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Off market
  • $1,208,900

    4770 Melrose Ave, Los Angeles, CA 90029

    0beds
    0baths
    3,436sqft
    SingleFamily
    Built in 1919
    4,791 Square Feet Lot
    $1,208,900 Zestimate®
    $352/sqft
    $4,500 Estimated rent

    Home value

    $1,208,900

    $1.04M - $1.38M

    $4,500/mo

    Zestimate® history
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    What's special

    Do not miss the well priced and well located Hollywood gem. 12.2 grm, 5.7% cap, $149,834 price per unit. Excellent 4 unit building plus 2 retail stores in Hollywood. Great unit mix of (1) 3 bedroom+1 bath, (1) 2 bedrooms+1.5 bath, (1) 2 bedrooms +1 baths, (1) 1 bedrooms + 1 baths apartments plus 2 retail (not rent controlled units). An excellent opportunity for an investor to capitalize on the great rental upside potential. One of the retail units will be delivered vacant. Subject is located in the heart of Hollywood near Paramount Studios, Melrose Hill, 101 freeway and the Metro Red line. Residents benefit by being close to popular restaurants, trendy retailers and nightlife venues.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Other
    Cooling
    • Wall
    Features
    • Flooring: Laminate
    Interior area
    • Total interior livable area: 3,436 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: On-street
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: 5521006005

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1919

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $1,001,286
    • Annual tax amount: $12,486

    Price history

    DateEventPrice
    8/3/2017Sold$880,000$256/sqft
    Source: Public Record Report a problem
    7/19/2017Pending sale$880,000$256/sqft
    Source: Encino - Sherman Oaks #SR17139652 Report a problem
    7/6/2017Price change$880,000-2.1%$256/sqft
    Source: Encino - Sherman Oaks #SR17139652 Report a problem
    6/21/2017Listed for sale$899,000-14.4%$262/sqft
    Source: Keller Williams Encino-Sherman #SR17139652 Report a problem
    6/14/2016Listing removed$1,050,000$306/sqft
    Source: Marcus & Millichap #15961789 Report a problem
    5/17/2016Pending sale$1,050,000$306/sqft
    Source: Marcus & Millichap #15961789 Report a problem
    1/15/2016Price change$1,050,000-4.5%$306/sqft
    Source: Marcus & Millichap #15961789 Report a problem
    11/26/2015Listed for sale$1,100,000+124.5%$320/sqft
    Source: Marcus & Millichap #15961789 Report a problem
    1/21/2004Sold$490,000+228.9%$143/sqft
    Source: Public Record Report a problem
    12/28/1998Sold$149,000+2.8%$43/sqft
    Source: Public Record Report a problem
    7/28/1995Sold$145,000-27.5%$42/sqft
    Source: Public Record Report a problem
    2/1/1995Sold$200,000$58/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,486 +1.4%$1,001,286 +2%
    2024$12,319 +1.9%$981,654 +2%
    2023$12,089 +4.8%$962,406 +2%
    2022$11,540 +1.4%$943,536 +2%
    2021$11,385 -1%$925,036 +1%
    2020$11,498 $915,552 +2%
    2019$11,498 +5.2%$897,600 +2%
    2018$10,927 $880,000 +46.6%
    2017$10,927 +44.5%$600,272 +2%
    2016$7,564 +2.7%$588,503 +1.5%
    2015$7,365 $579,664
    Find assessor info on the county website

    Neighborhood: Hollywood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,208,900
    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
    $1,208,900