$2,775,000

4957 4959 W Melrose, Los Angeles, CA 90029

5,004

Square feet

12,995

Lot Size

3

# Of Units

Listing Agent
Alessandra Ferracuti - Compass

Colourful Cozy and oh so Cool ~ Dashing 1995 Craftsman Duplex or Compound Estate sitting over 13,000 Sqft of flat Lot. Twenty-seven years ago owner custom built this property to enjoy with his numerous family, and now kids are grown up and took a pass on the tempting passive income that this duplex was generating. The family has enjoyed every inch of the 5,005 square feet that constitutes 2 detached Units perfectly independent situated in the Cul-de-Sac of Melrose. Sun kissed Main house offering 4,044 Sqft of living space, blending voluminous 4 Bed and 4 +1/2 Bath with an open Layout kitchen perfect for big catering with friends & family. Previously rented unfurnished at $9,000/Mth. Going to the second floor there is a 1Bed and 1 bath Mother-in-law suit perfectly independent with its own entrance and a private balcony. To mention that Mother in law suite was rented at $2,700/Mth. This estate has to offer numerous potentials based not only as rental income, but also as the perfect place for multigenerational family living. Detached Unit 4959 presents itself with 960 Sqft of living space. It features 2 Bed and 1 Bath, private back patio with BBQ facing the Hollywood sign. This last one is currently rented at $3,700/Mth. Total Gross Rent is approximately $17,000/Mth or more. Fenced property offering an Oasis of Relax & privacy and plenty of space for developing an ADU, pool and an outdoor Gym. Open your eyes and come to check this Colourful Cozy home that can be either a money maker or an Oasis of relax!

Facts & Features

MLS® # 22218077
Price $2,775,000
Bathrooms 0.00
Square Footage 5,004
Lot Size 12,995
Year Built 1995
Type Residential Income
Style Craftsman
Status Active
# Of Units 3

Community Information

Address 4957 4959 W Melrose
Area C20 - Hollywood
City Los Angeles
County Los Angeles
State CA
Zip Code 90029

Amenities

Parking Spaces 6
Parking Concrete, Driveway, Guest, One Space
Garages Concrete, Driveway, Guest, One Space
View City Lights, Hills
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Wood
Interior Features Ceiling Fan(s), Walk-In Closet(s)
Appliances Dishwasher
Heating Central
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces None
# of Stories 2

Exterior

Lot Description Back Yard, Front Yard
Foundation Raised

Additional Information

Date Listed August 18th, 2022
Days on Market 108
Zoning LAR1
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentAlessandra Ferracuti
OfficeCompass

Listing Map

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