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4548 Melbourne Ave, Los Angeles, CA 90027
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4548 Melbourne Ave Los Angeles, CA 90027

$2,090,000 Sold Price as of 03/26/2021
  • 7 Beds
  • 7 Baths
  • 2,513 Sq.Ft.
Sold
$2,090,000 Sold Price as of 03/26/2021 Refinance Your Mortgage
Map preview of 4548 Melbourne Ave, Los Angeles, CA 90027

Property Overview: 4548 Melbourne Ave Los Angeles, CA has 7 bedrooms, 7 bathrooms, 2,513 living square feet and 6,724 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Turnkey Live+Work Compound Restored by Obra Design. Gated, Private, Magical Cape Cod main house with master sleeping barn and either office or second bedroom, set in the back of the property with a lush yard. Two one-bedroom units with a common garden and entertaining space. This layout makes it a great owner user live/work compound or income property. Three onsite parking spaces. 1 block to shops and cafes on Vermont and Hillhurst makes this especially desirable.

Listed by Kate Blackwood | BRE #01237139 | DeasyPennerPodley
Last checked: 50 seconds ago | Last updated: June 11th, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
6,724
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20664902
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.3
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $150,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 4548 Melbourne Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Master Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Range
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Has View
  • View: Courtyard
  • Total # of Units: 3
  • Parcel Number: 5590022002
  • Architectural Style: Cape Cod
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 4548 Melbourne Ave

Last leased for $7,500 on June 9th, 2022

  • June, 2022

  • Jun 9, 2022

    Date

    Leased

    CRMLS: 22160175

    $7,500

    Price

  • May 24, 2022

    Date

    Active

    CRMLS: 22160175

    $7,500

    Price

  • Listing provided courtesy of CRMLS

    Available for a lease term of 3 - 12 months, this fully-furnished urban homestead can be your summer address in LA. Tucked into a residential enclave amid secret-garden surroundings, the enchanting private retreat offers a unique turnkey living experience in Los Feliz Village, a lively hub of cafes, boutiques, bars and cinemas. The renovated historic cottage with interiors by Obra Design features formal living, dining, an office loft, guest bath, and kitchen appointed with Bertazzoni appliances; in the adjacent modern barn find a spacious bedroom suite. Cozy, tranquil, abounding in charm, this rental includes a washer+dryer, central air, assigned parking, and a lushly landscaped yard. Tucked away from the city you are also remarkably close to dining, shopping and entertainment at Maru Coffee, Figaro Bistrot, Loupiotte Kitchen, Little Dom's, Lassen's Market, Skylight Books, the American Cinematheque and more. Hollywood, Burbank, Studio City and Downtown LA are within easy reach.

  • March, 2021

  • Mar 31, 2021

    Date

    Sold

    CRMLS: 20664902

    $2,090,000

    Price

  • Feb 12, 2021

    Date

    Pending

    CRMLS: 20664902

    $2,299,000

    Price

  • Dec 2, 2020

    Date

    Active

    CRMLS: 20664902

    $2,299,000

    Price

  • March, 2021

  • Mar 31, 2021

    Date

    Sold

    CRMLS: 20657124

    $2,090,000

    Price

  • Feb 12, 2021

    Date

    Pending

    CRMLS: 20657124

    $2,299,000

    Price

  • Nov 9, 2020

    Date

    Active

    CRMLS: 20657124

    $2,299,000

    Price

  • Listing provided courtesy of CRMLS

    Turnkey Live+Work Compound Restored by Obra Design. Gated, Private, Magical Cape Cod main house with master sleeping barn and either office or second bedroom, set in the back of the property with a lush yard. Two one-bedroom units with a common garden and entertaining space. This layout makes it a great owner user live/work compound or income property. Three onsite parking spaces. 1 block to shops and cafes on Vermont and Hillhurst makes this especially desirable. Property can be sold with furnishings - sold separately. Extensive restoration include: New Electrical wiring, New Plumbing - copperNew HVAC, Relined Main sewer connection, Refurbished original windows with weather stripping and hardware, New parking area, New landscaping and fences, each unit has new washer/dryer. Appliances: Bertazzoni Gas Range, Bosch dishwasher, Bertazzoni refrigerator, LG Washer/Gas Dryer, Moen Bathroom fixtures.

