1309 N Edgemont St, Los Angeles, CA | Hollywood

  • $1,895,000
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 5544
  • Sq Ft.
  • 1925
  • Year Built
FOR_SALE
1309 N Edgemont St, Los Angeles, CA | Hollywood
  • $1,895,000

Description

About This Property

Home for Sale in Hollywood, CA
Incredible Quadruplex Investment Opportunity in the Heart of Hollywood. This is your chance to secure a prime multi-family property in one of Los Angeles’ most sought-after neighborhoods, offering unbeatable potential for both stable income and long-term appreciation. Located near the vibrant hubs of Los Feliz, Silver Lake, Westlake, and Koreatown, this quadruplex provides the ultimate combination of location, value, and upside potential — a rare find in today’s competitive market. The property boasts a total of 5,544 square feet, with each of the four spacious units measuring 1,386 square feet. Each unit is thoughtfully designed with 2 bedrooms and 1 bathroom, offering tenants a comfortable and well-appointed living space. Every unit also includes a private laundry area for added convenience, along with 2 dedicated parking spaces, ensuring tenant satisfaction and retention. Currently generating a robust Net Operating Income (NOI) of $54,951 annually, the property is listed at $1,895,000, resulting in an impressive Cap Rate of 2.9%. However, this is only the beginning—there is a 40% upside potential on the rents, providing substantial opportunity to increase cash flow and significantly boost your returns. With the demand for rental properties at an all-time high in this thriving part of Hollywood, this quadruplex is a prime opportunity for investors looking to add substantial value to their portfolio. Whether you’re seeking a high-demand location for stable income or a property with tremendous growth potential, this offering is one you simply cannot afford to overlook. Don’t wait — this is the investment that could define your future success. Act now and seize the opportunity before someone else does, or regret it for the rest of your life.


Facts & Features

Interior

Heating

  • Heating features:

Cooling

  • Cooling features:

Appliances

  • Laundry features: Laundry Room, Laundry Room


Property

Parking

  • Total spaces: 0
  • Parking features: Driveway, Gravel, Paved
  • Covered spaces: 0

Property

  • Levels: Two
  • Stories: 2
  • Entry location: front door

Lot Features:

2-5 Units/Acre


Utilities

  • Sewer information: Public Sewer
  • Water information: Public


Community & Neighborhood

Local Schools

  • Ramona Elementary School
    • Distance: 0.4
    • Rating: 3
    • Level: Elementary
    • Grades: K-5
    • Link: https://www.greatschools.org/california/los-angeles/2337-Ramona-Elementary-School/
    • Type: Public
  • Joseph Le Conte Middle School
    • Distance: 1.2
    • Rating: 4
    • Level: Middle
    • Grades: 6-8
    • Link: https://www.greatschools.org/california/hollywood/2188-Joseph-Le-Conte-Middle-School/
    • Type: Public
  • STEM Academy at Bernstein High
    • Distance: 1
    • Rating: 7
    • Level: High
    • Grades: 9-12
    • Link: https://www.greatschools.org/california/los-angeles/26991-STEM-Academy-At-Bernstein-High/
    • Type: Public
  • High School District:

 

Other financial information

  • Buyer agency compensation:

Listing Provided by: KASE Real Estate, Gerardo Garcia Macias

 

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (“CRMLS”) and is protected by all applicable copyright laws. Information provided is for viewer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Details

Property ID
DW24235236
Bedrooms
8
Bathrooms
4
Property Size
5544 Sq Ft.
Land Area
6,517 sqft Sq Ft.
Year Built
1925
Updated on December 15, 2024 at 3:20 am

Address

  • Address 1309 N Edgemont St
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90027
  • Area Hollywood
  • Country US

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