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4500 Gilbert Pl, Los Angeles, CA 90004
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4500 Gilbert Pl Los Angeles, CA 90004

$1,099,000
  • 2 Beds
  • 2 Baths
  • 1,396 Sq.Ft.
For Sale
$1,099,000 Get Pre-Qualified
Map preview of 4500 Gilbert Pl, Los Angeles, CA 90004

Property Overview: 4500 Gilbert Pl Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,396 living square feet and 3,804 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: An exceptional opportunity to own a fully renovated side-by-side duplex in Hollywood's Melrose Hill neighborhood. Nestled at the end of a quiet cul-de-sac, this property offers a stunning view of the iconic Hollywood sign. Each unit mirrors the other and boasts one bedroom, one bathroom, plus a spacious bonus area adjacent to the living room, ideal for a laundry room, office, or extra storage space. The interiors offer luxury vinyl flooring, shaker-style kitchen cabinets, stainless steel appliances, glazed ceramic shower tiles, modern fixtures, and stacked washer/dryer sets. The property has a long driveway that can accommodate up to three cars for off-street parking. The converted single-car garage serves as a versatile flex space, perfect for a home office, gym or studio. Outside there is fully drought-resistant landscaping with succulents in the front, high-grade turf in the backyard, and Ficus trees for added privacy. Upgrades include new ABS sewer lines, copper plumbing, electrical wiring, panels, and windows. This fast-growing neighborhood is just over a mile from Larchmont Village and a short drive to Netflix and Paramount Studios. Great opportunity to own a duplex in a prime location.

Listed by Conrad Adamczak | BRE #02124488 | The Beverly Hills Estates
Co-listed by Maxwell Hutchison | BRE #01907904 | Official
Last checked: 11 minutes ago | Last updated: April 10th, 2024 | Source CRMLS | DOM: 23
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Home details

Lot Sq. Ft
3,804
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24375433
City
Los Angeles
County
Los Angeles
Time on Site
29 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 2050
  • Gross Scheduled Income: --
  • Net Operating Income: $48,000
  • Gross Operating Income: $60,000
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4500 Gilbert Pl

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Property Details for 4500 Gilbert Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5521009019
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 4500 Gilbert Pl

View property's historical transactions

  • April, 2024

  • Apr 2, 2024

    Date

    Active

    CRMLS: 24375433

    $1,099,000

    Price

  • April, 2023

  • Apr 18, 2023

    Date

    Expired

    CRMLS: BB22237462

    $998,000

    Price

  • Nov 7, 2022

    Date

    Active

    CRMLS: BB22237462

    $1,049,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome home to this fantastic opportunity to purchase a vacant, fully remodeled, side-by-side duplex in the Melrose Hill neighborhood of Hollywood located at the end of a quiet cul-de-sac with a view of the Hollywood sign. This duplex has been fully renovated with an open concept living space. Each unit, a mirror image of each other, includes one bedroom, one bathroom, a large bonus space off the living room that can double as a laundry room/office, home-gym, or simply as an abundance of extra storage space. The interiors feature luxury vinyl flooring through-out, shaker-style kitchen cabinets, stainless steel appliances, beautiful glazed ceramic shower tiles, modern fixtures and a brand new stacked washer & dryer in each unit. The entire property has also been newly painted both inside and out. The long driveway offers room for up to 3 cars for off-street parking, and the single car garage has been converted into a flex space, perfect for a home office or studio. The landscaping is fully drought-resistant with succulents in the front as well as high-grade turf in the spacious backyard that’s perfect for soaking up the sun, and newly-planted Ficus trees alongside the property for maximum privacy. Other key upgrades to the property include all new ABS sewer lines, copper plumbing, entirely new electrical wiring and panels, and brand new windows. Don’t miss this opportunity to own a duplex in this fast-growing neighborhood, as evidenced by all of the new construction on the surrounding blocks, and enjoy the convenience of being just over a mile to Larchmont Village and a short drive to Netflix and Paramount Studios.

