4319 Melbourne Avenue
$1,259,000
4
2
1,750
1,750
$719
Description
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...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.
- Listed by Michelle Menna • DRE #01705488 • Brokerage DRE #01364089 • Keller Williams Larchmont
Property Details for 4319 Melbourne Avenue
Zoning
LAR2
StyleCottage
Cross StreetsHillhurst, Franklin, Talmadge, Prospect
Parcel Number5591024021
Total Units2.0
Living Area1750
Source Living AreaAssessor
AreaLos Feliz (637)
LISTING UPDATED: 12/12/2024 02:22 PM
Property Details for 4319 Melbourne Avenue
Status | Active |
---|---|
MLS # | 24-467241 |
Days on Market | 34 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1908 |
Lot Size | 0.16 AC / 6,752 SF |
County | Los Angeles County |
Building Information for 4319 Melbourne Avenue
Stories1Residences-Year Built1908Building Size-Lot Size0.16 AC / 6,752 SF
Property Information for 4319 Melbourne Avenue
Property History for 4319 Melbourne Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4319 Melbourne Avenue
Taxable ValueLand$112,365Additions$54,112Total$166,477
Tax Record2024$2,301 ($192 / month)
Home Facts
Total Finished SqFt1,750 SqFtAbove Grade Finished SqFt1,750 SqFtLot Size6,750 SqFtStyleDuplexYear Built1908ZoningLAR2CountyLOS ANGELESAPN5591-024-021
Schools near 4319 Melbourne Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Franklin Avenue Elementary School PublicK to 5 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Lexington Avenue Primary Center PublicK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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