Property Details
About this Property
Exceptional Investment Opportunity in Los Feliz! On the market for the first time in over 70 years! Presenting a rare gem in the heart of one of Los Angeles’ most sought-after neighborhoods, this triplex in Los Feliz offers a unique canvas for savvy investors, contractors and developers. Situated on a spacious 6,750 square foot lot, this property represents an exceptional redevelopment opportunity to craft a modern masterpiece in a coveted locale. Property being sold *AS IS*. This property provides ample space for redevelopment. Zoned for LAR2, there are multiple potential configurations for this property. The existing structure, though in poor condition, offers a clean slate for your vision. This teardown opportunity allows for the creative freedom to design and build from the ground up, ensuring that every aspect of the new development meets modern standards, codes and investment potential. Buyer to consult with local authorities to explore the full range of possibilities this lot offers and verify all zoning information. This neighborhood’s charm and demand make it an ideal location for a high-value development. The current configuration is two buildings, plus an unattached garage, on one lot. Each building has two levels. The front home is comprised of two units, one
MLS Listing Information
MLS #
CRBB24155276
MLS Source
California Regional MLS
Interior Features
Bedrooms
Ground Floor Bedroom, Other
Appliances
Other, Oven Range
Fireplace
None
Laundry
Other
Cooling
None
Heating
Floor Furnace
Exterior Features
Foundation
Raised
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 1 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR2
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
4541 Melbourne Ave is a Triplex in Los Feliz, CA 90027. This 2,804 square foot property sits on a 6,750 Sq Ft Lot and features 6 bedrooms & 3 full and 1 partial bathrooms. It is currently priced at $1,215,000 and was built in 1922. This address can also be written as 4541 Melbourne Ave, Los Feliz, CA 90027.
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This listing information is up-to-date as of August 29, 2024. For the most current information, please contact David Nixon, (818) 388-8850
