4149 Melrose Ave, Los Angeles, CA 90029
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4149 Melrose Ave, Los Angeles, CA 90029
4149 Melrose Ave, Los Angeles, CA 90029
4149 Melrose Ave, Los Angeles, CA 90029
4149 Melrose Ave, Los Angeles, CA 90029
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$ 2,195,000
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4149 Melrose Ave Los Angeles, CA 90029

5 Beds

5 Baths

4,121 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,121 sqft

Price per Sqft $532

MLS Listing ID 26873127

Style Tear-Down

Bedrooms 5

Construction Status Repairs Major, Fixer, Tear Down

Year Built 1924

Lot Size 9,324 Sqft

Acres 0.214

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAC4

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Other

Building

Architectural Style Tear-Down

Level or Stories One

Construction Status Repairs Major, Fixer, Tear Down

Others

Special Listing Condition Probate Listing


TheMLS (CLAW)
Listed by Nourmand & Associates-HW
Ayssa Escalante

Ayssa Escalante

Broker Associate | License ID: 01215536

+1(310) 728-0795

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4149 Melrose Ave