4149 Melrose Avenue, Los Angeles, CA 90029
Local realty services provided by:ERA Excel Realty
4149 Melrose Avenue,Los Angeles, CA 90029
$2,195,000
- 5 Beds
- - Baths
- 4,121 sq. ft.
- Multi-family
- Active
Listed by: christopher furstenberg, howard lorey
Office: nourmand & associates-hw323-462-6262
MLS#:26873127
Source:CRMLS
Price summary
- Price:$2,195,000
- Price per sq. ft.:$532.64
About this home
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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Home facts
- Year built:1924
- Listing ID #:26873127
- Added:36 day(s) ago
- Updated:September 26, 2026 at 10:50 AM
Rooms and interior
- Bedrooms:5
- Living area:4,121 sq. ft.
Structure and exterior
- Year built:1924
- Building area:4,121 sq. ft.
- Lot area:0.21 Acres
- Levels:1 Story
Finances and disclosures
- Price:$2,195,000
- Price per sq. ft.:$532.64
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