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2437 N Edgemont Street, Los Angeles, California 90027, Los Angeles, 90027 - 3 bed, 4 bath

2437 N Edgemont Street, Los Angeles, California 90027 home-pic-0
ACTIVE$3,699,888
2437 N Edgemont Street, Los Angeles, California 90027
3Beds
4Baths
3,078Sqft
24,244Lot
Year Built
1986
Close
-
List price
$3.7M
Original List price
$3.25M
Price/Sqft
$1,202
HOA
-
Days on market
-
Sold On
-
MLS number
24456005
Home ConditionFair
Features
Excellent View: City Lights, Canyon
Deck
Patio
ViewCity Lights,Canyon

About this home

We found 3 Cons,7 Pros. Rank: price - $3.70M(83th), sqft - 3078(71th), beds - 3(50th), baths - 4(55th).

$300k PRICE REDUCTION: ALSO VALUE ADD - ADJACENT 10k soft VACANT LOT - INCLUDED WITH SALE!! Nestled in the heart of Los Feliz, this rare 24,244 sq. ft. lot presents an unparalleled opportunity to either renovate and expand the existing 3,000 sq. ft. home or develop two new residences. Located in one of Los Angeles' most sought-after neighborhoods, this property offers limitless possibilities for investors, developers, or homeowners looking to craft their dream estate.Surrounded by lush greenery and positioned on a tranquil street, the current home boasts timeless character with generous living spaces, high ceilings, and abundant natural light. Whether you choose to enhance its charm with a modern renovation or take advantage of the expansive lot for a brand-new vision, the potential is truly exceptional.With ample space to build, the property offers a rare chance to maximize value in a prime location near Griffith Park, trendy dining. Don't miss this extraordinary opportunity to create something truly special in one of L.A.'s most desirable enclaves.home! Property was previously listed as 2437 N Edgemont (13,000+ Sq lot and 3,000+ Sq. Ft. House) and 2538 Chilslehurst Pl. (10,000+ Sq Ft. Lot)

Nearby schools

7/10
Los Feliz STEMM Magnet
Public,•K-6•0.9mi
8/10
Franklin Avenue Elementary School
Public,•K-6•1.0mi
4/10
Grant Elementary School
Public,•K-6•1.3mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•1.4mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.6mi
9/10
Ivanhoe Elementary School
Public,•K-5•1.8mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•1.9mi
5/10
Micheltorena Street Elementary School
Public,•K-5•2.2mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.6mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.7mi
8/10
John Marshall Senior High School
Public,•9-12•1.3mi
6/10
Hollywood Senior High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
10/01/25
Price Change
$3,699,888
10/18/24
Listing
$3,250,000
Condition Rating
Fair
Built in 1986, the property is 38 years old. While the structure appears sound and well-maintained, the interior, particularly the kitchen and master bathroom, is significantly dated. The kitchen features older flat-panel cabinets, dark countertops, and dated tile flooring. The master bathroom is a prime example of 80s/90s design with extensive terracotta-style tiling, a built-in jetted tub, and wall-to-wall mirrors, all requiring a full renovation to meet modern aesthetic standards. The description itself notes the need for 'significant updates and modernization,' indicating it's not move-in ready without substantial cosmetic work, fitting the 'fair' category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24244, living area = 3078.
Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Exceptional Development Opportunity: A rare, expansive 24,244 sq ft lot (including an adjacent 10k sq ft vacant parcel) offers unparalleled potential for renovation, expansion, or developing two new residences.
Prime Los Feliz Location: Situated in a highly coveted Los Angeles neighborhood, offering proximity to Griffith Park, trendy dining, and a tranquil street setting.
Significant Value-Add with Adjacent Lot: The inclusion of a 10,000 sq ft vacant lot with the sale dramatically increases the property's overall value and future possibilities for investors or developers.
Desirable City & Canyon Views: The property boasts attractive 'City Lights' and 'Canyon' views, enhancing its aesthetic appeal and market desirability.
Solid Foundation for Renovation: The existing 3,000 sq ft home features 'timeless character,' 'generous living spaces,' 'high ceilings,' and 'abundant natural light,' providing an excellent base for a modern renovation.

Cons

Significant Investment Required: The property's primary appeal lies in its development potential, meaning substantial capital and effort will be needed for renovation, expansion, or new construction, as it is not a turnkey solution.
Age of Existing Structure: Built in 1986, the current 3,000 sq ft home likely requires significant updates and modernization to align with contemporary luxury standards, adding to the overall project cost.
Conflicting Price History: The discrepancy between the description's '$300k PRICE REDUCTION' and the listing price history showing a price increase could create confusion or skepticism among potential buyers regarding pricing transparency.

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