4940 W Melrose Hill, Los Angeles, CA 90029
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4940 W Melrose Hill Los Angeles, CA 90029

$9,000 Leased Price as of 01/03/2023
  • 5 Beds
  • 3 Baths
  • 2,878 Sq.Ft.
Leased
$9,000 Leased Price as of 01/03/2023 Refinance Your Mortgage

Map preview of 4940 W Melrose Hill, Los Angeles, CA 90029

Property Overview: 4940 W Melrose Hill Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,878 living square feet and 7,251 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This unique, beautiful 1918 Historic Cultural Monument #777 IS located in the charming enclave of Melrose Hill. Enter the home via the large covered porch to a spacious living & dining room. The wonderful country kitchen with eating area features a vintage stove & large pantry. The adjacent laundry room with W/D opens to the side yard. This extremely flexible floor plan could be utilized as 3 separate bedroom suites or a combination of flex live & work areas. The 2nd floor contains the Primary Suite, a 2nd bedroom plus an open library/office area & large bath with shower, tub & double basins. This very special property is located on a flat cul-du sac with a lovely private rear yard, featuring a covered dining area, lawn & seating area. 2 Zone Heat & A/C, Alarm System Close proximity to the studios, Hancock Park, freeway. & downtown. ALSO AVAILABLE PARTIALLY FURNISHED AT SAME PRICE. AVAILABLE FOR OCCUPANCY NOW.

Listed by Barbara Palmer | BRE #00428644 | Berkshire Hathaway HomeServices California
Last checked: 6 minutes ago | Last updated: January 4th, 2023 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
7,251
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Single Family Home
Status
Leased
MLS#
22198999
City
Los Angeles
County
Los Angeles
Time on Site
711 days

Property Details for 4940 W Melrose Hill

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, Individual Room
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Room Information
  • Eating Area: In Kitchen
  • Flooring: Wood, Carpet, Tile
  • Master Bathroom, Two Masters, Attic, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Oven
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Concrete, Tandem Garage, Street
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5535028028
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: East of Western, North of Melrose
View more facts & features

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Sale History for 4940 W Melrose Hill

Last leased for $9,000 on January 3rd, 2023
  • January, 2023

  • Jan 3, 2023

    Date

    Leased

    CRMLS: 22198999

    $9,000

    Price

  • Oct 26, 2022

    Date

    Active

    CRMLS: 22198999

    $9,000

    Price

  • September, 2017

  • Sep 29, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2017

  • Sep 29, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4940 W Melrose Hill

Assessed Value (2020): $359,000
Year Land Value Improved Value Assessed Value
2020 $215,000 $144,000 $359,000

Home Value Compared to the Market

This property vs the competition

4940 W Melrose Hill has recently been leased 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.

About 4940 W Melrose Hill

Detailed summary of property

4940 W Melrose Hill is a single family home that was recently leased in Los Angeles, CA 90029. This house offered 5 bedrooms, 3 bathrooms, roughly 2,878 living square feet, and sits on an approximately 7,251 square foot lot. 4940 W Melrose Hill was first listed on ArdentRealEstateGroup.com on October 18, 2022. The homeowner leased the property for $9,000. While the average home in Los Angeles, CA is selling in 106 days, 4940 W Melrose Hill has a days on market of 70 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. Local homes that are currently for sale include 401 N Serrano Ave #301, 401 N Serrano Ave #101 and 4733 Elmwood Ave #204. For more information on this home for lease at 4940 W Melrose Hill 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 4940 W Melrose Hill

Public county record property details
Beds
6
Baths
3
Year built
1918
Sq. Ft.
2,878
Lot Size
7,251
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
36,41
APN
5535-028-028

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
37
Median Sale to List Price %
105.24%
Avg Days on Market
16
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Related Resources to 4940 W Melrose Hill

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.