Hollywood Multifamily Investment
For Sale
$1,290,000
Pending
1185 North Edgemont Street, Los Angeles, CA 90029
Five-unit property in Hollywood with development potential.
Property Size5,239 SF
Lot Size0.21 Acres
Days on Market227
Property Features for 1185 North Edgemont Street
General Information
Standard status
Pending
Size
5,239 SF
Total Parking Spaces
2
Lot size
0.21 Acres
Property subtype
Residential Income
Net Operating Income
$66,231
Site & Location
Neighborhood
East Hollywood
Building Details
Year Built
1924
Buildings
2
Units
5
Listing Agency:
Real Brokerage Technologies
Listed By:
Eric Benz · License #01272171
(818) 693-2575
Source:
Compass
Added: Mar 12
Changed: Oct 17
Last Checked: Oct 23 at 10:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Brokerage Technologies
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Investment Insights
Based on property information with market context.
Located in an evolving area of Hollywood, this five-unit property offers opportunities for investors and developers. The property includes a spacious single-family home with 3 bedrooms, 2 bathrooms, a 2-car garage, and driveway parking. Additionally, there are four 1-bedroom units. Four of the five units are currently tenant-occupied, with one unit vacant. Situated on a lot just over 9,000 sq. ft. and zoned LARD1.5, the property offers potential for increased rental income and long-term development. The location provides convenient access to the Metro, the 101 Freeway, Hollywood attractions, LA City College, multiple hospitals, Downtown Los Angeles, and various shops and restaurants.
Key Highlights
- Excellent investment opportunity in up‑and‑coming Hollywood location.
- Five‑unit property with consistent rental potential from four 1‑bedroom units.
- Spacious single‑family home with 3 bedrooms and 2 bathrooms.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
6,743
Businesses Nearby
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Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit property in Hollywood with development potential.
Where is this apartment building located?
The property is located at 1185 North Edgemont Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Excellent investment opportunity in up‑and‑coming Hollywood location.; Five‑unit property with consistent rental potential from four 1‑bedroom units.; Spacious single‑family home with 3 bedrooms and 2 bathrooms.
