4301 Melbourne Ave Los Angeles, CA 90027
Los Feliz NeighborhoodEstimated payment $11,185/month
Total Views
124,667
6
Beds
6
Baths
3,986
Sq Ft
$445
Price per Sq Ft
Highlights
- Corner Lot
- No HOA
- Fireplace
- Franklin Avenue Elementary Rated A-
About This Home
Beautiful 1929 six-plex, with significant ADU potential, in prime Los Feliz location. The property boasts a sunny south-facing corner lot with excellent exposure. Ideal for investors and 1031 exchange buyers. Each one-bed/one-bath unit comes with its own garage space. Possible Opportunity to add two, two-bed ADU's above the existing garage. Located within the highly ranked and sought after Franklin Elementary School District, with unbeatable access to major employment hubs such as Downtown LA, Hollywood & Koreatown, and just moments from attractive lifestyle amenities such as Griffith Park and the vibrant Hillhurst Avenue — home to some of LA’s most popular cafes, restaurants and boutiques. Plumbing water lines were replaced with copper pipes recently. All units feature private patios, adding to tenant appeal! The property is fully occupied and generating steady income, with room for future rent growth. Please note that this is Drive-By Only; we kindly request that you Do Not Disturb The Tenants. Interior access with accepted offer. Financials available upon request. Subject to Los Angeles Rent Stabilization Ordinance (LARSO). This is a great opportunity to acquire a magnificent property! Don’t miss it!
Listing Agent
The Agency Brokerage Phone: 424-230-3700 License #01850113 Listed on: 07/15/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 6,799 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 6 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 3,986 Sq Ft Home
- 2-Story Property
- Fireplace
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 94
- Assessor Parcel Number 5591024025
- $952 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- Gross Income $115,176
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $1,775,000 | -10.8% | $445 / Sq Ft |
| 07/15/2025 07/15/25 | For Sale | $1,990,000 | -- | $499 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
About the Listing Agent
Dennis Chernov began his journey in real estate through the operation of his own property loan business in the early 2000s, building a foundation in the transactional processes necessary to buy and sell a property and developing a keen aptitude to qualify potential buyers quickly. In 2009, he joined Keller Williams Studio City full-time. Now, with nearly two decades of experience in the field, Dennis has consistently ranked as a top-producing real estate agent in Los Angeles County year after
Dennis' Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25159378
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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