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1206 N Edgemont St, Los Angeles, CA 90029
Image 2 for 1206 N Edgemont St, Los Angeles, CA 90029
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1206 N Edgemont St Los Angeles, CA 90029

$1,700,000 Sold Price as of 09/02/2022
  • 4 Beds
  • 4 Baths
  • 4,208 Sq.Ft.
Sold
$1,700,000 Sold Price as of 09/02/2022 Refinance Your Mortgage
Map preview of 1206 N Edgemont St, Los Angeles, CA 90029

Property Overview: 1206 N Edgemont St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 4,208 living square feet and 6,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming 4 unit building in East Hollywood. Built in 1922. All units will be vacant. Large 1 bedroom units with dining rooms, hardwood floors, service porches. There are two double garages & storage room in the rear. The building is approx. 4,208 sq.ft. and land is 6,250 sq.ft. Development potential with R3 zoning and Tier 3 TOC designation, Opportunity Zone area.

Listed by Charles Lazar | BRE #00426953 | AOA Commercial Brokerage
Last checked: 5 minutes ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,250
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22164225
City
Los Angeles
County
Los Angeles
Time on Site
838 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.04
  • Gross Scheduled Income: --
  • Net Operating Income: $61,452
  • Gross Operating Income: $105,600
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1206 N Edgemont St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete, Driveway
Property Information
  • Total # of Units: 4
  • Parcel Number: 5540012007
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North Edgemont, between Fountain Ave. & Santa Monica Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 1206 N Edgemont St

Last sold for $1,700,000 on September 2nd, 2022

  • September, 2022

  • Sep 2, 2022

    Date

    Sold

    CRMLS: 22164225

    $1,700,000

    Price

  • Jun 3, 2022

    Date

    Active

    CRMLS: 22164225

    $1,799,000

    Price

  • September, 1994

  • Sep 29, 1994

    Date

    Sold (Public Records)

    Public Records

    $245,000

    Price

Show More

Tax History for 1206 N Edgemont St

Assessed Value (2020): $376,262
Year Land Value Improved Value Assessed Value
2020 $239,582 $136,680 $376,262

Home Value Compared to the Market

This property vs the competition

1206 N Edgemont St sold on September 2, 2022 for 60.62% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $427.52 per/sqft which puts the price per square foot 40.95% lower than the current median sale per square foot for the city of Los Angeles.

About 1206 N Edgemont St

Detailed summary of property

1206 N Edgemont St is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 4,208 living square feet, and sits on an approximately 6,250 square foot lot. 1206 N Edgemont St was first listed on ArdentRealEstateGroup.com on June 3, 2022. The homeowner sold the property for $1,700,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 60.62% higher than the current median priced home. Local homes that are currently for sale include 5015 Franklin Ave, 1920 N Alexandria Ave and 4354 Prospect Ave. While the average home in Los Angeles, CA is selling in 106 days, 1206 N Edgemont St has a days on market of 17 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1206 N Edgemont St Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1206 N Edgemont St

Public county record property details
Beds
4
Baths
4
Year built
1922
Sq. Ft.
4,208
Lot Size
6,250
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
42
APN
5540-012-007

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,022,990
Median List Price/Sq.Ft.
$737
Median Sold Price
$672,500
Median Sold Price/Sq.Ft.
$724
Total Inventory
32
Median Sale to List Price %
105.24%
Avg Days on Market
16
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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