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4144 Edenhurst Avenue, Los Angeles, California 90039, Los Angeles, 90039 - bed, bath

4144 Edenhurst Avenue, Los Angeles, California 90039 home-pic-0
ACTIVE$1,210,000
4144 Edenhurst Avenue, Los Angeles, California 90039
0Bed
0Bath
1,800Sqft
4,568Lot
Year Built
1940
Close
-
List price
$1.21M
Original List price
$1.1M
Price/Sqft
$672
HOA
-
Days on market
-
Sold On
-
MLS number
TR24253241
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.21M(50th), sqft - 1800(33th), 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 features significantly outdated kitchens and bathrooms with original Craftsman cabinetry, old appliances, and vintage fixtures, as clearly depicted in the images. The description highlights 'vintage-style' and 'original' features, and explicitly states it offers 'endless potential and ADDED VALUE' and is suitable for 'REPOSITIONING,' indicating a need for substantial renovation. The property analysis confirms 'Advanced Age & Renovation Needs' and 'Absence of Modern Amenities,' including likely system upgrades (plumbing, electrical, HVAC). While not a tear-down, it requires extensive rehabilitation to meet contemporary living standards and tenant expectations, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Exceptional Location: Nestled in the highly sought-after Atwater Village/Los Feliz Equestrian area, the property offers walkability to vibrant dining, entertainment, Griffith Park, and excellent freeway access to downtown LA and the Valley.
Significant Income Potential: A rare offering of six 1-bedroom, 1-bathroom units across two parcels, providing substantial rental income and portfolio diversification for investors.
Delivered Vacant for Repositioning: The property being delivered vacant allows for immediate renovations, market-rate rent adjustments, and strategic repositioning without tenant displacement challenges, maximizing investor flexibility.
Value-Add Opportunity: Explicitly marketed for 'added value' and 'repositioning,' indicating clear potential for capital improvements to significantly increase rental income and overall property value.
Desirable Vintage Charm: The original Craftsman cabinetry and vintage style offer unique character and appeal, attracting tenants seeking a distinctive living experience in a historic setting.

Cons

Advanced Age & Renovation Needs: Built in 1940, the property likely requires significant capital investment for system upgrades (e.g., plumbing, electrical, HVAC) and modernization to meet contemporary tenant expectations and maximize returns.
Compact Unit Footprint: With 1800 sqft across six units, each unit averages only 300 sqft, which is very compact and may limit tenant appeal or command lower rental rates compared to larger units in the area.
Absence of Modern Amenities: While charming, the description highlights vintage features but lacks mention of modern conveniences such as central air conditioning, in-unit laundry, or updated appliances, which could be a drawback for prospective tenants.

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