4319 Melbourne Avenue
Los Angeles, CA, 90027
$1,259,000
Beds
0 Baths
SqFt
0.16 Acres
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Ask me for the FliPro report for maximum build and development potential! Per the report "By Right", "Transit Bonus" and "Density Bonus" all apply. Prime Los Feliz Location on a Charming Tree-lined Street. This property boasts two detached units situated on a generous, flat R2 lot spanning over 6,750 sq. ft., offering incredible potential for investors or developers with an exceptional opportunity for renovation or redevelopment. Currently income-producing with tenants in place, the property also allows the option to live in one unit while earning rental income from the other. The seller is offering attractive carryback financing below current rates, and is also open to cash offers or a standard loan. Please note there are no existing plans or permits. Unit #1, full of character, was built in 1908, while Unit #2 was added in 1955. Contact the agent to schedule an appointment. Blind offers will not be considered.

Property Details

Price:
$1,259,000
MLS #:
24467241
Status:
Active
Baths:
0
Address:
4319 Melbourne Avenue
Type:
Residential Income
Neighborhood:
637losfeliz
City:
Los Angeles
Listed Date:
Nov 26, 2024
State:
CA
ZIP:
90027
Lot Size:
6,752 sqft / 0.16 acres (approx)
Year Built:
1908
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Dishwasher, Refrigerator
Cooling
Wall/ Window Unit(s)
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Wood
Heating
Wall Furnace

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Lot Features
Back Yard, Front Yard
Parking Features
Driveway
Parking Spots
3.00
Stories Total
1
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4319 Melbourne Avenue
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