If you know how to do it. Remove the screen magnetic cover of your iMac and trace the sound. That would tell you where it's coming from.
1- I am not sure if Apple guys really replaced everything
2- It could be faulty RAM ? ( Although I doubt )
3- You haven't confirmed if the sound was reproducible when Apple guys checked it
4- If you have bootcam, boot under Windows and check if it's happening
5- DVD drive ? But you said it's coming from the left side
6- Check your electricity voltage; Mine on UPS starts buzzing ( sound from LCD panel )
I don't really know how to do that - and I'd be pretty nervous of breaking something.
1. Neither am I.
2. Not sure... diagnostic test at apple store said everything was ok.
3. They said they couldn't hear it - but it doesn't happen immediately from 'cold'
4. Don't have Windows, but pretty sure it would happen here too - due to it happening before OSX reboots.
5. It seems to be coming from the left side - lower part below screen (to me)
6. I will try different power and let you know.
Thanks,