4319 Melbourne Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90027
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $719
MLS Listing ID 24-467241
Style Cottage
Bedrooms 4
Year Built 1908
Lot Size 6,752 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area Los Feliz
Zoning LAR2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Flooring Linoleum, Wood
Equipment Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
Laundry In Unit
Exterior
Parking Features Driveway
Garage Spaces 3.0
View Y/N No
View None
Building
Lot Description Back Yard, Front Yard
Story 1
Others
Special Listing Condition Standard