1051 North Edinburgh Avenue

West Hollywood, CA 90046

$2,995,000
Price
—
Beds
37,316 Sq. Ft.
$80 / Sq. Ft.
37,316
Sq. Ft.
$80
per Sq. Ft.

Description

New $605,000 Price Adjustment. $1,005,000 Total Adjustment. We are pleased to present the exclusive listing of a by right development opportunity. 1051 N Edinburgh Ave is a prime West Hollywood location nestled south of Santa Monica Blvd, east of Crescent Heights and west of Fairfax Ave. The proposed development project consists of 28 Market rate units and 7 affordable units, totaling 35 Units, within 37,316 sqft of gross floor area on 6,532 sqft of land & one level subterranean with the ability...New $605,000 Price Adjustment. $1,005,000 Total Adjustment. We are pleased to present the exclusive listing of a by right development opportunity. 1051 N Edinburgh Ave is a prime West Hollywood location nestled south of Santa Monica Blvd, east of Crescent Heights and west of Fairfax Ave. The proposed development project consists of 28 Market rate units and 7 affordable units, totaling 35 Units, within 37,316 sqft of gross floor area on 6,532 sqft of land & one level subterranean with the ability to do automated parking for a total of 22 spaces. The Development project was submitted prior to West Hollywood's compliance of their housing element and is one of only four projects in the city that were submitted under the Housing Accountability Actsection of the California Government Code that has been colloquially labeled the Builder's Remedy. The project can be designed as anything between 25 and 35 units so long as 20% of the total are affordable or does not veer 20% or more from the square footage of the submitted SB330 Application (CA Building Code Square Footage)Per Costar, there are 10 projects under construction consisting of 5-43units within .4 miles of Edinburgh. Even if you reduced the density to25 units to achieve larger units, 1051 n Edinburgh would have the 2ndlargest unit count of the under-construction projects allowing for a valuable mid-size asset in a superb location. Additionally, there were only 6 projects that have been completed within mile of the subject property in the last 5 years. Introducing only 171 new units to cater to those who want to live the sought-after West Hollywood lifestyle. Upon completion, new construction projects are primed to command top rentals seen by the six (6) new construction projects recently completed. The existing improvements consist of a duplex comprised of two separate structures with a 2+1 and a 1+1 built in 1923 situated on a 6,532 square foot lot, delivered vacant at close of escrow. Buyer to verify all information including but not limited to proposed development unit count and SF independently and with listing broker
  1. Listed by Eliyahu Appel • DRE #01918652 • Brokerage DRE #00530854 • Marcus & Millichap
  2. Listed by Adam Kanizo • DRE #02008361 • Brokerage DRE #01242007 • LND Realty

Property Details for 1051 North Edinburgh Avenue

Parking Spaces Total
22
Total Units
35.0
Building Area Total
37316
Stories Total
8
Association Fee
$.00
Zoning
WDR3C*
Parcel Number
5529015048
Area
West Hollywood Vicinity (C10)

Location

Listing Courtesy of Marcus & Millichap, Eliyahu Appel, DRE #01918652; LND Realty, Adam Kanizo, DRE #02008361
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Property Details for 1051 North Edinburgh Avenue

StatusActive
MLS #23326179
Days on Market280
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeCommercial Sale
Year Built2025
Lot Size0.15 AC / 6,534 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Eliyahu Appel, DRE #01918652; LND Realty, Adam Kanizo, DRE #02008361
Add your commute

Building Information for 1051 North Edinburgh Avenue

Stories8Residences-Year Built2025Lot Size0.15 AC / 6,534 SF

Payment Calculator

$17,835 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,345

Property Taxes

$1,490

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1051 North Edinburgh Avenue

Property / Structure Info
Property / Structure Info
  • Asset Class: Land/Unimproved
Unit Information
Unit Information
  • Number Of Buildings: 1

Property History for 1051 North Edinburgh Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1051 North Edinburgh Avenue

Taxable ValueLand$1,040,000Additions$360,000Total$1,400,000
Tax Record2023$17,883 ($1,490 / month)
Home Facts
Total Finished SqFt1,815 SqFtAbove Grade Finished SqFt1,815 SqFtLot Size6,532 SqFtStyleDuplexYear Built1923ZoningWDR3C*CountyLOS ANGELESAPN5529-015-048

Schools near 1051 North Edinburgh Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Whitman Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1051 North Edinburgh Avenue is for sale in West Hollywood, CA 90046. This property was listed for sale on July 24, 2023 by Marcus & Millichap, it's currently listed at $2,995,000. It has been on the market for a total of 280 days and was last sold on October 5, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Laurel Elementary School, Fairfax Senior High School and West Hollywood Opportunity School. 1051 North Edinburgh Avenue is a 0-bed, 0-bath, 37,316 sqft built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Eliyahu Appel, DRE #01918652; LND Realty, Adam Kanizo, DRE #02008361

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.