$1,499,000

1120 W Edgeware Road, Los Angeles, CA 90026

  • 4 beds
  • 2,636 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $569/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Built in 1925 and situated in the heart of Angelino Heights, one of Los Angeles' most storied and protected Historic Preservation Overlay Zones, this triplex delivers the rare combination of historic character and investment performance that serious buyers spend years chasing. Three spacious 2-bedroom, 1-bathroom units all with hardwood floors, French doors, original built-ins, in-unit laundry, private outdoor spaces, and west-facing views of the hills. The 1920s bones have been preserved where they matter most and updated where they count: newer roof, windows, electrical upgrades, and refreshed appliances. The numbers are compelling. At a $1,500,000 purchase price, the property could generate $148,800 GOI with a cap rate of 7.48%, based on property tax and insurance expenses only. Two leased units are currently below market at $3,700 and $3,400 per month, with upside potential as leases turn. The top unit (delivered vacant) has an estimated $4,200 rent per month for a combined monthly income of $11,300 creating immediate cash flow, with additional NOI growth built in as rents are brought to market. For the owner-user, the value proposition is equally strong: live in the top unit and let the bottom two service the debt, with built-in equity from day one. Steps from Echo Park Lake

Listing Status:
Active
Date Added:
April 1, 2026
Data Last Updated:
April 5, 2026 at 2:07AM
Listing Office:
Sotheby's International Realty : 323-665-1700
Listing Agent:
Emily Johnson : 323-314-8908
MLS ID:
CL26672361
  • Laundry: DryerWasher
  • Flooring: Wood
  • Heating: Wall Furnace
  • Parking: Street ParkingParking spaces: 0
  • County: Los Angeles
  • Zoning: LARD25405007013
  • View: City LightsHillsView

This listing courtesy of Emily Johnson , Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Betty Plasencia Elementary

1321 Cortez St, Los Angeles, CA, 90026

Grades KG-5

0.30 miles away

L

Logan Academy of Global Ecology

1711 Montana St, Los Angeles, CA, 90026

Grades KG-8

0.57 miles away

R

Roybal Learning Center

1200 Colton St, Los Angeles, CA, 90026

Grades 9-12

0.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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