Price Reduction - Views
Address
4867 Melrose Avenue Los Angeles, CA
Price
$ 3,199,000
Property Attributes
  • MLS#SW21067687
  • TypeSingle Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood
  • Zip90029
  • StyleSingle Family Residence
  • Price$ 3,199,000
  • Bedrooms9
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2110
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Sinan Zakaria with Listed Simply.
Data Source:
CRMLS
Property Description

Unique opportunity in the heart of Hollywood, California on the famous Melrose Avenue.  This property is a gated duplex with separate utilities for upstairs and for downstairs.   There are 9 parking spaces on the property. The property is zoned commercial on the lower level and zoned residential for the upper level. This property is in a "hot spot" for investors because there are skyrise condos being built around the property.   This property is ideal for an investor who wants to tear down the existing structure and build condos or a parking lot. The existing property structure had a safety violation from the LADBS (Los Angeles Department of Building and Safety) which turned into a lien.  Demolition of the existing property struction to prepare it for development,  would remove the violation and lien since the violation is for the EXISTING structure safety issue.  Buyer to verify all information and must do their own due diligence.

Price History
4/2/2021 Listed $3,495,000
4/13/2021 9% - $3,199,000

General Features

Community Features Biking, Hiking, Park, Street Lights, Sidewalks, Urban
Cooling None
Electric Standard
Heating Central
High School District Los Angeles Unified
Interior Features Balcony, Partially Furnished
Levels Two
MLS Area C20 - Hollywood
Patio/Porch Features Front Porch
Pool Features None
Property SubType Single Family Residence
Property Type Residential
Rooms Kitchen, Entry/Foyer, Basement, Kitchen, Master Bedroom
Sewer Public Sewer
Structure Type House
Terms Cash, Conventional, 1031 Exchange
Total Units 2
Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Neighborhood
Zoning LAC1

Interior Features

Common Walls No Common Walls
Fireplace Features None
Full Baths 3
Heating Y/N Yes
Laundry Features None
Living Area 2110
Main Level Bathrooms 2
Main Level Bedrooms 5
Total Baths 3
Total Bedrooms 9

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 0.17
Lot Size Area 7266
Lot Size Source Assessor
Lot Size Square Feet 7266
Lot Size Units Square Feet
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Basement
Entry/Foyer
Kitchen
Kitchen
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90029

Price
AVG $1.17M
$3.2M
Visits
AVG 161
9
Year Built
AVG 1918
1913
Walkscore
AVG 90
89
Data Provided by Walkscore ® not using MLS data

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