
West Hollywood, California 90048
This Prime Development Opportunity is listed at $1,795,000, aligning with its $1,780,619 Fair Market Value. Featuring a 6,617 Square Foot Lot in a premier West Hollywood Location within the Los Angeles Unified School District, the property carries a Poor Condition Rating and is sold strictly as-is for a total rebuild. Surrounded by multi-million dollar new constructions, the site offers immense potential for forced appreciation through a ground-up project. This high-upside asset is an ideal acquisition for Developers or Fix-and-Flip Investors seeking to maximize ROI in a supply-constrained market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 N Edinburgh Avenue Subject | $1,795,000* List Price | 4 | 2 | 2,058 | $858 | - |
A 6571 Colgate Avenue Sold | $1,670,000 | 3 | 2 | 1,676 | $996 | 0.6 mi |
B 138 S La Jolla Avenue Sold | $1,590,000 | 3 | 2 | 1,644 | $967 | 0.4 mi |
C 6402 Maryland Active | $1,990,000 List Price | 3 | 2 | 1,832 | $1,086 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1928 and marketed as a prime development opportunity, the property is described as needing significant work and being likely uninhabitable. The listing explicitly suggests a ground-up build or tear-down, with the value residing in the land and its location rather than the existing structure.
Situated in a highly desirable West Hollywood pocket surrounded by luxury remodels and new construction, ensuring high resale demand and strong neighborhood comps.
The 6,617 square foot lot provides a generous footprint for the area, offering ample space for a significant ground-up custom build or a large-scale expansion.
Positioned as a value-add opportunity, this property allows investors or developers to capture maximum equity by transforming a distressed asset into a modern luxury residence.
The property requires significant work and is likely uninhabitable in its current state, necessitating a full renovation or complete tear-down.
Sold strictly as-is with no repairs, credits, or concessions, placing the full burden of due diligence and immediate capital expenditure on the buyer.
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. 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 2,058 | 2,184 | 41% |
| Lot Size | 6,617 | 6,102 | 90% |
| Price | $1.79M | $2.50M | 18% |
| Price per sq ft | $872 | $1.1K | 18% |
| Built year | 1928 | 1928 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 173 | 12% |
Feb 25, 2026
$1,795,000
Initial Listing