1309 N Edgemont, Los Angeles, California 90027, Los Angeles, 90027 - bed, bath

1309 N Edgemont, Los Angeles, California 90027 home-pic-0
ACTIVE$1,600,000
1309 N Edgemont, Los Angeles, California 90027
0Bed
0Bath
5,544Sqft
6,517Lot
Year Built
1925
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$289
HOA
-
Days on market
-
Sold On
-
MLS number
SR25259227
Home ConditionPoor
Features
Good View:
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.60M(50th), sqft - 5544(50th), beds - undefined(50th), baths - undefined(50th).

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.

Price History

Date
Event
Price
11/13/25
Listing
$1,600,000
03/31/03
Sold
$480,000
Condition Rating
Poor

Built in 1925, this property shows significant age and a clear lack of major renovations in many decades. The kitchen features extremely outdated flat-panel cabinets, worn laminate countertops, older white appliances, and dated sheet vinyl flooring. General interior spaces exhibit popcorn ceilings, old light fixtures, and worn carpets or basic flooring. The property description itself highlights 'Age of Property & Potential for Deferred Maintenance' and 'Substantial Renovation/Reconfiguration Required,' indicating that major systems and finishes are likely at or past their useful life and require significant capital investment to meet current standards. While not explicitly unlivable, it requires substantial repairs and rehabilitation.
Pros & Cons

Pros

Significant Development Potential: The deep lot offers excellent development potential, allowing for the addition of up to four new units or ADUs, which can substantially increase future value and income.
High Income Maximization Potential: The existing four 2-bedroom units can be reconfigured into eight 1-bedroom units, providing a clear path to significantly maximize rental income.
Prime East Hollywood Location: Centrally located near highly sought-after neighborhoods like Los Feliz, Silver Lake, and Hollywood, ensuring strong rental demand and convenient access to amenities, employers, and public transit.
Versatile Investment Opportunity: The property is ideal for both owner-users looking to live in one unit and rent out the rest, and investors seeking strong long-term returns through redevelopment.
Established Multi-Unit Income Stream: Currently featuring four units, the property provides an immediate rental income foundation, reducing initial vacancy risk for investors.

Cons

Age of Property & Potential for Deferred Maintenance: Built in 1925, the property is likely to require significant capital investment for system upgrades, renovations, and addressing potential deferred maintenance.
Substantial Renovation/Reconfiguration Required: Realizing the full income and development potential, such as reconfiguring units or adding ADUs, necessitates considerable upfront investment and project management.
Permitting & Development Complexity: While offering development potential, navigating Los Angeles's permitting and zoning processes for additional units can be a time-consuming and potentially costly endeavor.

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