Los Angeles, CA 90029,4957 4959 W Melrose
Los Angeles, CA 90029,4957 4959 W Melrose
See all 2 photos

$2,600,000

$2,475,000

5.1%
Est.Price: ?

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Est. payment /mo

7 Beds

6 Baths

5,004 SqFt


SOLD DATE : 04/23/2024

Key Details

Sold Price $2,600,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,004 sqft

Price per Sqft $519

MLS Listing ID 23314766

Sold Date 04/23/24

Bedrooms 7

HOA Y/N No

Year Built 1995

Lot Size 0.298 Acres

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.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR1

Rooms

Other Rooms Guest House

Interior

Interior Features Multiple Primary Suites, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Wood

Fireplace No

Appliance Microwave

Laundry In Garage

Exterior

Garage Concrete, Door-Multi, Garage

Pool None

View Y/N Yes

View Hills

Parking Type Concrete, Door-Multi, Garage

Total Parking Spaces 8

Private Pool No

Building

Story 2

Entry Level One,Two,Multi/Split

Architectural Style Craftsman

Level or Stories One, Two, Multi/Split

Additional Building Guest House

New Construction No

Others

Senior Community No

Tax ID 5535028026

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Alessandra Ferracuti • Compass
Bought with Rosa Garcia • Division One Investment & Loan
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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