14
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$2,195,000
Est. payment /mo
5 Beds
5 Baths
4,121 SqFt
New
4149 Melrose AVE Los Angeles, CA 90029
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,121 sqft
Price per Sqft $532
MLS Listing ID 26873127
Bedrooms 5
Construction Status Fixer,Repairs Major
HOA Y/N No
Year Built 1924
Lot Size 9,321 Sqft
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 C21 - Silver Lake - Echo Park
Zoning LAC4
Interior
Heating None
Cooling None
Fireplace No
Building
Entry Level One
Level or Stories One
New Construction No
Construction Status Fixer,Repairs Major
Others
Senior Community No
Tax ID 5539021016
Special Listing Condition Probate Listing
Listed by Christopher Furstenberg Nourmand & Associates-HW #01208924
NEARBY SCHOOL & BUSINESS
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