Millman Team Real Estate

$1,395,000
0.22 Acre Lot

1185 Edgemont, Los Angeles, California 90026

  • Residential Income Property Type
  • 1924 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
BB25226762
$1,395,000
1924
0.22 Acre
Active
1
Mixed Use
Features
: None
: None
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90026
Edgemont
1185
Corner of Edgemont and Lexington
C20 - Hollywood
Additional Information
$0
$0
$0
$0
$0
5239
: Sidewalks, Street Lights
1
2.0
: 0-1 Unit/Acre
5
2025-09-29
1595000
2
: Public
Broker/Agent Information
Real Brokerage Technologies
Eric Benz
Listing Information
Courtney McCarson
BB41424
BH5345863
Real Brokerage Technologies
B36148
BH5345863
Cash to New Loan,1031 Exchange
Active
2026-01-16T19:02:17Z
CRMLS
: Trust
2025-09-29T15:12:15Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us