5 months on rocket

1185 N Edgemont St, Los Angeles, CA, 90029

$1,700,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Baths
5,239 SqFt
$324/SqFt
House
Schools Nearby

Location

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1185 N Edgemont St, Los Angeles$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage, Gated
Garage2 spaces
Year Built1924
CoolingNone
MLS #23327939
Lot Size0.22 Acres
StatusActive

About 1185 N Edgemont St

Corner investment property consisting of stand alone 3+2 house with 2 car garage and gated driveway to park additional cars plus a stand alone 4 unit building consisting of 4 1+1 units. Large 9,504 SF Lot Zoned LARD1.5. Huge upside in rental income and lots of potential for a developer to develop into its highest and best use. Close proximity to Metro, 101 Freeway, Hollywood, Downtown, LA City College, several Hospitals and many shops and restaurants. Do not disturb tenants. Inspection with accepted offer only. Property is sold in its As-Is Where Is condition.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 0
  • Living Area: 5,239 SqFt

Listing Office:

  • Office Name: Sarkis Realty, Inc.
  • Office Phone: (323) 874-5100
  • Listing Agent: Ara S. Der Sarkissian

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Garage, Gated

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Helen Bernstein High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Joseph Le Conte Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Ramona Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: SW Corner of Edgemont and Lexington

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000
  • Price Per SqFt: $324/SqFt

Tax Information:

  • Annual Amount: $2,565
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1185 N Edgemont St vs Los Angeles

178 DAYS ON ROCKET

+144 Days

$1,700,000

+$724K More

$324/SqFt

-$304 Less

KEY TAKEAWAY

This property is $724K more than the Median Sold Price and $304/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23327939

Listing Office:

  • Office Name: Sarkis Realty, Inc.
  • Office Phone: (323) 874-5100
  • Listing Agent: Ara S. Der Sarkissian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,565$135,386
2020$2,510$133,999
2019$2,357$131,373
2018$2,274$128,798
2017$2,274$126,273

History based on county public records data.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3168214
3
/10

  • Ramona Elementary School

  • 1133 N Mariposa Ave

  • 0.23 miles

  • Public District Grades KG-6

school-card-donut-3168215
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.87 miles

  • Public Magnet Grades KG-6

school-card-donut-3168216
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.98 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3168217
4
/10

  • Joseph Le Conte Middle School

  • 1316 N Bronson Ave

  • 1.17 miles

  • Public Magnet Grades 6-8

school-card-donut-3168218
4
/10

  • Studio

  • 2211 W Avenue 30

  • 3.51 miles

  • Public District Grades 6-8

High School

school-card-donut-3168219
2
/10

  • Helen Bernstein High School

  • 1309 N Wilton Pl

  • 1.00 miles

  • Public District Grades 9-12

school-card-donut-3168220
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.18 miles

  • Public Magnet Grades 9-12

school-card-donut-3168221
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.56 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,319. Most Los Angeles, CA residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1185 N Edgemont St

What is the listing price of this property?

The listing price of 1185 N Edgemont St property is $1,700,000.

What type of property is this?

The property 1185 N Edgemont St is a house located in Los Angeles, California, 90029.

Is this property for sale now?

Active Listing: 1185 N Edgemont St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1185 N Edgemont St are:
Ramona Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Joseph Le Conte Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Helen Bernstein High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,565 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1185 N Edgemont St has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1185 N Edgemont St is 5,239 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1185 N Edgemont St is 1924.

Rocket Homes›California›Los Angeles County›Los Angeles›90029›1185 N Edgemont St

This home is located at 1185 N Edgemont St in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 5,239 square foot home, which was built in 1924, sits on a 0.22 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $1,700,000.

In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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