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$2,195,000
New Listing

4149 Melrose Avenue
Los Angeles, CA 90029

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
4,121
SqFt
$533
/SqFt
1924
Built
County:
Los Angeles
Listed by Christopher Furstenberg of Nourmand & Associates-HW [email protected]

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4149 Melrose Avenue4149 Melrose Avenue4149 Melrose Avenue4149 Melrose Avenue
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Exceptional development opportunity in the heart of East Hollywood. Delivered 100% vacant, 4149-4153 W. Melrose Avenue comprises an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements (Vacant 5 units- Fourplex + House). Zoned C4-1VL and identified as a TOC Tier 3 site. Possible Transit Priority Area, Housing Element Site, and multiple potential pathways for residential or mixed-use development, including density incentives and reduced parking requirements under AB 2097. The site may also qualify for the City of Los Angeles Executive Directive 1 program for eligible 100% affordable housing projects. Centrally located near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line, with convenient access to DTLA and the 101 Freeway. A compelling opportunity for affordable housing developers, multifamily builders, and investors seeking a well-positioned infill site along a major Los Angeles corridor. Buyer to independently verify all zoning, density, incentives, development potential, permit requirements, and governmental approvals. This is a probate sale. The executor has Full Authority, and the sale is not anticipated to require court confirmation. The sale remains subject to applicable probate procedures.

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Listing Snapshot
Price 
$2,195,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,121 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.214 Acres
Year Built 
1924
MLS® Number 
26874731
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
16 hours agoListing first seen on site
General Features
Acres 
0.214
Property Sub Type 
Mixed Use
Special Circumstances 
Probate Listing
SqFt Total 
4121
Zoning 
LAC4
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Community Features
MLS Area 
C21 - Silver Lake - Echo Park


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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