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Listed by Robert Sillman, Robert Sillman, Cameron Samimi Listing Contact: 310-908-5092

$2,100,000

4071 Melrose Ave, Los Angeles CA, 90029

Price per sqftN/A
Built in1981
Property typeMulti-family

Overview

Active

Listed Oct 19, 2026

Updated 10h 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
CRSB26224115

Interior Features

Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres
MLS provider logo

Listed by Robert Sillman, Robert Sillman DRE:02145409, Cameron Samimi
Listing Contact: 310-908-5092 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Shawn Jahanbani | CA DRE# 01952057 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Shawn Jahanbani | CA DRE# 01952057 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 2:08 PM UTC, 10/19/2026

 

 

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