$2,195,000
( $532.64Per Sq Foot )
 $11,783 est/mo Sourced by Back At You

4149 Melrose Avenue,Los Angeles, CA 90029

Los Angeles, CA 90029

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Description

Exceptional development opportunity in the heart of East Hollywood. Delivered 100% vacant, 4149-4153 W. Melrose Avenue comprises an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements (Vacant 5 units- Fourplex + House). Zoned C4-1VL and identified as a TOC Tier 3 site. Possible Transit Priority Area, Housing Element Site, and multiple potential pathways for residential or mixed-use development, including density incentives and reduced parking requirements under AB 2097. The site may also qualify for the City of Los Angeles Executive Directive 1 program for eligible 100% affordable housing projects. Centrally located near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line, with convenient access to DTLA and the 101 Freeway. A compelling opportunity for affordable housing developers, multifamily builders, and investors seeking a well-positioned infill site along a major Los Angeles corridor. Buyer to independently verify all zoning, density, incentives, development potential, permit requirements, and governmental approvals. This is a probate sale. The executor has Full Authority, and the sale is not anticipated to require court confirmation. The sale remains subject to applicable probate procedures.

Details

MLS #26874731
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Year1924
Days On Site30
Listing Provided ByNourmand & Associates-HW | Christopher Furstenberg

Features

SQ Feet4,121
Building(s)2
ZoningLAC4
Acreage0.21

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC21 Silver Lake Echo Park
Listing VS Median (in 90029)
Price:
$2,195,000
low | high
Med:
$1,224,500
94.214123006834% of Average
sqft:
4,121
low | high
Med:
2,941
78.633826741082% of Average
$ / sqft:
$533
low | high
Med:
$416
71.817085408335% of Average
On site:
30
low | high
Med:
364.5
8.230452674897% of Average
Sourced by Back At You

Market Activity 90029

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Learn More About This Property

Stephen Jacobs

Stephen Jacobs

Desert Lifestyle Properties

00927784Accredited Buyer Representative, Resort Certification, Green Designated (760) 413-0117stephen@withaph.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC21 Silver Lake Echo Park
Listing VS Median (in 90029)
Price:
$2,195,000
low | high
Med:
$1,224,500
94.214123006834% of Average
sqft:
4,121
low | high
Med:
2,941
78.633826741082% of Average
$ / sqft:
$533
low | high
Med:
$416
71.817085408335% of Average
On site:
30
low | high
Med:
364.5
8.230452674897% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.646M - $2.743M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
4149 Melrose Avenue Property Photo 1
$2,195,000
4149 Melrose Avenue
Los Angeles, CA 90029
Listing Updated: August 21, 2026 at 10:24:25 PM PDT

Stephen Jacobs - Desert Lifestyle Properties