4319 Melbourne, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

4319 Melbourne

Los Angeles, CA 90027
6,750 Lot Sq Ft
Built 1908
$1,479,000

Property Overview

CALLING ALL DEVELOPERS, BUILDERS & SAVVY INVESTORS! RARE Franklin Hills property located in LOS FELIZ this DEVELOPMENT OPPORTUNITY — LARGE, FLAT R2 LOT WITH TWO EXISTING HOMES & IN-PLACE RENTAL INCOME. Unlock the potential of this exceptional Los Feliz property featuring two separate residences on one expansive, flat R2-zoned lot. With tenants currently in place and generating immediate monthly income, this property offers the rare combination of cash flow today and substantial development potential. Whether your vision is ground-up development, maximizing the existing lot, renovating and repositioning the current residences, or holding a valuable Los Angeles asset for long-term appreciation, this property presents an exciting opportunity in one of the city's most sought-after neighborhoods. LAND. LOCATION. INCOME. UPSIDE. Opportunities offering all four are increasingly difficult to find. Bring your architects, builders, and investment team and explore the possibilities. This is a true Los Feliz value-add and development play with multiple paths to maximize returns.

Home Details

Property type
Residential Income - Duplex
Year built
1908
Lot size
6,750 sq ft
Parking
3 spaces
Stories
1
Days on market
1
MLS status
Active

Features & Amenities

Appliances

  • Dryer
  • Washer

Pool

  • None

Lot

  • Front Yard

Community, Schools & Utilities

Utilities

Heating
WallFurnace
Cooling
WallWindowUnits
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

4319 Melbourne

Los Angeles, CA 90027

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Frequently Asked Questions About 4319 Melbourne

Property type: Residential Income

The current asking price is $1,479,000. 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 4319 Melbourne. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1908. 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 1 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

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Joyce Starleaf
MLS ID: B35111

Available property

$1,479,000

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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.