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4957 W Melrose Hill, Los Angeles, CA 90029
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4957 W Melrose Hill Los Angeles, CA 90029

$2,600,000 Sold Price as of 04/23/2024
  • 7 Beds
  • 7 Baths
  • 5,004 Sq.Ft.
Sold
$2,600,000 Sold Price as of 04/23/2024 Refinance Your Mortgage
Map preview of 4957 W Melrose Hill, Los Angeles, CA 90029

Property Overview: 4957 W Melrose Hill Los Angeles, CA has 7 bedrooms, 7 bathrooms, 5,004 living square feet and 12,995 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sitting in a 13,000 Sqft of a flat Lot, this compound estate is located in a pocket area in Melrose Hill. Facing the Hollywood sign, Griffin Museum and 5 min away from Paramount Studio. This property has to offer the Main unit with a Mother-In-Law Suite and 1detached unit. The Main duelling is a two story home with over 4,000 Sqft living space. It features 4bed which 2 of them are Masters bedroom, 5 1/2 bath and a mother-in-law suite. Second floor includes aMother-in -Law suite with 1 bed,1 full bath, private entrance and private balcony. This is an Historic neighbourhood, family friendly, it's a private location, the property is located at the end of the cul-de-sac and its completely fenced. The detached Unit 4959 has to offer approximately 1,000 Sqft of living space, 2 bed & 1bath, private balcony with bbq area and front patio facing as well the Hollywood sign. At the moment both of the units are successfully rented. Main unit 4957 is rented with 1 year lease at $11,000/Mth; Detached unit 4959 is rented month to month at $3,750/Mth. This property is certainly generating monthly rental income. It could be a great fit for that owner who wants buy a great house, with a large lot and privacy. While living the Hollywood life, the lucky owner is able to pay his mortgage with rental income. This is for real the American dream. Call for more info and schedule a showing.

Listed by Alessandra Ferracuti | BRE #02053258 | Compass
Last checked: 2 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 148

Home details

Lot Sq. Ft
12,995
HOA Dues
$0/mo
Year built
1995
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23314766
City
Los Angeles
County
Los Angeles
Time on Site
226 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $11,000
  • Total Rent: $11,000
  • Pro Forma/Market Rent: $12,550
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Furnished
  • Actual Rent: $3,750
  • Total Rent: $3,750
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $132,000
  • Gross Operating Income: $120,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4957 W Melrose Hill

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Room Information
  • Flooring: Wood
  • Living Room, Walk-In Closet, Two Primaries, Primary Bathroom, Family Room, Guest/Maid's Quarters
Kitchen Information
  • Has Appliances
  • Microwave
Interior Features
  • Levels: Two, Multi/Split, One
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage - Two Door, Concrete
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Hills
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5535028026
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Turn right at the 1st cross street onto Marathon St 0.1 mi. Turn left onto W Melrose H l226 ft. Turn left to stay on W Melrose Hl
View more facts & features

Local Los Angeles Agent

Sale History for 4957 W Melrose Hill

Last sold for $2,600,000 on April 23rd, 2024

  • April, 2024

  • Apr 30, 2024

    Date

    Expired

    CRMLS: 23320617

    $2,500

    Price

  • Oct 7, 2023

    Date

    Active

    CRMLS: 23320617

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Cute loft mother-in-law-suite located in Hollywood. This is an Independent unit #A with private entrance. It offers a two story studio with a compact kitchenette and a dining area. One sizeable bedroom that fits two king beds, walking closet and one full bath. Bedroom is connected with a private balcony facing the colourful front patio. There is Plenty of parking space in the drive way that can fit at list 3 sizeable cars. Private and fenced back patio with grapes and avocado trees. Quite neighbourhood and enjoyable especially if looking for privacy and peace. Paramount studio is at 5 minutes walking distance and Hollywood sign view from the dining area window.

  • April, 2024

  • Apr 23, 2024

    Date

    Sold

    CRMLS: 23314766

    $2,600,000

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: 23314766

    $2,475,000

    Price

  • November, 2023

  • Nov 1, 2023

    Date

    Leased

    CRMLS: 23288619

    $11,000

    Price

  • Jul 7, 2023

    Date

    Active

    CRMLS: 23288619

    $10,000

    Price

  • Listing provided courtesy of CRMLS

    This quaint neighborhood consists of 2 cul-de-sacs featuring Craftsman and Traditional homes in Melrose neighbourhood. The main house features 4 well sized bedrooms, 3.5 baths. 2 story home with open layout, high ceiling living room with sliding door windows. Spacious kitchen that connects to the back patio porch. Outstanding back patio which is facing the Hollywood sign view, green garden full of trees and colours. Stop by and see it how it feels.

