1185 Edgemont Active

Los Angeles,CA 90026

$ 1595000

- Bed

0 Bath

5239 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,239 sqft

Price per Sqft $304

MLS Listing ID CRBB25226762

HOA Y/N No

Year Built 1924

Lot Size 9,504 Sqft

Acres 0.22

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Building

New Construction No

Others

Tax ID 5540027018

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