Los Angeles, CA 90027,4301 Melbourne Avenue
Los Angeles, CA 90027,4301 Melbourne Avenue
Los Angeles, CA 90027,4301 Melbourne Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
31
Jul
Fri
1
Aug
Sat
2
Aug
Listed by Dennis Chernov • The Agency
$1,990,000
Est. payment /mo
3,986 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,986 sqft

Price per Sqft $499

MLS Listing ID CRSR25159378

HOA Y/N No

Year Built 1930

Lot Size 6,799 Sqft

Property Sub-Type Other

Source Datashare California Regional

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

Interior

Fireplace No

Laundry No Hookups

Building

Lot Description Corner Lot


Read Less Info
Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

agent

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

Name

Phone*

Message