  • October, 2023

  • Oct 12, 2023

    Date

    Canceled

    CRMLS: 23320447

    $2,500

    Price

  • Oct 7, 2023

    Date

    Active

    CRMLS: 23320447

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Cute loft mother-in-law-suite located in Hollywood. This is an Independent unit #A with private entrance. It offers a two story studio with a compact kitchenette and a dining area. One sizeable bedroom that fits two king beds, walking closet and one full bath. Bedroom is connected with a private balcony facing the colourful front patio. There is Plenty of parking space in the drive way that can fit at list 3 sizeable cars. Private and fenced back patio with grapes and avocado trees. Quite neighbourhood and enjoyable especially if looking for privacy and peace. Paramount studio is at 5 minutes walking distance and Hollywood sign view from the dining area window.

  • September, 2023

  • Sep 25, 2023

    Date

    Canceled

    CRMLS: 23309931

    $2,475,000

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: 23309931

    $2,475,000

    Price

  • Listing provided courtesy of CRMLS

    Bellissimo Compound Estate with Guest house is back in the market. Buyer couldn't perform due to their contingency on selling their own home. This Picturesque handcraft estate is located in a secluded pocket area in Hollywood. Sitting in over 13,000 Sqft of Flat Lot., seller custom-built this home for his numerous family of four kids, and looking to find that buyer who appreciate it as much as he did. Two Lot were combined back on 1995 and converted a detached garage into a permitted living space. Main duelling has a two story home with 4,004 Sqft living space, It features 5bed which 2 of them are Masters bedroom, 5 1/2 bath and a mother-in-law suite. Open layout kitchen with marble counter top as the breakfast area is connected to a high ceiling living room, original wood floor and sliding door windows. Second floor includes aMother-in -Law suite with 1 bed,1 full bath, private entrance, a private balcony. Family friendly neighbourhood , completely fenced property and plenty of space for parking cars. Guest House offers 980 Sqft of living space, 2 bed & 1bath, private balcony and front patio. Privacy, space and nature make this place different and better qualified for that buyer who intends to find a peacefully property, growing family, working from home maintaining their own privacy with comfort.

  • September, 2023

  • Sep 11, 2023

    Date

    Canceled

    CRMLS: 23306425

    $2,475,000

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: 23306425

    $2,575,000

    Price

  • Listing provided courtesy of CRMLS

    Duplex handcraft style back to rock and roll in the market with a new price. Buyer couldn't perform due to their contingency on selling their own home and now we are back. This estate is situated in a pocket area into an historical neighbourhood in Hollywood and It offers two detached family duellings. The main building its a two story home. it features 5bedrooms which 2 of them are Masters bedrooms, 5 1/2 bathrooms including a mother-in-law suite. Open layout kitchen with marble counter top as breakfast area which is connected to the living area great for recreational time with family. On the second floor we have an independent Mother-in -Law suite that offers 1 bedroom,1 full bath, private entrance and balcony. The second dwelling features 2 bedroom and 1 bathroom which it is been just completely remodelled. This family living estate incredibly sits in almost 13,000 soft . Its completely fenced and private. To continue with the second building which is perfect to host long term guests, family or either it has potential to be rent it out. This little gem features 2 bedroom and 1 bathroom which is been just remodelled. At the moment the smaller house is tenant occupied and buyer has the option to renew their contract with tenants as he/she prefer. The back patio and back yard are full of trees such as avocado, grapes, Aloes and much more. Privacy, space and nature make this place unique and different contrasting the frenetic life that now day we face in a daily basis.

  • August, 2023

  • Aug 31, 2023

    Date

    Canceled

    CRMLS: 23304371

    $2,575,000

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: 23304371

    $2,575,000

    Price

  • Listing provided courtesy of CRMLS

    Compound Estate back to rock and roll in the market with a new price. Buyer couldn't perform due to their contingency on selling their own home and now we are back. This estate is situated in a pocket area into an historical neighbourhood in Hollywood and It offers two detached family duellings. The main building its a two story home. it features 5bedrooms which 2 of them are Masters bedrooms, 5 1/2 bathrooms. Open layout kitchen with marble counter top as breakfast area which is connected to the living area great for recreational time with family. On the second floor we have an independent Mother-in -Law suite that offers 1 bedroom,1 full bath, private entrance and balcony. The second dwelling features 2 bedroom and 1 bathroom which it is been just completely remodelled. This Multigenerational family living estate incredibly sits in almost 13,000 soft . Its completely fenced and private. To continue with the second building which is perfect to host long term guests, family or either it has potential to be rent it out. This little gem features 2 bedroom and 1 bathroom which is been just remodelled. At the moment the smaller house is tenant occupied and buyer has the option to renew their contract with tenants as he/she prefer. The back patio and back yard are full of trees such as avocado, grapes, Aloes and much more. Privacy, space and nature make this place unique and different contrasting the frenetic life that now day we face in a daily basis.

