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Sold for $1,385,000
  • Listed by: Coldwell Banker Exclusive • Gorgonia Francisco • Contact: 818-360-3430
    Bought with: RE/MAX One
    $1,385,000

    4071 Melrose Ave, Los Angeles, CA 90029

    7beds
    6baths
    4,024sqft
    Multi Family
    Built in 1981
    -- sqft lot
    $1,324,100 Zestimate®
    $344/sqft
    $3,609 Estimated rent

    Home value

    $1,324,100

    $1.22M - $1.46M

    $3,609/mo

    Zestimate® history
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    What's special

    Price Improved! This charming and well-maintained 2 story apartment complex totals 4024 sq .ft is situated on a large 7108 sq ft lot .It offers five 1 bedroom, 1 bath and one 2 bedroom, 1 bath. Property is gated for security and privacy with parking for 9 cars. It is separately metered for gas and electricity. It has copper plumbing. Exterior was painted over a year ago. Walking distance to Los Angeles City College (LACC), West Coast University, Elementary school, popular eateries and locally owned retails makes the neighborhood one of the most sought after market in Los Angeles. It is minutes away from 101 Freeway, subway station and other transportation options. There is constant on going development in the vicinity. This desirable location with consistent high demand rental area makes this complex ideal for investors and owner users. Building inspection was completed last Dec 2021.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gorgonia Francisco DRE #01099917 818-419-9212,

    Coldwell Banker Exclusive

    Bought with:

    Chase Simonton, DRE #01766871

    RE/MAX One

    Source: CRMLS,MLS#: SR23022126MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,024
    • Total interior livable area: 4,024 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Garage
    • Garage spaces: 9
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 7,108 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5539020032
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $344/sqft
    • Date on market: 2/8/2023
    • Cumulative days on market: 153 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 7576

    Price history

    DateEventPrice
    8/23/2025Listing removed$2,350,000$584/sqft
    Source: SDMLS #SB25122589 Report a problem
    6/27/2025Listed for sale$2,350,000-14.5%$584/sqft
    Source: SDMLS #SB25122589 Report a problem
    10/23/2024Listing removed$2,750,000$683/sqft
    Source: CLAW #24-428271 Report a problem
    10/23/2024Price change$2,750,000-6.8%$683/sqft
    Source: CLAW #24-428271 Report a problem
    9/18/2024Price change$2,950,000-7.8%$733/sqft
    Source: CLAW #24-428271 Report a problem
    8/19/2024Listed for sale$3,200,000+131%$795/sqft
    Source: CLAW #24-428271 Report a problem
    10/4/2023Sold$1,385,000-16.1%$344/sqft
    Source: CRMLS #SR23022126 Report a problem
    7/12/2023Pending sale$1,650,000$410/sqft
    Source: CRMLS #SR23022126 Report a problem
    2/8/2023Listed for sale$1,650,000$410/sqft
    Source: CRMLS #SR23022126 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hollywood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,324,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,324,100