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4319 Melbourne Los Angeles, CA $ 1,479,000
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4319 Melbourne
$ 1,479,000
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4319 Melbourne

Los Angeles, CA, 90027
$ 1,479,000
Bedrooms-- Baths1.0 Sq 1,750

Monthly Estimate*

$ 10,215

Listed by Joyce Starleaf, Equity Union, joycestarleaf@yahoo.com
4319 Melbourne, Los Angeles, CA 90027 - Image 1
4319 Melbourne, Los Angeles, CA 90027 - Image 2
4319 Melbourne, Los Angeles, CA 90027 - Image 3
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4319 Melbourne, Los Angeles, CA 90027 - Image 7
4319 Melbourne, Los Angeles, CA 90027 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $1,479,000 with 1 full bath. This 1,750 square foot home was built in 1908 on a lot size of 0.155.

CALLING ALL DEVELOPERS, BUILDERS & SAVVY INVESTORS! RARE Franklin Hills property located in LOS FELIZ this DEVELOPMENT OPPORTUNITY — LARGE, FLAT R2 LOT WITH TWO EXISTING HOMES & IN-PLACE RENTAL INCOME. Unlock the potential of this exceptional Los Feliz property featuring two separate residences on one expansive, flat R2-zoned lot. With tenants currently in place and generating immediate monthly income, this property offers the rare combination of cash flow today and substantial development potential. Whether your vision is ground-up development, maximizing the existing lot, renovating and repositioning the current residences, or holding a valuable Los Angeles asset for long-term appreciation, this property presents an exciting opportunity in one of the city's most sought-after neighborhoods. LAND. LOCATION. INCOME. UPSIDE. Opportunities offering all four are increasingly difficult to find. Bring your architects, builders, and investment team and explore the possibilities. This is a true Los Feliz value-add and development play with multiple paths to maximize returns.

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Multi-Family Active

Price

$ 1,479,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.155

Year Built

1908

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

BB26215486

Days on Market

7
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Appliances Dryer Washer
HOA Fee 0
Garage Spaces 0
Pool Features None
Exclusions Tenants personal belongings
Year Built 1908
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 65928
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 58728
Operating Expense 7200
Insurance Expense 150
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Vermont or Hillhurst to Melbourne South of Franklin North of Prospect
City Los Angeles
Entry Location front
Senior Community Y/N false
Number Of Units Total 2
MLS Area 637 - Los Feliz
Lot Size Units Square Feet
Lot Size Square Feet 6750
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 450
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 90
Property Sub Type Additional Duplex
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Interior
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Entry Level 1
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Exterior
Lot Features Front Yard
Water Source Public
Total Parking 3
Lot Size Area 6750
Number of Buildings 2
Spa false
Building Area Total 1750
Lot Size Acres 0.155
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Joyce Starleaf

Listing Agent

Equity Union

Broker

joycestarleaf@yahoo.com

Email

Affordability Calculator

$10,215
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,215
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/7/2026$1,479,000 Listed Price

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4319 Melbourne, Los Angeles, CA, 90027 is a Multi-Family Home for sale at $1,479,000 with 1,750 sqft and a lot size of 0.155. 4319 Melbourne has 1.0 baths and was built in 1908. The property's zip code is 90027 which is in Los Angeles, CA

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