  • November, 2020

  • Nov 9, 2020

    Date

    Canceled

    CRMLS: 20638710

    $2,399,000

    Price

  • Oct 2, 2020

    Date

    Active

    CRMLS: 20638710

    $2,399,000

    Price

  • Listing provided courtesy of CRMLS

    Live+Work Compound,1920s Restored Triplex by Designer Roberto Sosa of Obra Design. Walking distance to everything, a rare find in Los Feliz! Gated, Two 1 bedroom units with a common garden and entertaining space. Very Private, completely separate, Magical Cape Cod main house with master sleeping barn and either office or second bedroom, set in the back of the property with a lush yard. This layout makes it a great owner user live/work compound or income property. Three onsite parking spaces. Walking distance to shops and cafes on Vermont & Hillhurst makes this especially desirable. Property can be sold with furnishings- sold separately.

  • December, 2019

  • Dec 11, 2019

    Date

    Sold

    CRMLS: 19527766

    $1,700,000

    Price

  • Nov 19, 2019

    Date

    Pending

    CRMLS: 19527766

    $1,350,000

    Price

  • Nov 19, 2019

    Date

    Active Under Contract

    CRMLS: 19527766

    $1,350,000

    Price

  • Nov 7, 2019

    Date

    Active

    CRMLS: 19527766

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Delivered vacant, this exquisite triplex is a rare find in the heart of Los Feliz Village. Two light-filled apartments each have 1 bedroom, 1 bath, an office and laundry. Stylish, period-appropriate updates include vintage stoves, clawfoot tubs and flooring of whitewashed wood. Both units enjoy access to a lovely front patio and yard. The rear portion of the property is an owner-user's dream; a separate, gated compound with a standalone bungalow, bonus studio and large private yard. Rendered in rustic farmhouse style, the historic home pairs seamlessly with the detached modern studio that is ideal for extra living quarters, workspace or a media room. Spread out in the upstairs loft or the patio shaded by mature trees. This designer-owned property, celebrated in Apartment Therapy and other publications, is also notable for its prime location that rates an amazing 95 WalkScore. Nearby conveniences include Blue Bottle Coffee, Atrium, The Los Feliz 3 Theater, Skylight Books and many more.

  • December, 2019

  • Dec 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,700,000

    Price

  • October, 2008

  • Oct 23, 2008

    Date

    Sold (Public Records)

    Public Records

    $785,000

    Price

Show More

Tax History for 4548 Melbourne Ave

Assessed Value (2020): $1,700,000
Year Land Value Improved Value Assessed Value
2020 $1,300,000 $400,000 $1,700,000

Home Value Compared to the Market

This property vs the competition

4548 Melbourne Ave sold on March 26, 2021 for 93.19% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $914.84 per/sqft which puts the price per square foot 21.17% higher than the current median sale per square foot for the city of Los Angeles.

About 4548 Melbourne Ave

Detailed summary of property

4548 Melbourne Ave is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 7 bedrooms, 7 bathrooms, roughly 2,513 living square feet, and sits on an approximately 6,724 square foot lot. 4548 Melbourne Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $2,090,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 93.19% higher than the current median priced home. Local homes that are currently for sale include 867 N Alexandria Ave, 756 Hyperion Ave and 5345 La Mirada Ave. While the average home in Los Angeles, CA is selling in 92 days, 4548 Melbourne Ave has a days on market of 70 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 4548 Melbourne Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4548 Melbourne Ave

Public county record property details
Beds
4
Baths
3
Year built
1920
Sq. Ft.
2,220
Lot Size
6,723
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5590-022-002

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,370,000
Median List Price/Sq.Ft.
$921
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
83
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

Thinking of Selling?

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(714) 706-1823

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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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