Located in an up-and-coming pocket of Hollywood, this five-unit property presents an excellent opportunity for investors and developers alike. Four of the five units are currently tenant-occupied, with one unit vacant and ready to lease or reimagine. Anchoring the property is a spacious single-family home featuring 3 bedrooms, 2 bathrooms, a 2-car garage, and driveway parking. Along Lexington, you’ll find four 1-bedroom units that add consistent rental potential.
Sitting on a lot just over 9,000 sq. ft. and zoned LARD1.5, the property offers significant upside in rental income as well as long-term development potential to maximize its highest and best use. Its prime location places it close to the Metro, the 101 Freeway, Hollywood attractions, LA City College, multiple hospitals, Downtown Los Angeles, and an array of shops and restaurants.
Bring your vision and passion to this evolving neighborhood and unlock the full potential of this unique investment opportunity.
For sale
Listed by: Real Brokerage Technologies • Eric Benz • Contact: 818-693-2575
$1,290,000
1185 N Edgemont St, Los Angeles, CA 90029
7beds
6baths
5,239sqft
:
Get pre-qualified$8,581/mo
Mixed Use
Built in 1924
-- sqft lot
$-- Zestimate®
$246/sqft
$-- HOA
What's special
Driveway parking
- 38 days |
- 274 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Eric Benz DRE #01272171 818-693-2575,
Real Brokerage Technologies
Source: CRMLS,MLS#: BB26136227
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,239
- Total interior livable area: 5,239 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 9,504 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5540027018
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $146,543
- Annual tax amount: $2,809
- Date on market: 6/22/2026
- Listing terms: Cash to New Loan,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
$4,504/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Listed for sale | $1,290,000-24.1%$246/sqft |
Source:  CRMLS #BB26136227 Report a problem | ||
| 5/2/2024 | Listing removed | -- |
Source:  CLAW #23-327939 Report a problem | ||
| 11/2/2023 | Listed for sale | $1,700,000$324/sqft |
Source: CLAW #23-327939 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,809 +2.3% | $146,543 +2% |
| 2024 | $2,746 +1.3% | $143,670 +2% |
| 2023 | $2,712 +3.3% | $140,854 +2% |
| 2022 | $2,624 +2.3% | $138,093 +2% |
| 2021 | $2,565 -0.3% | $135,386 +1% |
| 2020 | $2,574 | $133,999 +2% |
| 2019 | $2,574 +9.2% | $131,373 +2% |
| 2018 | $2,357 | $128,798 +2% |
| 2017 | $2,357 +3.7% | $126,273 +2% |
| 2016 | $2,274 +5.1% | $123,798 +1.5% |
| 2015 | $2,164 -0.9% | $121,940 +2% |
| 2014 | $2,183 | $119,553 +4.5% |
| 2011 | -- | $114,394 +0.5% |
| 2009 | -- | $113,811 +2% |
| 2008 | -- | $111,581 +4% |
| 2006 | -- | $107,250 |
| 2005 | -- | $107,250 +4% |
| 2004 | -- | $103,087 +3.9% |
| 2002 | -- | $99,216 +4% |
| 2000 | -- | $95,365 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hollywood
Nearby schools
GreatSchools rating
- 7/10Ramona Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Joseph Le Conte Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Helen Bernstein High SchoolGrades: 9-12Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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