4071 Melrose Ave, Los Angeles, CA 90029
Local realty services provided by:CENTURY 21 Masters
4071 Melrose Ave,Los Angeles, CA 90029
$2,100,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: robert sillman, cameron samimi
Office: robert sillman
MLS#:SB26224115
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,100,000
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
- Listing ID #:SB26224115
- Added:9 day(s) ago
- Updated:October 26, 2026 at 02:43 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,100,000
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