4319 Melbourne Avenue, Los Angeles, CA 90027

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Property Description

FliPro report available that describes development potential up to 9 units. Prime Los Feliz Location on a Charming Tree-lined Street. Two detached units are situated on a generous, flat R2 lot of over 6,750 sq. ft., offering incredible potential for investors or developers with great opportunity for redevelopment. Currently, income-producing with tenants in place. OR live in one unit while earning rental income from the other. Seller is offering attractive carryback financing below current rates, and will entertain cash offers or a standard loan. Please note there are no existing plans or permits. Unit #1 was built in 1908; 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 Equity Union
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, Equity Union. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 8th, 2025 at 1:25 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.