  • August, 2023

  • Aug 24, 2023

    Date

    Canceled

    CRMLS: 23293431

    $2,699,000

    Price

  • Jan 1, 2022

    Date

    Active

    CRMLS: 23293431

    $2,699,000

    Price

  • Listing provided courtesy of CRMLS

    We persist to present into the market This Compound Estate located in Melrose Hi. This property is situated in a unique pocket area in Hollywood. Handcrafts style home, Build and customised it back on 1995. Seller wanted to create a special home for his family of four kids. Now all grown up and all of them left the city, this property is on the market waiting for that special buyer that is looking for a property like this one. It is a rare opportunity to get a Compound Estate for a multigenerational family living which is sitting over a 13,000 Sqft of Lot facing the Hollywood sign. This property offers 2 detached buildings and a Mother-in-law apartment. The primary building #4957 is a two story home with 4,044 Sqft of Open Layout living space and it features 5 Bed and 4 1/2 Baths. The first floor consists of A Master bedroom with walk-in closet and its own private bathroom, 1/2 Bath and Kitchen. Kitchen is characterised of breakfast countertops, dining area that leads to the back-covered porch and backyard. The backyard is an oasis of relax with trees of various genres such as figs, lemon and avocado. The Sunset is one of the best time to enjoy this paradise of colors. On the second floor as well features one Master bedroom with walk-in closet and its own bathroom, 2 same size guest bedrooms and 1 Full Bathrooms. A second independent entrance links to the Mother-in-law suite. The Mother in law suite features a dining area, 1Bd and 1Bath. For guest, relatives and friends there is the unit 4959 which is offering 960 Sqft of living space, 2 Bed 1 Bath and a private back patio to enjoy with glasses of wine. This Compound Estate is close to the school district and Melrose Hight School, centrally located in the most serene neighbourhood and 2 minutes away from Paramount. There are endless potentials in this property, come to see it and I am sure it will make the difference. To disclose that pictures are virtually staged.

  • July, 2023

  • Jul 22, 2023

    Date

    Canceled

    CRMLS: 23269871

    $2,699,000

    Price

  • May 12, 2023

    Date

    Active

    CRMLS: 23269871

    $2,699,000

    Price

  • Listing provided courtesy of CRMLS

    Craftsman Duplex with huge Lot and View. It is a rare opportunity to get a Compound Estate sitting over 13,000 Sqft facing the Hollywood sign. This property offers 2 detached Units #4957 & #4959, plus a Mother-in-law apartment. The primary Unit #4957 is two story home with 4,044 Sqft of Open Layout living space and it features 5 Bed and 4 1/2 Baths. The first floor consists of A Master bedroom with walk-in closet and its own private bathroom, 1/2 Bath and Kitchen. Kitchen is characterised of breakfast countertops, dining area that leads to the back-covered porch and backyard. The backyard is an oasis of relax with trees of various genres such as figs, lemon and avocado. The Sunset is one of the best time to enjoy this paradise of colors. On the second floor as well features one Master bedroom with walk-in closet and its own bathroom, 2 same size guest bedrooms and 1 Full Bathrooms. A second independent entrance links to the Mother-in-law suite. The Mother in law suite features a dining area, 1Bd and 1Bath. Space is key keys in this property. The detached Unit #4959 is another cutie to describe. This cozy home is offering 960 Sqft of living space, 2 Bed 1 Bath and a private back patio to enjoy with glasses of wine. This Compound Estate is close to the school district and Melrose Hight School, centrally located in the most serene neighbourhood and 2 minutes away from Paramount. There are endless potentials especially for multigenerational family living contest or either as a Rental Income property while owner occupying. Come and see and it will make the difference. To disclose that pictures are virtually staged.

