1236 N Edgemont St Los Angeles, CA 90029

Agent Remarks: 1236 North Edgemont Street is a charming five (5) unit property located in East Hollywood. The 4,820 square foot property is located on a HUGE 14,459 square foot lot zoned LAR3 in TOC Tier 3. Eighteen (18) units can be built by right, and up to thirty (30) units can be built with the TOC density bonus (BUYER TO VERIFY) or ADUs may be added in the rear. The property is made up of four (4) cottage style two bedroom, one bath units that have formal dining areas and their own private yards and in-unit washer & dryer units. There is one three bedroom one and a half two story unit and AMPLE parking available for all. The current owner has maintained the property well, replacing all plumbing to copper and updating all roofs. Each unit is separately metered for gas and electricity, and has its own H2O heater, keeping expenses low. The property is very well located just South of Fountain Ave. and West of Vermont Ave, in the East Hollywood area, adjacent to Virgil Village. It's within close proximity to everything Hollywood and Los Feliz have to offer; like Square One, The Good Good, Melody, Found Oyster, Friends & Family, and many other restaurants & bars! Moreover, the property is just minutes away from the 101 freeway and has many nearby public transportation options. This location is deemed a walkers paradise with a walk score of 93 out of 100, given its close proximity to restaurants, grocery stores, and every day necessities. Kaiser Permanente Hospital, Childrens Hospital and Los Angeles City College (LACC) are within one mile of the property as well as many Studios providing many local employment opportunities in the local area. Please note two adjacent lots are included in this sale APN: 5540-012-015 & 5540-012-017. Please do not disturb tenants!

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