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$1,990,000

Added 15 days ago

4301 Melbourne Ave, Los Angeles, CA

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,990,000

Added 15 days ago

00-6
  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 14
Approx. Age 1930
MLS® Number SR25159378

Property Address: 4301 Melbourne Ave, Los Angeles, California

Average square foot calculated using Size range provided by listing agent.

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!
MLS® NumberSR25159378
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageYes
Approx. Age1930
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

4301 Melbourne Ave, Los Angeles, CA

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