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Vacant Infill Commercial Land
New
For Sale
$2,195,000

4149 Melrose Ave, Los Angeles, CA 90029

Land, Los Angeles, CA

Property SizeContact for details
Lot Size0.21 Acres
Days on Market5

Property Features for 4149 Melrose Ave

General Information

Property type Land
Property subtype Other
Zoning LAC4
Directions East of Vermont, On North Side of Melrose
Subdivision Silver Lake - Echo Park
Special listing conditions Probate Listing
Standard status Active
APN 5539-021-016
Lot size 0.21 Acres
Listing Agency: Nourmand & Associates-HW
Listed By: Christopher Furstenberg · License #01208924
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 23 at 11:06AM
MLS# 26874737

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering at 4149 Melrose Ave includes an approximately 9,321-square-foot parcel with roughly 4,121 square feet of existing improvements. The property is delivered vacant, and the improvements are identified as a tear-down configuration comprising five units, including a fourplex and a house. The site is designated TOC Tier 3, while additional development programs and requirements remain subject to independent verification.

The property is positioned along Melrose Avenue in Los Angeles, near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line. The 101 Freeway and downtown Los Angeles are also accessible from the site. The sale is being handled as a probate transaction, with the executor holding Full Authority; applicable probate procedures remain in effect.

Key Highlights

  • Approximately 9,321‑square‑foot commercial land parcel
  • Roughly 4,121 square feet of existing improvements
  • Delivered vacant with five‑unit tear‑down configuration: fourplex plus house

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,216
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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant parcel with existing improvements and a TOC Tier 3 designation supporting evaluation of redevelopment options.
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 commercial land parcel; Roughly 4,121 square feet of existing improvements; Delivered vacant with five‑unit tear‑down configuration: fourplex plus house
More about this property
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