$4,500,000
$300K PRICE DROP

1010 N Edinburgh Ave West Hollywood, CA 90046

Estimated payment $26,891/month

Total Views 1,375
0.28 Acre
$16,071,429 Price per Acre
12,197 Sq Ft Lot

About This Lot

We are pleased to present a rare and flexible multifamily development opportunity at 1006 & 1010 N Edinburgh Avenue, ideally located in the heart of West Hollywood. The offering consists of two contiguous parcels totaling approximately 12,373 square feet of flat land, with dimensions of approximately 99 feet by 126 feet. Each parcel is currently improved with a tenant-occupied single-family residence. This prime development site offers three distinct and highly compelling paths forward: By Right: Construct 10 townhomes or(small lot subdivision units) Architectural plans for this scenario have already been prepared and are available for review.AB-1287: Pursue a 22-unit multifamily project across three stories, utilizing the benefits of California's new density bonus law.AB-2345 (100% Affordable): Maximize the site's potential with a high-density development of approximately 80 units across six or more stories. This option is ideal for affordable housing developers looking to capitalize on state and local Incentives. Take advantage of an already approved 17-unit project and save significant entitlement time by utilizing the existing approvals. Developers can amend or submit a supplemental plan to build upon the current entitlements and expedite the permitting process. Zoned R3-B and located in a Tier 3 zone and High Quality Transit Corridor, the site qualifies for substantial development incentives. The base zoning allows for 11 units, and AB-1287 and AB-2345 offer additional density, height, and parking flexibility for eligible projects. The site's transit-accessible location, coupled with aggressive state and local programs, makes it especially well-suited for both market-rate and affordable housing development. Just steps from Melrose Avenue and near The Grove, Runyon Canyon, the Sunset Strip, and LACMA, the property is situated in one of the most vibrant and walkable areas of Los Angeles. This location supports strong demand for a wide range of housing types and offers residents unparalleled access to retail, dining, transit, and recreation. Located just one block from Santa Monica Boulevard, this offers direct access to West Hollywood's premier restaurant and entertainment district, placing residents within walking distance of acclaimed dining spots, nightlife venues, and cultural attractions.

Listing Agent

Jordan Petito

Keller Williams Beverly Hills License #02023714 Listed on: 06/18/2025

Keller Williams Beverly Hills

Co-Listing Agent

Dario Svidler

Keller Williams Beverly Hills License #01884474

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,023

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 99x126
  • Property is zoned R3-B

Property Views

  • City Lights Views

Listing and Financial Details

  • Assessor Parcel Number 5529-014-044

Property Details

Property Type

Land

Est. Annual Taxes

$29,023

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2800
  • Lot Dimensions: 99x126
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, City Lights
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5529-014-044
  • Lot Size Area: 12373
  • Potential Usage: Market-rate townhomes, Moderate-income multifamily projects or Large-scale affordable housing developments
  • Present Use: Two tenant-occupied single-family residences

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,023 $2,418,889 $2,418,889 --
2024 $29,023 $2,371,460 $2,371,460 --
2023 $28,475 $2,324,961 $2,324,961 $0
2022 $26,995 $2,279,374 $2,279,374 $0
2021 $26,716 $2,234,681 $2,234,681 $0
2019 $25,827 $2,168,400 $2,168,400 $0
2018 $19,128 $1,573,605 $1,258,884 $314,721
2016 $2,395 $150,163 $105,220 $44,943
2015 $2,364 $147,908 $103,640 $44,268
2014 $2,371 $145,011 $101,610 $43,401
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $4,500,000 -6.3% --
06/18/2025 06/18/25 For Sale $4,800,000 0.0% --
03/07/2025 03/07/25 Rented $4,495 0.0% --
03/06/2025 03/06/25 Under Contract -- -- --
02/24/2025 02/24/25 Price Changed $4,495 -10.0% $3 / Sq Ft
01/27/2025 01/27/25 Price Changed $4,995 -9.2% $4 / Sq Ft
01/16/2025 01/16/25 For Rent $5,500 +37.7% --
12/28/2020 12/28/20 Rented $3,995 0.0% --
10/28/2020 10/28/20 For Rent $3,995 -0.1% --
05/04/2019 05/04/19 Rented $4,000 -16.7% --
04/08/2019 04/08/19 For Rent $4,800 0.0% --
03/30/2016 03/30/16 Sold $1,512,500 -6.9% $1,200 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $1,625,000 -- $1,290 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,250,000 Provident Title Company
Grant Deed $1,512,500 Equity Title Company
Interfamily Deed Transfer -- Lawyers Title La
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $831,875 Adjustable Rate Mortgage/ARM
Previous Owner $492,624 New Conventional
Previous Owner $490,000 Credit Line Revolving
Source: Public Records

Source: The MLS

MLS Number: 25550957

The MLS

APN: 5529-014-044