  • November, 2022

  • Nov 7, 2022

    Date

    Canceled

    CRMLS: BB22217127

    $1,099,000

    Price

  • Oct 6, 2022

    Date

    Active

    CRMLS: BB22217127

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome home to this fantastic opportunity to purchase a vacant, fully remodeled, side-by-side duplex in the Melrose Hill neighborhood of Hollywood located at the end of a quiet cul-de-sac with a view of the Hollywood sign. This duplex has been fully renovated with an open concept living space. Each unit, a mirror image of each other, includes one bedroom, one bathroom, a large bonus space off the living room that can double as a laundry room/office, home-gym, or simply as an abundance of extra storage space. The interiors feature luxury vinyl flooring through-out, shaker-style kitchen cabinets, stainless steel appliances, beautiful glazed ceramic shower tiles, modern fixtures and a brand new stacked washer & dryer in each unit. The entire property has also been newly painted both inside and out. The long driveway offers room for up to 3 cars for off-street parking, and the single car garage has been converted into a flex space, perfect for a home office or studio. The landscaping is fully drought-resistant with succulents in the front as well as high-grade turf in the spacious backyard that’s perfect for soaking up the sun, and newly-planted Ficus trees alongside the property for maximum privacy. Other key upgrades to the property include all new ABS sewer lines, copper plumbing, entirely new electrical wiring and panels, and brand new windows. Don’t miss this opportunity to own a duplex in this fast-growing neighborhood, as evidenced by all of the new construction on the surrounding blocks, and enjoy the convenience of being just over a mile to Larchmont Village and a short drive to Netflix and Paramount Studios.

  • November, 2022

  • Nov 7, 2022

    Date

    Canceled

    CRMLS: BB22207576

    $1,099,000

    Price

  • Sep 22, 2022

    Date

    Active

    CRMLS: BB22207576

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome home to this fantastic opportunity to purchase a vacant, fully remodeled, side-by-side duplex in the Melrose Hill neighborhood of Hollywood located at the end of a quiet cul-de-sac with a view of the Hollywood sign. This duplex has been fully renovated with an open concept living space. Each unit, a mirror image of each other, includes one bedroom, one bathroom, a large bonus space off the living room that can double as a laundry room/office, home-gym, or simply as an abundance of extra storage space. The interiors feature luxury vinyl flooring through-out, shaker-style kitchen cabinets, stainless steel appliances, beautiful glazed ceramic shower tiles, modern fixtures and a brand new stacked washer & dryer in each unit. The entire property has also been newly painted both inside and out. The long driveway offers room for up to 3 cars for off-street parking, and the single car garage has been converted into a flex space, perfect for a home office or studio. The landscaping is fully drought-resistant with succulents in the front as well as high-grade turf in the spacious backyard that’s perfect for soaking up the sun, and newly-planted Ficus trees alongside the property for maximum privacy. Other key upgrades to the property include all new ABS sewer lines, copper plumbing, entirely new electrical wiring and panels, and brand new windows. Don’t miss this opportunity to own a duplex in this fast-growing neighborhood, as evidenced by all of the new construction on the surrounding blocks, and enjoy the convenience of being just over a mile to Larchmont Village and a short drive to Netflix and Paramount Studios.

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Tax History for 4500 Gilbert Pl

Assessed Value (2020): $62,710
Year Land Value Improved Value Assessed Value
2020 $35,839 $26,871 $62,710

Home Value Compared to the Market

This property vs the competition

4500 Gilbert Pl is listed 11.08% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $787.25 per/sqft which puts the price per square foot 1.84% higher than the median price per square foot for the city of Los Angeles.

About 4500 Gilbert Pl

Detailed summary of property

4500 Gilbert Pl is a multi family located in Los Angeles, CA 90004 and is currently for sale. This multi family property offers 2 bedrooms, 2 bathrooms, roughly 1,396 living square feet, and sits on an approximately 3,804 square foot lot. 4500 Gilbert Pl was first listed on ArdentRealEstateGroup.com on April 2, 2024. The homeowner is currently asking $1,099,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 11.08% lower than the median priced home. Local competing homes currently for sale include 5415 Monroe St, 5437-5439 Lemon Grove Ave and 1211 N Normandie Ave. While the average home in Los Angeles, CA is selling in 96 days, 4500 Gilbert Pl has a days on market of 23 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 4500 Gilbert Pl Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4500 Gilbert Pl

Public county record property details
Beds
--
Baths
--
Year built
1921
Sq. Ft.
1,396
Lot Size
3,803
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5521-009-019

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,349,000
Median List Price/Sq.Ft.
$806
Median Sold Price
$1,163,014
Median Sold Price/Sq.Ft.
$789
Total Inventory
67
Median Sale to List Price %
93.04%
Avg Days on Market
39
Loan Type
Conventional (27.27%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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