  • May, 2023

  • May 12, 2023

    Date

    Canceled

    CRMLS: 23238677

    $2,699,000

    Price

  • Jan 30, 2023

    Date

    Active

    CRMLS: 23238677

    $2,699,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this Craftsman Compound Estate in the most beautiful area of Melrose HI. This gorgeous Estate is sitting over 13,000 Sqft of a Flat Lot. Its offering 2 detached Units #4957 - #4959 and a Mother-in-law apartment. The primary Unit #4957 is two story home with 4,044 Sqft of Open Layout living space and it features 5 Bed and 4 1/2 Baths. The first floor consists of A Master bedroom with walk-in closet and its own private bathroom, 1/2 Bath and Kitchen. Kitchen is characterised of breakfast countertops, dining area that leads to the back-covered porch and backyard. The backyard is an oasis of relax with trees of various genres such as figs, lemon and avocado. The Sunset is one of the best time to enjoy this paradise of colors. On the second floor as well features one Master bedroom with walk-in closet and its own bathroom, 2 same size guest bedrooms and 1 Full Bathrooms. A second independent entrance links to the Mother-in-law suite. The Mother in law suite features a dining area, 1Bd and 1Bath. Space is key keys in this property. The detached Unit #4959 is another cutie to describe. This cozy home is offering 960 Sqft of living space, 2 Bed 1 Bath and a private back patio to enjoy with glasses of wine. This Compound Estate is close to the school district and Melrose Hight School, centrally located in the most serene neighbourhood and 2 minutes away from Paramount. There are endless potentials especially for multigenerational family living contest or either as a Rental Income property while owner occupying. Come and see and it will make the difference. To disclose that pictures are virtually staged.

  • February, 2023

  • Feb 1, 2023

    Date

    Expired

    CRMLS: 22226933

    $2,775,000

    Price

  • Aug 18, 2022

    Date

    Active

    CRMLS: 22226933

    $2,775,000

    Price

  • Listing provided courtesy of CRMLS

    Cozy Handcraft Compound Estate offering space and privacy. This property might be a good fit for multigenerational family living since twenty-seven years ago owner custom built this property to enjoy with his numerous family. Now kids are grown up and took a pass on the tempting passive income that this duplex was generating. The family has enjoyed every inch of the 5,005 square feet that constitutes 2 detached Units perfectly independent situated in the Cul-de-Sac of Melrose. Sun kissed Main house offering 4,044 Sqft of living space, blending voluminous 4 Bed and 4 +1/2 Bath with an open Layout kitchen perfect for big catering with friends & family. Going to the second floor there is a 1Bed and 1 bath Mother-in-law suit perfectly independent with its own entrance and a private balcony. This estate has to offer numerous potentials based not only as rental income, but also as the perfect place for multigenerational family living. The detached Unit #4959 presents itself with 960 Sqft of living space. It features 2 Bed and 1 Bath, private back patio with BBQ facing the Hollywood sign. This property is an Oasis of Relax & privacy and plenty of space for developing an ADU, pool and an outdoor Gym. Open your eyes and come to check this Colourful Cozy home that can be either a money maker or an Oasis of relax!

  • February, 2023

  • Feb 1, 2023

    Date

    Expired

    CRMLS: 22192897

    $8,750

    Price

  • Aug 24, 2022

    Date

    Active

    CRMLS: 22192897

    $8,750

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous craftsman house for lease now in the neighbourhood of Melrose. This property features 4 well sized bedrooms, 3.5 baths, 2 story living room with city views, extra large kitchen and family room living space with balcony, private bathroom, 2 master bedroom with walk in closet. Private back-patio facing the Hollywood sign perfect for family gathering while enjoying the fresh breeze.

