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4319 Melbourne AvenueLos Angeles, CA 90027

For Sale

$1,259,000

Smart Buyer Rebate $12,590

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.

Listed by Michelle Menna

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License #01705488

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Keller Williams Larchmont

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13232726657

Last updated December 13, 2024

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Source: CRMLS #24467241

Listing Facts

  • TypeMulti-family
  • NeighborhoodLos Feliz
  • Bedrooms4
  • Days on Prevu287
  • Size1,750 sqft
  • Price per sqft$719

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

11/26/2024
Listed by Keller Williams Larchmont
$1,259,000

Property Details for 4319 Melbourne Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1908
  • Architectural Style: Cottage
  • Common Walls: No Common Walls

Features

  • Direction Faces: South

Measurements

  • Building Area Total: 1,750
  • Lot Features: Back Yard, Front Yard
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,752
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,752
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $65,916.00

Taxes

  • Parcel Number: 5591024021

Interior

Features

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Flooring: Wood

Measurements

  • Living Area: 1,750
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 2
  • Bedrooms Total: 4

Parking

Parking

  • Open Parking Spaces: 3
  • Parking Features: Driveway
  • Parking Total: 3

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.