$849,000
Los Angeles, CA 90004
4
Beds
3
Baths
1,826
Sq. Ft.
1918
Year Built
Los Angeles
County
SingleFamilyResidence
Property Type
Fixer opportunity in the desirable Melrose Hill neighborhood of Los Angeles! The property features a 3-bedroom, 2-bathroom front house that will be delivered vacant at the close of escrow, along with a separate, tenant-occupied 1-bedroom, 1-bathroom permitted garage conversion. Built in 1918, this property offers approximately 1,826 square feet of living space on a 5,698-square-foot LAR3-zoned lot. With plenty of potential for renovation and improvements, this property presents an excellent opportunity for investors, developers, or owner-users looking to add value. Conveniently situated in Melrose Hill, the property offers easy access to Koreatown, Hancock Park, Hollywood, Downtown Los Angeles, and surrounding employment centers. The neighborhood is known for its growing dining scene, shopping, entertainment, and accessibility to major transportation corridors, making it an attractive location for both homeowners and renters. The property's LAR3 zoning provides additional possibilities for those interested in exploring future development or expansion, subject to city approvals and applicable regulations. Its central location, flexible layout, and renovation potential make it an appealing opportunity for buyers looking to maximize the property's value. Whether you're an investor seeking a long-term rental property, a developer exploring future possibilities, or an owner-user looking to customize a home to your vision, this Melrose Hill fixer offers an opportunity to create something special in a centrally located Los Angeles neighborhood.
$4,519/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 4:30 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
