5558 Edgewood Place, Los Angeles, California 90019, Los Angeles, 90019 - 6 bed, 8 bath
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Los Angeles, California 90019
This Mediterranean Estate represents a High-Potential Investment Opportunity, listed at a List Price of $2,550,000—positioned well above the $2,474,003 Fair Market Value by 3%. While priced slightly above market, the property offers a Mint Condition Rating following a comprehensive high-end renovation. Featuring six bedrooms and modern luxury finishes, this residence provides immediate lifestyle value in the heart of Miracle Mile. Its prime location near LACMA and the Academy Museum makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey luxury residence.
Property is new construction or fully renovated.
Despite the 1925 build date, the property has undergone a comprehensive high-end renovation within the last 5 years. The interior features a modern open-concept kitchen with premium stainless steel appliances, updated bathrooms, contemporary recessed lighting, and new flooring, placing it in mint, move-in-ready condition.
The property offers one of the lowest price-per-square-foot opportunities in the Miracle Mile area, providing significant scale and value for a luxury estate.
Ideally situated near major Los Angeles landmarks including LACMA, the Academy Museum, and The Grove, offering an unbeatable lifestyle and high walkability to world-class amenities.
The expansive floor plan includes six bedrooms plus three bonus rooms, and the availability of seller financing makes this a highly accessible and flexible opportunity for buyers.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The property does not offer any significant views, which may be a disadvantage for luxury buyers seeking scenic vistas of the city or surrounding landscape.
Originally built in 1925, the estate may require more intensive maintenance or updates to its older systems compared to modern luxury constructions.
Offering one of the lowest price-per-square-foot opportunities in the area, this exceptional estate presents a rare chance to own a substantial home in one of Los Angeles’ most sought-after neighborhoods. Competitively priced and positioned for a timely sale, this is an opportunity not to be missed. A timeless Mediterranean estate paired with modern luxury, this privately gated residence is ideally situated in the heart of Miracle Mile. Just moments from LACMA, the Academy Museum, Petersen Automotive Museum, La Brea Tar Pits, Beverly Hills, and The Grove, this exceptional property offers an unbeatable combination of location, scale, and value. The expansive home features six generously sized bedrooms, three versatile bonus rooms, and nine bathrooms, including a spacious primary suite with dual walk-in closets. You won't want to miss out on this one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 8.0 | 2.0 |
| Square foot | 4,537 | 1,672 |
| Lot Size | 6,252 | 6,067 |
| Price | $2.55M | $1.37M |
| Price per sq ft | $562 | $801 |
| Built year | 1925 | 1939 |
| HOA | $0 | $348 |
| Days on market | 32 | 56 |
Jun 20, 2026
$2,550,000
Initial Listing
May 7, 2024
$1,760,000
Public Record
Mar 28, 2018
$25,000
Public Record
Jun 10, 2016
$1,995,000
Public Record
Nov 17, 2004
$755,000
Public Record