360 N Edinburgh Avenue, Los Angeles, California 90048, Los Angeles, 90048 - 4 bed, 2 bath
ACTIVE$1,799,000
360 N Edinburgh Avenue, Los Angeles, California 90048
4Beds
2Baths
2,058Sqft
6,617Lot
Year Built
1928
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$874
HOA
-
Days on market
-
Sold On
-
MLS number
25619731
Home ConditionTear down
Features
View-
About this home
Great Deal:The estimated price is 6% above the list price. We found 3 Cons,6 Pros. Rank: price - $1.80M(15th), sqft - 2058(42th), beds - 4(50th), baths - 2(27th).
Prime development and investor opportunity in a highly desirable location surrounded by remodeled homes and new construction. The interior needs significant work, making this ideal for developers, investors, or buyers seeking a full remodel or ground-up build. Property will be sold strictly as-is with no repairs, no credits, no concessions, and no showings; drive-by only. Buyers must conduct all due diligence independently prior to submitting an offer, including inspections, zoning, and redevelopment possibilities. Perfect for a value-add project, tear-down, or custom new build.
Nearby schools
7/10
Hancock Park Elementary School
Public,•K-5•0.6mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,•K-6•0.7mi
5/10
Carthay Center Elementary
Public,•K-5•1.4mi
9/10
West Hollywood Elementary School
Public,•K-5•1.6mi
3/10
Laurel Elementary School
Public,•K-8•0.8mi
8/10
Horace Mann Elementary School
Public,•K-8•1.4mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.7mi
7/10
John Burroughs Middle School
Public,•6-8•1.8mi
8/10
Beverly Vista Elementary School
Public,•K-8•2.0mi
7/10
Fairfax Senior High School
Public,•9-12•0.4mi
9/10
Beverly Hills High School
Public,•9-12•2.9mi
Price History
Date
Event
Price
11/17/25
Listing
$1,799,000
Condition Rating
Tear down
Built in 1928, this property is nearly a century old. The listing explicitly states, 'The interior needs significant work, making this ideal for developers, investors, or buyers seeking a full remodel or ground-up build. Property will be sold strictly as-is with no repairs, no credits, no concessions, and no showings; drive-by only.' It also suggests it's 'Perfect for a value-add project, tear-down, or custom new build.' This, combined with the 'Advanced Age of Structure' and the lack of interior access, strongly indicates the existing structure is considered beyond economical repair for most buyers, with its value primarily in the land for redevelopment. The exterior image shows an older home with unkempt landscaping, consistent with a property that has not seen significant recent investment.
Pros & Cons
Pros
Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Premier Location: Situated in a highly desirable Los Angeles neighborhood (Beverly Center-Miracle Mile, 90048), known for its strong market and amenities.
High Development Potential: Explicitly positioned as a prime opportunity for developers, investors, or buyers seeking a full remodel or ground-up new build.
Strong Neighborhood Growth: Surrounded by recently remodeled homes and new construction, indicating a robust and appreciating local real estate market.
Generous Lot Size: A 6,617 sqft lot provides ample space for a substantial custom home or significant redevelopment.
Investment Value: Listed below the estimated property value, offering potential for immediate equity or a strong return on investment post-development.
Cons
Significant Renovation Required: The property's interior needs substantial work, necessitating a major capital investment for renovation or a complete tear-down.
Strict 'As-Is' Sale & Limited Access: Offered strictly 'as-is' with no repairs, credits, or concessions, and no physical showings (drive-by only), posing considerable risk and due diligence challenges for buyers.
Advanced Age of Structure: Built in 1928, the existing structure is dated, likely requiring extensive updates to systems and infrastructure, or complete demolition.