  • December, 2022

  • Dec 22, 2022

    Date

    Canceled

    CRMLS: 22218077

    $2,775,000

    Price

  • Aug 18, 2022

    Date

    Active

    CRMLS: 22218077

    $2,825,000

    Price

  • Listing provided courtesy of CRMLS

    Colourful Cozy and oh so Cool ~ Dashing 1995 Craftsman Duplex or Compound Estate sitting over 13,000 Sqft of flat Lot. Twenty-seven years ago owner custom built this property to enjoy with his numerous family, and now kids are grown up and took a pass on the tempting passive income that this duplex was generating. The family has enjoyed every inch of the 5,005 square feet that constitutes 2 detached Units perfectly independent situated in the Cul-de-Sac of Melrose. Sun kissed Main house offering 4,044 Sqft of living space, blending voluminous 4 Bed and 4 +1/2 Bath with an open Layout kitchen perfect for big catering with friends & family. Previously rented unfurnished at $9,000/Mth. Going to the second floor there is a 1Bed and 1 bath Mother-in-law suit perfectly independent with its own entrance and a private balcony. To mention that Mother in law suite was rented at $2,700/Mth. This estate has to offer numerous potentials based not only as rental income, but also as the perfect place for multigenerational family living. Detached Unit 4959 presents itself with 960 Sqft of living space. It features 2 Bed and 1 Bath, private back patio with BBQ facing the Hollywood sign. This last one is currently rented at $3,700/Mth. Total Gross Rent is approximately $17,000/Mth or more. Fenced property offering an Oasis of Relax & privacy and plenty of space for developing an ADU, pool and an outdoor Gym. Open your eyes and come to check this Colourful Cozy home that can be either a money maker or an Oasis of relax!

  • November, 2022

  • Nov 14, 2022

    Date

    Canceled

    CRMLS: 22191225

    $2,825,000

    Price

  • Aug 18, 2022

    Date

    Active

    CRMLS: 22191225

    $2,875,000

    Price

  • Listing provided courtesy of CRMLS

    Colourful Cozy and oh so Cool ~ Dashing 1995 Craftsman Duplex or Compound Estate sitting over 13,000 Sqft of flat Lot. Twenty-seven years ago owner custom built this property to enjoy with his numerous family, and now kids are grown up and took a pass on the tempting passive income that this duplex was generating. The family has enjoyed every inch of the 5,005 square feet that constitutes 2 detached Units perfectly independent situated in the Cul-de-Sac of Melrose. Sun kissed Main house offering 4,044 Sqft of living space, blending voluminous 4 Bed and 4 +1/2 Bath with an open Layout kitchen perfect for big catering with friends & family. Previously rented unfurnished at $9,000/Mth. Going to the second floor there is a 1Bed and 1 bath Mother-in-law suit perfectly independent with its own entrance and a private balcony. To mention that Mother in law suite was rented at $2,700/Mth. This estate has to offer numerous potentials based not only as rental income, but also as the perfect place for multigenerational family living. Detached Unit 4959 presents itself with 960 Sqft of living space. It features 2 Bed and 1 Bath, private back patio with BBQ facing the Hollywood sign. This last one is currently rented at $3,700/Mth. Total Gross Rent is approximately $17,000/Mth or more. Fenced property offering an Oasis of Relax & privacy and plenty of space for developing an ADU, pool and an outdoor Gym. Open your eyes and come to check this Colourful Cozy home that can be either a money maker or an Oasis of relax!

  • May, 2022

  • May 1, 2022

    Date

    Expired

    CRMLS: 22119483

    $2,895,000

    Price

  • Jan 18, 2022

    Date

    Active

    CRMLS: 22119483

    $2,895,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to magical Melrose Hill, the backdrop of many TV shows and movies. This quaint neighborhood consists of 2 cul-de-sacs featuring Craftsman and Traditional homes surrounded by kids playing in the streets and neighbors walking their dogs. This unique offering consists of a very large 4 bedroom 3.5 bath main house (built in the 1990's) with a separate in-law suite which could be a great opportunity for an ADU and additional income. The second house features 2 bedrooms, 1 bath, newer kitchen and bath plus an open layout and is currently leased for $3,700 per month. Both homes offer city views and plenty of outdoor space with room for a pool. This was once 2 separate lots that have been combined to create this 2 house compound and one of the largest lots in the neighborhood. Come and explore this wonderful neighborhood in the heart of Hollywood.

  • May, 2022

  • May 1, 2022

    Date

    Expired

    CRMLS: 22119475

    $2,895,000

    Price

  • Jan 18, 2022

    Date

    Active

    CRMLS: 22119475

    $2,895,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to magical Melrose Hill, the backdrop of many TV shows and movies. This quaint neighborhood consists of 2 cul-de-sacs featuring Craftsman and Traditional homes surrounded by kids playing in the streets and neighbors walking their dogs. This property has been with the same family since the 1970's and offers 2 homes for the price of one. The main house features 4 well sized bedrooms, 3.5 baths, 2 story living room with city views, extra large kitchen and family room plus a separate in-laws suite with a kitchenette, living space with balcony, private bathroom, walk in closet and separate entrance (could be a great ADU for additional income). The second home offers 2 bedrooms, bath, newer kitchen and open living space and is currently leased for $3,700 per month. Both homes have outdoor spaces with patios, gardens and city views. Plenty of room for a pool. Come explore our wonderful Melrose Hill.

