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    4015 Melrose Ave

    Los Angeles, CA 90029
    • $7,850,000
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 21-753634
    UPDATED: 24 min ago
    $7,850,000
    • 44
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 27,796
      SQFT
    • $282
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    This is a great opportunity to purchase a value-add apartment building in the desirable Virgil Village neighborhood of East Hollywood. Adjacent to Silverlake, this striking 4-story structure features 44 units iwth a diverse unit mix, an elevator, laundry room, separately metered electric and a solar water heating system.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-24T11:42:46.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.haciendagroupinc.com/homes/118748503
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    4015 Melrose Ave Los Angeles, CA 90029

    • Price: $7,850,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 21-753634
    44
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    27,796
    SQFT
    $282
    $/SQFT
    1928
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    This is a great opportunity to purchase a value-add apartment building in the desirable Virgil Village neighborhood of East Hollywood. Adjacent to Silverlake, this striking 4-story structure features 44 units iwth a diverse unit mix, an elevator, laundry room, separately metered electric and a solar water heating system.
    Exterior Features

    Lot Size Area 9309 Other Structures None Parking Garage None Total Parking 0

    Interior Features

    Baths Total 44.00 Cooling None Equipment Elevator Heating Wall Gas Laundry Laundry Area

    Property Features

    Assessed Total Value 953249 Gross Income 562008 Gross Operating Income 545148 Like Units1 12 Like Units2 28 Like Units3 4 Net Operating Income 270525.00 Number Of Buildings 1 Number Of Units 44 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 274623 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Bryan Glenn DRE#01441095 of Kidder Mathews Of California, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-24T11:42:46.697. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253