4071 Melrose Ave, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

4071 Melrose Ave

Los Angeles, CA 90029
7,110 Lot Sq Ft
Built 1981
$2,100,000

Property Overview

6.11% Cap Rate | 11.01 GRM | Exempt from LA City Rent Control. Built in 1981 and fully renovated in 2024, 4071 Melrose Avenue is subject to California AB 1482 rent increases (5% + CPI) and located in East Hollywood/Virgil Village near Silver Lake. The existing unit mix consists of (5) 1-bed/1-bath units and (1) 2-bed/1-bath unit, featuring interior renovations with in-unit washer/dryers, mini-split HVAC, white oak flooring, custom cabinetry, and GE appliances. Additional features include new exterior stucco, paint, fencing, individual water heaters, and a Ratio Utility Billing System (RUBS). Situated on a 7,110 sq ft lot with up to 10 parking spaces, the property includes plans for two and four ADUs (1,141 sq ft 3B/2B and 716 sq ft 2B/2B) in the rear parking lot. The property also benefits from well-maintained major systems, including roof, plumbing, and electrical.

Home Details

Property type
Residential Income - Apartment
Year built
1981
Lot size
7,110 sq ft
Parking
10 spaces
Stories
2
Days on market
0
MLS status
Active

Features & Amenities

Interior

  • Built In Features
  • Ceiling Fans

Parking

  • Assigned

Pool

  • None

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Utilities

Cooling
HighEfficiency,WallWindowUnits
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

4071 Melrose Ave

Los Angeles, CA 90029

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Frequently Asked Questions About 4071 Melrose Ave

Property type: Residential Income

The current asking price is $2,100,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 4071 Melrose Ave. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1981. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Robert Sillman
MLS ID: SBSILLROB

Available property

$2,100,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.