C4-1VL Commercial
New
For Sale
$2,195,000
4149 Melrose Ave, Los Angeles, CA 90029
Vacant infill parcel with existing improvements and C4-1VL zoning along Melrose Avenue.
Property SizeContact for details
Days on Market5
Property Features for 4149 Melrose Ave
General Information
Standard status
Active
Property subtype
LAND
Listing Agency:
Nourmand & Associates-HW
(323) 422-2244
Listed By:
Christopher Furstenberg · License #01208924
Source:
Carolinakramer
Added: Aug 19
Changed: Aug 22
Last Checked: Aug 22 at 12:03PM
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 Nourmand & Associates-HW
Investment Insights
Based on property information with market context.
This vacant commercial land offering includes an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements. The structures are described as a tear-down configuration containing five units: a fourplex and a separate house. The property is zoned C4-1VL and identified as a TOC Tier 3 site.
The site occupies a stretch of Melrose Avenue in East Hollywood, near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line. Downtown Los Angeles and the 101 Freeway are also accessible from the property. Potential development considerations identified for the site include residential or mixed-use pathways, density incentives, reduced parking requirements under AB 2097, and possible eligibility for certain affordable-housing programs, subject to independent verification and required approvals. The sale is being conducted through probate, with the executor holding Full Authority.
The site occupies a stretch of Melrose Avenue in East Hollywood, near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line. Downtown Los Angeles and the 101 Freeway are also accessible from the property. Potential development considerations identified for the site include residential or mixed-use pathways, density incentives, reduced parking requirements under AB 2097, and possible eligibility for certain affordable-housing programs, subject to independent verification and required approvals. The sale is being conducted through probate, with the executor holding Full Authority.
Key Highlights
- Approximately 9,321‑square‑foot lot
- Roughly 4,121 square feet of existing improvements
- Vacant tear‑down configuration with 5 units: fourplex plus house
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,216
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant infill parcel with existing improvements and C4-1VL zoning along Melrose Avenue.
Where is this commercial land located?
The property is located at 4149 Melrose Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Approximately 9,321‑square‑foot lot; Roughly 4,121 square feet of existing improvements; Vacant tear‑down configuration with 5 units: fourplex plus house
