Home | Los Angeles County | Los Angeles | 90029 | 4071 Melrose Ave
MLS: CRSB26224115 | Status: | Price: $2,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,110 | 1981 |
6.11% Cap Rate | 11.01 GRM | Exempt from LA City Rent Control. Built in 1981 and fully renovated in 2024, 4071 Melrose Avenue is subject to California AB 1482 rent increases (5% + CPI) and located in East Hollywood/Virgil Village near Silver Lake. The existing unit mix consists of (5) 1-bed/1-bath units and (1) 2-bed/1-bath unit, featuring interior renovations with in-unit washer/dryers, mini-split HVAC, white oak flooring, custom cabinetry, and GE appliances. Additional features include new exterior stucco, paint, fencing, individual water heaters, and a Ratio Utility Billing System (RUBS). Situated on a 7,110 sq ft lot with up to 10 parking spaces, the property includes plans for two and four ADUs (1,141 sq ft 3B/2B and 716 sq ft 2B/2B) in the rear parking lot. The property also benefits from well-maintained major systems, including roof, plumbing, and electrical.
| Field | Value |
|---|---|
| MLS # | CRSB26224115 |
| MLS Source | California Regional MLS |
| Days on Site | 3 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Cooling | Other, Window/Wall Unit |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 0 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Robert Sillman | Cameron Samimi |
| Robert Sillman | |
| License #: 02145409 | License #: 02035763 |
| Phone: (310) 908-5092 | Phone: (310) 259-7556 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 6 | – |
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This listing information is up-to-date as of October 19, 2026. For the most current information, please contact Robert Sillman, (310) 908-5092.