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4957 W Melrose Hl, Los Angeles, CA 90029
$2,600,000
4957 W Melrose Hl, Los Angeles, CA 90029View this property at 4957 W Melrose Hl, Los Angeles, CA 90029
4957 W Melrose HlLos AngelesCA90029
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Property Description
Sitting in a 13,000 Sqft of a flat Lot, this compound estate is located in a pocket area in Melrose Hill. Facing the Hollywood sign, Griffin Museum and 5 min away from Paramount Studio. This property has to offer the Main unit with a Mother-In-Law Suite and 1detached unit. The Main duelling is a two story home with over 4,000 Sqft living space. It features 4bed which 2 of them are Masters bedroom, 5 1/2 bath and a mother-in-law suite. Second floor includes aMother-in -Law suite with 1 bed,1 full bath, private entrance and private balcony. This is an Historic neighbourhood, family friendly, it's a private location, the property is located at the end of the cul-de-sac and its completely fenced. The detached Unit 4959 has to offer approximately 1,000 Sqft of living space, 2 bed & 1bath, private balcony with bbq area and front patio facing as well the Hollywood sign. At the moment both of the units are successfully rented. Main unit 4957 is rented with 1 year lease at $11,000/Mth; Detached unit 4959 is rented month to month at $3,750/Mth. This property is certainly generating monthly rental income. It could be a great fit for that owner who wants buy a great house, with a large lot and privacy. While living the Hollywood life, the lucky owner is able to pay his mortgage with rental income. This is for real the American dream. Call for more info and schedule a showing.
Full Property Details
Full Property Details for 4957 W Melrose Hl
General
- Sold For: $2,600,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-314766
- Added to Site: 291 day(s) ago
Interior
- Rooms/Areas: Dining Area, Living Room, Den/Office, Pantry, Patio Covered, Walk-In Closet, Two Master Bedrooms, Study/Office, Master Bedroom, Breakfast Area, Family Room, Guest House, In-Law Suite
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Family Room: 1
- Laundry: Garage
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: GuestHouse
Parking
- Garage Description: Garage - 2 Car, Driveway - Concrete
Location
- Area: Hollywood
- County: Los Angeles
- Driving Directions: Turn right at the 1st cross street onto Marathon St 0.1 mi. Turn left onto W Melrose H l226 ft. Turn left to stay on W Melrose Hl
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- # Buildings: 2
- Architectural Style: Craftsman
- Common Walls: Detached/No Common Walls
- Stories/Levels: 2
- Square Feet: 5,004
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1995
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 4
- Bedrooms: 4
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Additional Structures
- Other Structures: GuestHouse
Lot Features
- Property View: Hills
- Lot Size (Acres): 0.2983
- Lot Size: 12995
- Lot Size Source: Assessor
- Zoning: LAR1
Financial Considerations
- Price Per Sq. Ft.: $494.6
- Assessment Year: 1995
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5535-028-026
Listed by Compass, Alessandra Ferracuti
Sold by Division One Investment & Loan, Rosa Garcia
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Schools
Schools serving 4957 W Melrose Hl
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
5200 Virginia Ave, Los Angeles, CA 90029 | K-5 | 0.5 mi | |
1316 N Bronson Ave, Los Angeles, CA 90028 | 7-8 | 0.9 mi | |
1309 N Wilton Pl, Hollywood, CA 90028 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4957 W Melrose Hl
Date
Details
Price
Change
Source
4/23/2024
Sold
$2,600,000
5.05%
MLS
8/23/2023
Listed
$2,475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4957 W Melrose Hl, Los Angeles, CA 90029 (MLS# 23-314766) is a Multi-Family property that was sold at $2,600,000 on April 23, 2024. Want to learn more about 4957 W Melrose Hl? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.