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44-Unit Apartment Building
For Sale
Contact for pricing
Pending

4015 Melrose Ave, Los Angeles, CA 90029

Four-story apartment property with renovated units, secured entry, solar water heating, and on-site laundry.

Property Size27,796 SF
Lot Size0.21 Acres
Days on Market144

Property Features for 4015 Melrose Ave

General Information

Standard status Pending
Size 27,796 SF
Lot size 0.21 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 12 x 1BR/1BA, 28 x studio, 4 x bachelor
Multifamily Units 44

Additional Details

Opportunity Zone Yes

Amenities

on-site laundry
secured access
solar water heating system

Building Details

Year Built 1928
Buildings 1
Stories 4
Listing Agency: Kidder Mathews Los Angeles West
Listed By: Janet Neman · License #CA 01069127
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Los Angeles West

Investment Insights

Based on property information with market context.

Located at 4015 Melrose Ave in Los Angeles, this 44-unit apartment property occupies a four-story building constructed in 1928. The approximately 27,796-square-foot structure sits on an approximately 9,309-square-foot lot and includes 28 studios, 12 one-bedroom/one-bath apartments, and 4 bachelor units. Select residences have received interior improvements, including updated flooring, kitchens, bathrooms, ceiling fans, and light fixtures. Unit features include open layouts, walk-in closets, storage areas, and tall windows.

The property is separately metered for electricity and includes solar water heating, secured access, an on-site laundry room, and recently improved lighting and flooring in common areas. Its Melrose Avenue setting places the building near Virgil Avenue restaurants, shops, bars, entertainment venues, and local transportation. The property also offers access to the 101 Freeway and nearby employment centers in Downtown LA, Hollywood, Mid-Wilshire, West Hollywood, Beverly Hills, and Century City.

Key Highlights

  • 44 units with a mix of 28 studios, 12 one‑bedroom/one‑bath units, and 4 bachelor units
  • Approximately 27,796 square feet on an approximately 9,309‑square‑foot lot
  • Four‑story apartment building constructed in 1928

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Travel Agency (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,118
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-story apartment property with renovated units, secured entry, solar water heating, and on-site laundry.
Where is this apartment building located?
The property is located at 4015 Melrose Ave Los Angeles, CA.
What are key features of this property?
This property features: 44 units with a mix of 28 studios, 12 one‑bedroom/one‑bath units, and 4 bachelor units; Approximately 27,796 square feet on an approximately 9,309‑square‑foot lot; Four‑story apartment building constructed in 1928
(310) 996-2210 Call to check price and availability
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