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4071 Melrose Ave, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:CENTURY 21 Coastal Properties
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:3 day(s) ago
  • Updated:October 20, 2026 at 11:34 AM

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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Jennette Toderick

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