4149 Melrose Avenue
Property Overview
Exceptional development opportunity in the heart of East Hollywood. Delivered 100% vacant, 4149-4153 W. Melrose Avenue comprises an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements (Vacant 5 units- Fourplex + House). Zoned C4-1VL and identified as a TOC Tier 3 site. Possible Transit Priority Area, Housing Element Site, and multiple potential pathways for residential or mixed-use development, including density incentives and reduced parking requirements under AB 2097. The site may also qualify for the City of Los Angeles Executive Directive 1 program for eligible 100% affordable housing projects. Centrally located near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line, with convenient access to DTLA and the 101 Freeway. A compelling opportunity for affordable housing developers, multifamily builders, and investors seeking a well-positioned infill site along a major Los Angeles corridor. Buyer to independently verify all zoning, density, incentives, development potential, permit requirements, and governmental approvals. This is a probate sale. The executor has Full Authority, and the sale is not anticipated to require court confirmation. The sale remains subject to applicable probate procedures.
Home Details
- Property type
- Residential Income
- Year built
- 1924
- Living area
- 4,121 sq ft
- Lot size
- 9,324 sq ft
- Days on market
- 8
- MLS status
- Active
- Zoning
- LAC4
Community, Schools & Utilities
Utilities
- Heating
- None
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 4149 Melrose Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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