4071 Melrose Ave, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
4071 Melrose Ave,Los Angeles, CA 90029
$2,100,000
  • - Beds
  • - Baths
  • 4,024 sq. ft.
  • Multi-family
  • Active
Listed by: robert sillman, cameron samimi
Office: robert sillman310-908-5092
MLS#:SB26224115
Source:CRMLS

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$521.87

About this home

6.11% Cap Rate | 11.01 GRM | Exempt from LA City Rent Control. Built in 1981 and fully renovated in 2024, 4071 Melrose Avenue is subject to California AB 1482 rent increases (5% + CPI) and located in East Hollywood/Virgil Village near Silver Lake. The existing unit mix consists of (5) 1-bed/1-bath units and (1) 2-bed/1-bath unit, featuring interior renovations with in-unit washer/dryers, mini-split HVAC, white oak flooring, custom cabinetry, and GE appliances. Additional features include new exterior stucco, paint, fencing, individual water heaters, and a Ratio Utility Billing System (RUBS). Situated on a 7,110 sq ft lot with up to 10 parking spaces, the property includes plans for two and four ADUs (1,141 sq ft 3B/2B and 716 sq ft 2B/2B) in the rear parking lot. The property also benefits from well-maintained major systems, including roof, plumbing, and electrical.

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Home facts

  • Year built:1981
  • Listing ID #:SB26224115
  • Added:27 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

Rooms and interior

  • Living area:4,024 sq. ft.

Heating and cooling

  • Cooling:High Efficiency, Wall Window Units

Structure and exterior

  • Year built:1981
  • Building area:4,024 sq. ft.
  • Lot area:0.16 Acres
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$521.87

Features and amenities

  • Laundry features:Inside, Stacked
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:10
  • Parking description:Assigned
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