4957 Melrose
Los Angeles, CA 90029
Sold
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.
PROPERTY INFORMATION
MLS # | 23314766 | Lot Size | 12,995 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 2,475,000
Price Per SqFt: $ 495 |
DOM | 586 Days |
Address | 4957 Melrose | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 5,004 Sq. Ft. |
Postal Code | 90029 | Garage | N/A |
County | Los Angeles | Year Built | 1995 |
Bed / Bath | 7 / 0 | Parking | 8 |
Built In | 1995 | Status | Closed |
Sold Date | 2024-04-23 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | In Garage |
Has Appliances | Yes |
Kitchen Appliances | Microwave |
Has Heating | Yes |
Heating Information | Central |
Room Information | Living Room, Walk-In Closet, Two Primaries, Primary Bathroom, Family Room, Guest/Maid's Quarters |
Has Cooling | Yes |
Cooling Information | Central Air |
Flooring Information | Wood |
Has Spa | No |
SpaDescription | None |
EXTERIOR FEATURES
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,640
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
04/23/2024 | Sold | $2,600,000 |
01/19/2024 | Active Under Contract | $2,475,000 |
11/18/2023 | Relisted | $2,475,000 |
11/02/2023 | Listed | $2,475,000 |
09/25/2023 | Sold | $2,475,000 |
08/22/2023 | Active | $2,475,000 |

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Listing provided courtesy of Alessandra Ferracuti, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.