4319 Melbourne, Los Angeles, CA 90027

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
4319 Melbourne,Los Angeles, CA 90027
$1,429,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joyce starleaf
Office: equity union
MLS#:BB26215486
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,429,000

About this home

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...

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Home facts

  • Listing ID #:BB26215486
  • Added:14 day(s) ago
  • Updated:October 22, 2026 at 02:41 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Levels:1 Story

Finances and disclosures

  • Price:$1,429,000
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