 | 1,800 | $539 | - |
A 4074 Veselich Sold | $1,425,000 | 0 | 0 | 2,375 | $600 | 0.1 mi |
B 4140 Edenhurst Avenue Active | $1,175,000 List Price | 0 | 0 | 1,836 | $640 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, this multi-unit property is described as a 'value-add' opportunity 'ready for repositioning.' Images and descriptions confirm original vintage kitchens and bathrooms that are severely outdated. The listing explicitly suggests living in one unit while renovating the others, indicating that substantial rehabilitation and capital expenditure are required to meet modern living standards.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in one of Los Angeles’ most desirable neighborhoods, the property offers exceptional proximity to Griffith Park trails, the Greek Theatre, and the trendy dining and shopping corridor of Atwater Village.
The offering includes six total units across two parcels, providing a rare 'live-in/rent-out' opportunity with significant upside for investors looking to build long-term wealth through strategic repositioning.
The property is positioned as a value-add opportunity 'ready for repositioning,' implying that substantial capital expenditure will be needed to modernize the units and achieve market-rate rents.
The listing price reflects only one of the two parcels required for the sale, which may create confusion regarding the total acquisition cost and complicate the financing process for some buyers.
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. They 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.
No neighborhood comparison data available.
Feb 21, 2026
$1,175,000
Initial Listing
Dec 24, 2024
$1,100,000
Initial Listing