$2,400,000
903 N Edgemont Street, Los Angeles CA 90029
Multi-Family (22 Units)
Property type
42 days
On market
$419
Price per sqft
1 car
Garage
1920
Year built
6,304 sqft
Lot size
Open Houses
Overview
AMAZING INVESTMENT - MONEY MAKER! Truly a Unique Opportunity! City Approved, Boarding House is being offered for sale for the FIRST TIME in Decades! With 22 bedrooms, 8 bathrooms, 2 kitchens and several parking spaces, this is a RARE Opportunity. Located IDEALLY near East Hollywood, this 1920's Pre-Depression Home is in High Demand. This has Development Potential!!! All...
Listing provided by: Jonathan Jay DRE #01979786 323-660-3600, Bruce Jay Associates
Listing updated: May 13, 2026 at 08:03pm.
Last checked: Jun 4, 2026 at 06:00am
Source: CRMLS #26789431
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 22 | 1 | 0 | — | $1,000 | $15,500 | $22,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 22
Financial Snapshot
Gross Rent Multiplier
12.9x
List Price / Annual Gross Rent
Cap Rate
5%
NOI / List Price
Net Operating Income: $171,000
Exterior
Architectural Style: Contemporary
Stories Total: 0
Levels: Two
Roof: Composition
Direction Faces: West
Lot Features: Front Yard
Garage and Parking
Parking: Carport
Garage Spaces: 1
Uncovered Spaces: 1
Parking Total: 2
Lot Information
Land Lease: No
Parcel #: 5538013018
Zoning: LARD2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 903 N Edgemont Street, Los Angeles, CA 90029. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,920,000
Total Interest
$2,448,854
Total Payment
$4,368,854
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,786
per month
Property History for 903 N Edgemont Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90029.
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