CA > Los Angeles
Los Angeles, CA 90027,4301 Melbourne AVE
Los Angeles, CA 90027,4301 Melbourne AVE
Los Angeles, CA 90027,4301 Melbourne AVE
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$1,990,000
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6,799 Sqft Lot
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4301 Melbourne AVE Los Angeles, CA 90027

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25159378

HOA Y/N No

Year Built 1930

Lot Size 6,799 Sqft

Property Sub-Type Mixed Use

Property Description

Beautiful 1929 Sixplex, with significant ADU potential, in prime Los Feliz location. The property boasts a sunny South-facing corner lot with excellent exposure. Ideal for investors and 1031 exchange buyers. Each one-bedroom/one-bath unit comes with its own garage space. Possible Opportunity to add two, 2-bedroom, ADU's above the existing garage. Located within the highly ranked and sought after Franklin Elementary School district, with unbeatable access to major employment hubs such as Downtown LA, Hollywood & Koreatown, and just moments from attractive lifestyle amenities such as Griffith Park and the vibrant Hillhurst Avenue — home to some of LA's most popular cafes, restaurants, and boutiques. Plumbing water lines were replaced with copper pipes recently. All units feature private patios, adding to tenant appeal! The property is fully occupied and generating steady income, with room for future rent growth. Please note that this is Drive-By Only; we kindly request that you Do Not Disturb The Tenants. Interior access with accepted offer. Financials available upon request. Subject to Los Angeles Rent Stabilization Ordinance (LARSO). This is a great opportunity to acquire a magnificent property! Don't miss it!

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Zoning LAR2

Interior

Fireplaces Type See Remarks

Fireplace Yes

Laundry None

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Urban

Total Parking Spaces 6

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5591024025

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Owner Will Carry

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Owner Will Carry

Special Listing Condition Standard

CRMLS – RECore
Listed by Dennis Chernov The Agency 424-230-3700

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agent

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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