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1309 N Edgemont St 4 Unit Apartment Building $1,600,000 ($400,000/Unit) Los Angeles, CA 90027



EXECUTIVE SUMMARY
Prime opportunity for both investors and owner-users in the heart of East Hollywood. 1309 N Edgemont St currently features four spacious 2-bedroom, 1-bath units that can be reconfigured into eight 1-bedroom, 1-bath units — ideal for maximizing rental income or creating flexible living spaces. The deep lot also offers excellent development potential, with the ability to build up to four additional units or ADUs in the rear. Live in one unit and rent out the rest, or redevelop the entire property for strong long-term returns. Centrally located near Los Feliz, Silver Lake, and Hollywood, this property offers easy access to major employers, schools, and public transit. A rare find for an owner-user or investor seeking value, versatility, and growth potential in one of Los Angeles’s most sought-after rental markets.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,600,000 | Building Class | C |
| Price Per Unit | $400,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 5,544 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LARD1.5 | ||
| Price | $1,600,000 |
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,544 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 1.44/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,014 |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (72)
PROPERTY TAXES
| Parcel Number | 5543-021-005 | Improvements Assessment | $139,028 (2025) |
| Land Assessment | $556,153 (2025) | Total Assessment | $695,181 (2025) |
PROPERTY TAXES
Parcel Number
5543-021-005
Land Assessment
$556,153 (2025)
Improvements Assessment
$139,028 (2025)
Total Assessment
$695,181 (2025)
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Presented by
Element RE, Inc
1309 N Edgemont St
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