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4957 4959 W Melrose

Los Angeles (City), CA 90029
  • $2,600,000
  • STATUS: Closed
  • ON SITE: 299 Days
  • ID#: 23314766
Sold - 04/23/2024
$2,600,000
SOLD - 04/23/2024
  • 7
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,004
    SQFT
  • $520
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1995
County:

School Ratings & Info

Listing Agent(s): Alessandra Ferracuti of Compass (310-230-5478)


Description

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.

Sold by Joshua of .

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-21T00:30:58.537. 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 deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
www.socalrealtyexpert.com/homes/143705063
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4957 4959 W Melrose Los Angeles (City), CA 90029

  • Price: $2,475,000
  • Status: Closed
  • On Site: 299 Days
  • ID#: 23314766
7
Beds
0
Baths
0
½ Baths
0.3
Acres
5,004
SQFT
$520
$/SQFT
1995
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
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.
Exterior Features

Architectural Style Craftsman Other Structures Guest House Parking Features ConcreteDoor-MultiGarage Parking Total 8 Pool Features None Pool Private YN No Spa Features None Spa YN No View Hills View YN Yes

Interior Features

Appliances Microwave Common Walls No Common Walls Cooling Central Air Cooling YN Yes Flooring Wood Heating Central Heating YN Yes Interior Features Multiple Primary SuitesWalk-In Closet(s)

Property Features

Association YN No Gross Income 189000 Laundry Features In Garage Levels OneTwoMulti/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 132000 New Construction YN No Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 5 Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-07-21T00:30:58.537. 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 deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
 
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Robin McCann | EXIT Alliance Realty
43521 Rige Park Drive, Suite 201
Temecula CA, 92590
Listing Agent(s): Alessandra Ferracuti of Compass (310-230-5478)