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843 N Edgemont Street, Los Angeles, California 90029, Los Angeles, 90029 - 3 bed, 2 bath

843 N Edgemont Street, Los Angeles, California 90029 home-pic-0
ACTIVE$999,000
843 N Edgemont Street, Los Angeles, California 90029
3Beds
2Baths
1,512Sqft
6,262Lot
Year Built
1916
Close
-
List price
$999K
Original List price
$1.1M
Price/Sqft
$661
HOA
-
Days on market
-
Sold On
-
MLS number
SR25142039
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $999.0K(52th), sqft - 1512(43th), beds - 3(50th), baths - 2(50th).

BOM buyer would not qualified. Subject to cancellation of escrow. We don’t accept blind offers. Just reduced over $100,000 price to sell. Opportunity Knocks in Prime Hollywood – Just Minutes from Netflix HQ! And Los Angeles City College. Don’t miss this rare chance to restore and customize a charming residence in the heart of Hollywood. Located near Los Feliz, Silver Lake, and Griffith Park, this gated home blends original character with exciting upside potential. Featuring 3 bedrooms and 2 bathrooms across 1,512 sq ft, the home offers original built-ins, hardwood flooring, a formal living room with fireplace, and a separate dining area. An additional unfinished space (buyer to verify with the city) offers a potential bonus for added square footage or rental income. Set on a 6,262 sq ft lot, the backyard is private and surrounded by mature trees, with an open patio ideal for relaxing or entertaining. The detached rear structure presents an excellent opportunity to build out an ADU (Accessory Dwelling Unit). The property is secured with a gated entrance and security cameras and does need extensive remodeling—perfect for investors, or home flippers looking for a smart project in a sought-after location. Property may not qualify for FHA or VA financing – please confirm with your lender.

Nearby schools

3/10
Ramona Elementary School
Public,•K-6•0.4mi
5/10
Kingsley Elementary School
Public,•K-5•0.5mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•0.5mi
6/10
Dayton Heights Elementary School
Public,•K-5•0.6mi
/10
Lexington Avenue Primary Center
Public,•K-2•0.6mi
4/10
Alexandria Avenue Elementary School
Public,•K-5•0.7mi
3/10
Harvard Elementary School
Public,•K-5•0.8mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•1.0mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•1.0mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.1mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.2mi
5/10
Cahuenga Elementary School
Public,•K-5•1.2mi
4/10
Grant Elementary School
Public,•K-6•1.3mi
6/10
Charles H. Kim Elementary School
Public,•K-5•1.3mi
5/10
Virgil Middle School
Public,•6-8•1.0mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.1mi
3/10
Joseph Le Conte Middle School
Public,•6-8•1.3mi
4/10
Young Oak Kim Academy
Public,•6-8•1.7mi
7/10
John Burroughs Middle School
Public,•6-8•2.8mi
4/10
Helen Bernstein High School
Public,•9-12•1.1mi
8/10
John Marshall Senior High School
Public,•9-12•1.8mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.9mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.9mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.9mi
6/10
Hollywood Senior High School
Public,•9-12•2.5mi
3/10
Belmont Senior High School
Public,•9-12•2.6mi
7/10
Fairfax Senior High School
Public,•9-12•3.7mi

Price History

Date
Event
Price
11/19/25
Price Change
$999,000-9.2%
06/24/25
Listing
$1,100,000
Condition Rating
Poor
Built in 1916, the property explicitly states it 'does need extensive remodeling' and 'may not qualify for FHA or VA financing,' indicating significant structural or system deficiencies. Images reveal severely outdated interiors, including a bare bulb light fixture, patchy walls, and what appears to be plywood flooring in one room. The kitchen and bathrooms are not clearly shown but are highly likely to be in similar poor condition, requiring complete renovation. The overall state suggests substantial repairs and rehabilitation are necessary for safety and habitability.
Pros & Cons

Pros

Prime Hollywood Location: Situated in a highly desirable Hollywood neighborhood, offering proximity to major employers like Netflix HQ, Los Angeles City College, and vibrant areas such as Los Feliz, Silver Lake, and Griffith Park.
Significant Development Potential: Features an additional unfinished space for potential square footage expansion and a detached rear structure ideal for an Accessory Dwelling Unit (ADU), offering substantial upside for rental income or increased living space.
Historic Charm & Original Features: Retains desirable original character with built-ins, hardwood flooring, and a formal living room with a fireplace, appealing to buyers seeking a home with historical charm.
Generous & Private Lot: Sits on a spacious 6,262 sq ft lot with a private, tree-lined backyard and an open patio, providing ample outdoor space for relaxation and entertaining.
Investment/Renovation Opportunity: Presents a compelling opportunity for investors or owner-occupants looking to restore and customize a property in a sought-after location, with recent price reduction enhancing its appeal.

Cons

Extensive Remodeling Required: The property is explicitly stated to need 'extensive remodeling,' indicating significant time and financial investment will be necessary for renovation.
Limited Financing Options: May not qualify for FHA or VA financing, which could restrict the pool of eligible buyers and potentially prolong the sales process.
Prior Escrow Complications: A previous buyer failed to qualify, and the seller does not accept blind offers, suggesting potential challenges related to the property's condition or buyer qualification.

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