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CA
Los Angeles
Los Angeles
90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
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$5,700,000

1223 N Edgemont Street, Los Angeles, CA, 90029

ACTIVE
7 Photos
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
Unsave
Save
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
1223 N Edgemont Street, Los Angeles, CA, 90029
Listing Agent: Paul Darrow
Listing Office: Paul Darrow
Attribution contact:

Information

Price: $5,700,000
Days On Market: 12
Year Build: 2019
MLS ID: 26684751
Status: Active

Details

Address: 1223 N Edgemont Street
County: Los Angeles
City: Los Angeles
Zip: 90029
State: California

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.**

Location

Listed By

Listing Agent

Paul Darrow

pdarrow@walkerdunlop.com
Paul Darrow

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The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 24th April, 2026 10:47 PM (UTC)