4319 Melbourne Avenue, Los Angeles, CA 90027

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Property Description

Ask me for the FliPro report for maximum build and development potential! Per the report "By Right", "Transit Bonus" and "Density Bonus" all apply. Prime Los Feliz Location on a Charming Tree-lined Street. This property boasts two detached units situated on a generous, flat R2 lot spanning over 6,750 sq. ft., offering incredible potential for investors or developers with an exceptional opportunity for renovation or redevelopment. Currently income-producing with tenants in place, the property also allows the option to live in one unit while earning rental income from the other. The seller is offering attractive carryback financing below current rates, and is also open to cash offers or a standard loan. Please note there are no existing plans or permits. Unit #1, full of character, was built in 1908, while Unit #2 was added in 1955. Contact the agent to schedule an appointment. Blind offers will not be considered.


Interior Features

Bedroom Information
Bedrooms 4
Bathroom Information
Bathrooms 2
Flooring Information
Material Wood
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 4319 Melbourne Avenue
City Los Angeles
State CA
Zip 90027
County Los Angeles
Listing Agent Michelle Menna DRE #01705488
Courtesy Of Keller Williams Larchmont
List Price $1,259,000
Status Active
Type Residential Income
Structure Size 1,750
Lot Size 6,752
Year Built 1908

Listing information courtesy of: Michelle Menna, Keller Williams Larchmont. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 13th, 2024 at 7:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.