4071 Melrose Ave Los Angeles, CA ^$ 2,100,000

4071 Melrose Ave

^$ 2,100,000

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Recently Listed

4071 Melrose Ave

Los Angeles, CA, 90029

^$ 2,100,000

Bedrooms-- Baths1.0 Sq 4,024

Monthly Estimate*

^$ 14,504

Listed by Robert Sillman, Robert Sillman, bobby.sillman@gmail.com

4071 Melrose Ave, Los Angeles, CA 90029 - Image 1

4071 Melrose Ave, Los Angeles, CA 90029 - Image 2

4071 Melrose Ave, Los Angeles, CA 90029 - Image 3

4071 Melrose Ave, Los Angeles, CA 90029 - Image 4

4071 Melrose Ave, Los Angeles, CA 90029 - Image 5

4071 Melrose Ave, Los Angeles, CA 90029 - Image 6

4071 Melrose Ave, Los Angeles, CA 90029 - Image 7

4071 Melrose Ave, Los Angeles, CA 90029 - Image 8

4071 Melrose Ave, Los Angeles, CA 90029 - Image 9

4071 Melrose Ave, Los Angeles, CA 90029 - Image 10

4071 Melrose Ave, Los Angeles, CA 90029 - Image 11

4071 Melrose Ave, Los Angeles, CA 90029 - Image 12

4071 Melrose Ave, Los Angeles, CA 90029 - Image 13

4071 Melrose Ave, Los Angeles, CA 90029 - Image 14

4071 Melrose Ave, Los Angeles, CA 90029 - Image 15

4071 Melrose Ave, Los Angeles, CA 90029 - Image 16

4071 Melrose Ave, Los Angeles, CA 90029 - Image 17

Multi-Family Home for sale in Los Angeles, CA

for $2,100,000 with 1 full bath. This 4,024 square foot home was built in 1981 on a lot size of 0.1632.

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.

Multi-Family Active

Price

^$ 2,100,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1632

Year Built

1981

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26224115

Days on Market

Features

General

Sewer Public Sewer

Cooling High Efficiency Wall/Window Unit(s)

Utilities Electricity Available Natural Gas Available Sewer Available Water Available

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1981

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 190740

Community Features Curbs

County Los Angeles

Net Operating Income 128364

Operating Expense 56654

Insurance Expense 4024

New Construction false

Property Type Residential Income

HOA false

MaintenanceExpense 3600

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Located on Melrose Ave between Virgil Ave and Madison Ave

City Los Angeles

Entry Location 1

Senior Community Y/N false

Open Parking Spaces 10

Number Of Units Total 6

MLS Area C21 - Silver Lake - Echo Park

Lot Size Units Square Feet

Lot Size Square Feet 7110

Number of Units Leased 6

Listing Terms Cash Cash to New Loan 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 7200

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 450

Total Actual Rent 15245

Property Sub Type Additional Apartment

Expected Active Date 2026-10-19

Taxes 25200

Cap Rate 6.11

Interior

Interior Amenities Built-in Features Ceiling Fan(s)

Fireplace Features None

Total Stories 2

Common Walls 2+ Common Walls

Air Conditioning Y/N true

Fireplace Y/N false

Laundry Features Inside Stacked

Entry Level 1

Exterior

Parking Features Assigned

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 10

Lot Size Area 7110

Number of Buildings 1

Building Area Total 4024

Lot Size Acres 0.1632

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

* Excluded Features

List By

Robert Sillman

Listing Agent

Robert Sillman

Broker

bobby.sillman@gmail.com

Affordability Calculator

$14,504

Per Month

Monthly Principal & Interest: $14,504
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,927,474

Percent of Sale Price 8%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
10/16/2026	$2,100,000		Listed Price

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4071 Melrose Ave, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $2,100,000 with 4,024 sqft and a lot size of 0.1632. 4071 Melrose Ave has 1.0 baths and was built in 1981. The property's zip code is 90029 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/19/2026. 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. 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, 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.

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4071 Melrose Ave

Multi-Family Home for sale in Los Angeles, CA

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