Beautiful 1929 Sixplex, with significant ADU potential, in prime Los Feliz location. The property boasts a sunny South-facing corner lot with excellent exposure. Ideal for investors and 1031 exchange buyers. Each one-bedroom/one-bath unit comes with its own garage space. Possible Opportunity to add two, 2-bedroom, ADU's above the existing garage. Located within the highly ranked and sought after Franklin Elementary School district, with unbeatable access to major employment hubs such as Downtown LA, Hollywood & Koreatown, and just moments from attractive lifestyle amenities such as Griffith Park and the vibrant Hillhurst Avenue — home to some of LA’s most popular cafes, restaurants, and boutiques. Plumbing water lines were replaced with copper pipes recently. All units feature private patios, adding to tenant appeal! The property is fully occupied and generating steady income, with room for future rent growth. Please note that this is Drive-By Only; we kindly request that you Do Not Disturb The Tenants. Interior access with accepted offer. Financials available upon request. Subject to Los Angeles Rent Stabilization Ordinance (LARSO). This is a great opportunity to acquire a magnificent property! Don’t miss it!
MLS #
CRSR25159378
MLS Source
California Regional MLS
Days on Site
6
Laundry
None
Garage/Parking
Garage: 6 Car(s)
HOA Fee
$0
Listing Agent
Dennis Chernov
The Agency
License #: 01850113
Phone: (818) 432-1524
Co-Listing Agent
Kevin Silver
License #: 01888127
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 6 | – |
4301 Melbourne Ave is a Residential Income in Los Angeles, CA 90027. This – square foot property sits on a 6,799 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,990,000 and was built in 1930.
This address can also be written as 4301 Melbourne Ave, Los Angeles, CA 90027.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 16, 2025. For the most current information, please contact Dennis Chernov, (818) 432-1524