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4,024 sqft

$2,100,000

4071 Melrose Ave, Los Angeles CA, 90029

Price per sqft$521.87
Built in1981
Property size4,024 sqft
Property typeCondominium
Listed by Robert Sillman CA DRE# 02145409 with Robert Sillman [email protected]

Overview

Coming soon Oct 20, 2026

Listed Sep 19, 2026

Updated 11h ago

6.11% Cap Rate | 11.01 GRM | Exempt from LA City Rent Control. Built in 1981 and fully renovated in 2024, 4071 Melrose Avenue is subject to California AB 1482 rent increases (5% + CPI) and located in East Hollywood/Virgil Village near Silver Lake. The existing unit mix consists of (5) 1-bed/1-bath units and (1) 2-bed/1-bath unit, featuring interior renovations with in-unit washer/dryers, mini-split HVAC, white oak flooring, custom cabinetry, and GE appliances. Additional features include new exterior stucco, paint, fencing, individual water heaters, and a Ratio Utility Billing System (RUBS). Situated on a 7,110 sq ft lot with up to 10 parking spaces, the property includes plans for two and four ADUs (1,141 sq ft 3B/2B and 716 sq ft 2B/2B) in the rear parking lot. The property also benefits from well-maintained major systems, including roof, plumbing, and electrical.

$13,971/mo

Est. mortgage payment based on a $2,100,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB26224115

Interior Features

Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Maintenance Expense
$3,600
55+/Senior Community
No
MLS provider logo

Listed by Robert Sillman CA DRE# 02145409 with Robert Sillman [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/16/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/16/2026 at 4:07 PM UTC Last Checked: 4:07 PM UTC

 

 

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