4611 Melbourne Ave Los Angeles, CA 90027

$--
  • 2 Beds
  • 2 Baths
  • 4,901 Sq.Ft.
Off Market

Map preview of 4611 Melbourne Ave, Los Angeles, CA 90027

Property Overview: 4611 Melbourne Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 4,901 living square feet and 6,763 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4611 Melbourne 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 4611 Melbourne Ave

Last sold on November 12th, 1993
  • April, 2023

  • Apr 18, 2023

    Date

    Expired

    CRMLS: 22157089

    $2,200,000

    Price

  • May 16, 2022

    Date

    Active

    CRMLS: 22157089

    $3,650,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to one of the Most Remarkable Huge Privately Gated Four-Unit Properties Presented to the Market for the First Time! AND RENTS HAVE NOT BEEN RAISED FOR OVER A DECADE, OR MORE!! This Magnificent Development Boasts a Large Footprint of close to 5,000 square feet, and as the Market is UP, these Very Large Apartment Units should attract High-End Renters in the years to follow! An Amazing Offering providing an Incredible Opportunity for a first-time Family Investment or Seasoned Investor possibly Exchanging to Own a Unique Real Estate Choice in the Highly Desired Prime Los Feliz Neighborhood, on one of the Best Streets of Los Feliz, Melbourne Avenue! Graciously Appointed 4-Units with the Second-Floor being Two 3-bedroom 2-bathroom Apartments Plus Private Balconies, and the First-Floor being Two 2- bedroom 2-bathroom Apartments Plus Private Patios. Truly an Excellent Unit Mix, and extremely hard to find! Each unit has its own Private Laundry - Washer and Dryer, a Living Room/Dining Room Combination Flow, Hardwood Floors, Quality Tiled Baths and Kitchens, Separate Water Heaters for Each Apartment, Copper Plumbing, and Each Unit is Separately Metered for Gas & Electric. This Herculean-Built Apartment Complex Truly Dominates one of the most Prime Locations in Los Feliz with its Dramatic Curb Appeal, and 8-Car, Side-by-Side Covered Parking (2 parking spaces per unit!) Including a Fully Solid Iron-Gated Entrance for both Visitors and Cars. Beautifully nestled in the Charming Residential Neighborhood of Prime Los Feliz bringing the Smart Investor many years of Confidence and Pride. Additionally, this is a Perfect Future Owner -User Property, Especially with the Abundant Spacious Bedroom Sizes. Convenient Proximity to the 101 Freeway and the 5 Freeway allowing for easy access to get to Downtown, Universal City, Studio City, Burbank, Glendale, Pasadena and the rest of the San Fernando Valley as well as the San Gabriel Valley. Great Access Location for Doctors and Attorneys to get to Hospitals and Courts! Additionally, in your immediate neighborhood, your New Investment shares the opportunity of visiting Exciting Los Feliz Landmarks and conveniences such as: The Los Feliz Business Center, Movie Theatres, Coffee Shops, High-End Markets, Unique Shops, The Griffith Park Observatory, Huge Griffith Park Play Areas with Abundant Hiking Trails, Picnic Grounds with Horse Rentals, Train Rides and a Classic Old-World Carousel, PLUS The Greek Theatre, Several Golf Courses, Tennis Courts, Many Schools, and the List goes on and on! Why not invest in your Future and Enjoy this rare Los Feliz Investment and Lifestyle Opportunity! The Ownership has done a Magnificent Job maintaining this property and making sure the Character and Charm is Preserved! Let us make this happen! Call us for more information!

  • November, 1993

  • Nov 12, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4611 Melbourne Ave

Assessed Value (2020): $583,433
Year Land Value Improved Value Assessed Value
2020 $213,577 $369,856 $583,433

About 4611 Melbourne Ave

Detailed summary of property

4611 Melbourne Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90027 and is currently off market. This property has 2 bedrooms, 2 bathrooms, roughly 4,901 living square feet, and sits on an approximately 6,763 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. Local nearby listings include 4189 Holly Knoll Dr, 2066 N Edgemont St and 4320 Cedarhurst Circle. 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 4611 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 4611 Melbourne Ave

Public county record property details
Beds
2
Baths
2
Year built
1990
Sq. Ft.
4,901
Lot Size
6,763
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5590-020-010

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
$2,495,000
Median List Price/Sq.Ft.
$928
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
83
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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Nearby Homes to 4611 Melbourne Ave

Data from public records.

2 Beds | 1 Baths | 1,093 Sq. Ft.
7 Beds | 7 Baths | 4,262 Sq. Ft.
3 Beds | 1 Baths | 1,762 Sq. Ft.
5 Beds | 5 Baths | 2,952 Sq. Ft.
3 Beds | 1 Baths | 1,376 Sq. Ft.
8 Beds | 9 Baths | 6,565 Sq. Ft.
7 Beds | 7 Baths | 4,419 Sq. Ft.
3 Beds | 2 Baths | 2,104 Sq. Ft.
4 Beds | 20 Baths | 9,800 Sq. Ft.
-- Beds | -- Baths | 25,450 Sq. Ft.
-- Beds | -- Baths | 22,251 Sq. Ft.
-- Beds | -- Baths | 7,028 Sq. Ft.

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