Active

4319 Melbourne Ave

Los Angeles CA, 90027

$1,259,000


$719.43 per sqft

Active

4 Beds

2 Baths

1,750 sqft

Multi-family

Built in 1908

Ask me for the FliPro report for maximum build and development potential! Per the report "By Right", "Transit Bonus" and "Density Bonus" all apply. Prime Los Feliz Location on a Charming Tree-lined Street. This property boasts two detached units situated on a generous, flat R2 lot spanning over 6,750 sq. ft., offering incredible potential for investors or developers with an exceptional opportunity for renovation or redevelopment. Currently income-producing with tenants in place, the property also allows the option to live in one unit while earning rental income from the other. The seller is offering attractive carryback financing below current rates, and is also open to cash offers or a standard loan. Please note there are no existing plans or permits. Unit #1, full of character, was built in 1908, while Unit #2 was added in 1955. Contact the agent to schedule an appointment. Blind offers will not be considered.

24-467241

MLS ID

November 27, 2024

Listed

December 13, 2024

Updated

Map

4319 Melbourne Ave
Los Angeles CA, 90027

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

2


Appliances

Range/Oven, Refrigerator, Dishwasher, Washer, Dryer


Laundry Description

In Unit


Floor Description

Linoleum, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

Back Yard, Front Yard


Architectual Style

Cottage

Other Property Details

Area Name

Los Feliz


Days on Market

16


Garage

No


Parking

Driveway


Parking Total

3


View

No


View Description

None


County

Los Angeles


Pool

No


Zoning

LAR2

Listed by Michelle Menna with Keller Williams Larchmont
Listing Contact: 323-559-4422 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Carey More | CA DRE# 01974650 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/13/2024

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