  • December, 2021

  • Dec 21, 2021

    Date

    Expired

    CRMLS: 21793972

    $2,995,000

    Price

  • Oct 11, 2021

    Date

    Active

    CRMLS: 21793972

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    Have you ever been up to Melrose Hill? Come find out what makes this charming HPOZ neighborhood so special and a wonderful find. This family compound is one of the largest lots in the neighborhood and features a large main house plus a separate cottage. The main home (delivered vacant) features a dramatic 2 story living room full of light and views and flows into the kitchen and family space which leads out to the deck and gardens. Also on the main floor is the primary bedroom suite with doors out to the yard, spacious updated bathroom and huge walk in closet. Climb the stairs to find 3 additional bedrooms and 2 bathrooms PLUS there is a large guest suite that could be used as a 2nd primary suite, guest room or private office space with it's own entrance. Step out to the gardens to enjoy the city views and there is plenty of room to add a pool. On a separate lot is a charming 2 bedroom, 1 bath guest house with newer kitchen and bath. Enjoy the city views while dining on the deck. Guest house is currently rented for $3,700 per month. A rare find in a super charming neighborhood close to all.

  • August, 2021

  • Aug 27, 2021

    Date

    Active

    CRMLS: 21776928

    $3,199,000

    Price

  • Listing provided courtesy of CRMLS

    Have you ever been up to Melrose Hill? Come find out what makes this charming HPOZ neighborhood so special and a wonderful find. This family compound is one of the largest lots in the neighborhood and features a large main house plus a separate cottage. The main home features a dramatic 2 story living room full of light and views and flows into the kitchen and family space which leads out to the deck and gardens. Also on the main floor is the primary bedroom suite with doors out to the yard, spacious updated bathroom and huge walk in closet. Climb the stairs to find 3 additional bedrooms and 2 bathrooms PLUS there is a large guest suite that could be used as a 2nd primary suite, guest room or private office space with it's own entrance. Step out to the gardens to enjoy the city views and there is plenty of room to add a pool. On a separate lot is a charming 2 bedroom, 1 bath guest house with newer kitchen and bath. Enjoy the city views while dining on the deck. Guest house is currently rented for $3,700 per month. A rare find in a super charming neighborhood close to all.

  • June, 2007

  • Jun 18, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2005

  • Jun 16, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4957 W Melrose Hill

Assessed Value (2020): $486,804
Year Land Value Improved Value Assessed Value
2020 $85,364 $401,440 $486,804

Home Value Compared to the Market

This property vs the competition

4957 W Melrose Hill sold on April 23, 2024 for 107.98% 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 $494.6 per/sqft which puts the price per square foot 34.49% lower than the current median sale per square foot for the city of Los Angeles.

About 4957 W Melrose Hill

Detailed summary of property

4957 W Melrose Hill is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 7 bedrooms, 7 bathrooms, roughly 5,004 living square feet, and sits on an approximately 12,995 square foot lot. 4957 W Melrose Hill was first listed on ArdentRealEstateGroup.com on September 25, 2023. The homeowner sold the property for $2,600,000. 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 107.98% higher than the current median priced home. Local homes that are currently for sale include 1425 N Normandie Ave, 251 N Kenmore Ave and 1610 Hobart. While the average home in Los Angeles, CA is selling in 94 days, 4957 W Melrose Hill has a days on market of 148 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 4957 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 4957 W Melrose Hill

Public county record property details
Beds
7
Baths
6
Year built
1995
Sq. Ft.
5,004
Lot Size
12,995
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
31,32
APN
5535-028-026

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
$1,199,000
Median List Price/Sq.Ft.
$802
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
32
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 4957 W Melrose Hill

Nearby Homes for Sale

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Recently Sold Homes Near 4957 W Melrose Hill

848 Serrano Pl, Los Angeles, CA 90029
$1,308,000 Last Sold Price
4252 Beds
2550 Baths
-- Sq.Ft.
848 Serrano Pl
Los Angeles, CA 90029
852 N Oxford Ave, Los Angeles, CA 90029
$1,400,000 Last Sold Price
4 Beds
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5082 Lemon Grove Ave, Los Angeles, CA 90029
$1,100,000 Last Sold Price
4 Beds
4 Baths
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5082 Lemon Grove Ave
Los Angeles, CA 90029
821 N Oxford Ave, Los Angeles, CA 90029
$790,000 Last Sold Price
1644 Beds
1644 Baths
1232 Sq.Ft.
821 N Oxford Ave
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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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