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$5,700,000

For Sale

9 days ago

1223 N Edgemont St, Los Angeles, CA

House

MLS® 26684751

0 Bed

0 Bath

--

13 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 8
Lot Size 
Approx. Age 2019
MLS® Number 26684751

Property Address: 1223 N Edgemont St, Los Angeles, CA, 90004

Average square foot calculated using Size range provided by listing agent.

Description

1223 N. Edgemont Street is a newly constructed, 14-unit multifamily community located steps from the Fountain Avenue Corridor in East Hollywood, one of Los Angeles' most supply-constrained rental submarkets. Built in 2019, the property features two-story loft-style units with high-end finishes and is not subject to rent control (AB 1482 exempt), providing long-term operational flexibility. The property is currently 100% occupied with strong tenant retention. In-place rents remain below market, offering a clear mark-to-market opportunity without the need for renovations or repositioning. With no immediate capital expenditure required, the asset presents an opportunity to acquire a stabilized, newer construction property with embedded upside. Located in a highly walkable area, residents benefit from proximity to the Fountain Avenue retail corridor and major employment anchors including Kaiser Permanente, Children's Hospital Los Angeles, and Hollywood Presbyterian Medical Center. **Please fill out the Confidentiality Agreement and email the listing agent the executed document to gain access to the OM.**
MLS® Number26684751
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2019
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$5,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
1223 N Edgemont St, Los Angeles, CA

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