4270 Melrose Ave Los Angeles, CA 90029

$480,000 Sold Price as of 04/12/2016

-- Beds
-- Baths
1,600 Sq.Ft.

Off Market

$480,000 Sold Price as of 04/12/2016 Refinance Your Mortgage

Map preview of 4270 Melrose Ave, Los Angeles, CA 90029

Property Overview: 4270 Melrose Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,600 living square feet and 1,957 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4270 Melrose Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4270 Melrose Ave

Last sold for $480,000 on April 12th, 2016

March, 2021
Mar 22, 2021

Date

Expired

CRMLS: 20665390

$4,000

Price
Dec 3, 2020

Date

Active

CRMLS: 20665390

$4,000

Price
Listing provided courtesy of CRMLS

This is a great lease opportunity perfectly situated in the bustling & creative neighborhood of East Hollywood on Melrose! Upper 2 residential units fitted w/ the latest top of the line fixtures & appliances. Flooded w/ light, the front 1 BR(798 sq ft) boasts a designer open floor plan & an expansive wrap-around balcony w/ city views. The expertly planned layout includes a bedroom closet w/ built-in shelves, drawers, & cubbies. Plenty of storage space, washer/dryer in its own utility closet, & multiple skylights give you all that you need to maximize your flow. The rear studio/flex 1BR (378 sq ft) is a versatile space that delivers a full kitchen, bath, & large closet. Both upper units can be rented together & still maintain separate entries- perfect for roommates or live/work office space. Front 1BR unit is available for $2300/mo. & rear studio unit is available for $1800/mo. Entire upper level is available for $4000/mo. Lower level commercial/mixed-use space also available for lease

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December, 2020
Dec 1, 2020

Date

Active

CRMLS: 20665792

$5,500

Price
Listing provided courtesy of CRMLS

This is a terrific commercial, mixed-use opportunity perfectly situated in the bustling and creative neighborhood of East Hollywood on Melrose! Spacious ground floor can become your new creative studio, retail space, or commercial space featuring high ceilings, hardwood floors, terrific street visibility, multiple closets, bathroom, and flexible divisibility into two separate units. Both versatile ground floor units have independent entries. Located in a exciting burgeoning area populated with production houses, design studios and outlets for innovation, you can fill this space with your imagination and it quickly becomes exactly what you are looking for.Front unit space is available for $4,000/month and rear unit space is available for $2000/month. Entire lower level is available for $5500/month triple net. Upper level also available for lease.

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April, 2016
Apr 12, 2016

Date

Sold (Public Records)

Public Records

$480,000

Price

Tax History for 4270 Melrose Ave

Assessed Value (2020): $519,565

Year	Land Value	Improved Value	Assessed Value
2020	$432,972	$86,593	$519,565

About 4270 Melrose Ave

Detailed summary of property

4270 Melrose Ave is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90029 and last sold on April 12, 2016 for $480,000. This property has -- bedrooms, -- bathrooms, roughly 1,600 living square feet, and sits on an approximately 1,957 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 57.14% lower than the current median priced home. 4270 Melrose Ave was last sold on April 12, 2016 for $480,000. Local nearby listings include 3452 Plata St, 1245 N New Hampshire Ave #4 and 1172-3 Westmoreland Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 4270 Melrose Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4270 Melrose Ave

Public county record property details

Beds: --
Baths: --
Year built: 1928
Sq. Ft.: 1,600
Lot Size: 1,957
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5538-029-002

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,058,000

Median List Price/Sq.Ft.

$705

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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(714) 706-1823

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