Prime opportunity for both investors and owner-users in the heart of East Hollywood. 1309 N Edgemont St currently features four spacious 2-bedroom, 1-bath units that can be reconfigured into eight 1-bedroom, 1-bath units - ideal for maximizing rental income or creating flexible living spaces. The deep lot also offers excellent development potential, with the ability to build up to four additional units or ADUs in the rear. Live in one unit and rent out the rest, or redevelop the entire property for strong long-term returns. Centrally located near Los Feliz, Silver Lake, and Hollywood, this property offers easy access to major employers, schools, and public transit. A rare find for an owner-user or investor seeking value, versatility, and growth potential in one of Los Angeles's most sought-after rental markets.