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$2,100,000 Coming Soon

  • For Sale
  • Coming Soon
  • Multi-Family
  • Updated 2 hours ago
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6.11% Cap Rate | 11.01 GRM | Exempt from LA City Rent Control. Built in 1981 and fully renovated in 2024, 4071 Melrose Avenue is subject to California AB 1482 rent increases (5% + CPI) and located in East Hollywood/Virgil Village near Silver Lake. The existing unit mix consists of (5) 1-bed/1-bath units and (1) 2-bed/1-bath unit, featuring interior renovations with in-unit washer/dryers, mini-split HVAC, white oak flooring, custom cabinetry, and GE appliances. Additional features include new exterior stucco, paint, fencing, individual water heaters, and a Ratio Utility Billing System (RUBS). Situated on a 7,110 sq ft lot with up to 10 parking spaces, the property includes plans for two and four ADUs (1,141 sq ft 3B/2B and 716 sq ft 2B/2B) in the rear parking lot. The property also benefits from well-maintained major systems, including roof, plumbing, and electrical.

Full Property Details for 4071 Melrose Ave

General

  • Price: $2,100,000
  • Status: Coming Soon
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26224115
  • Updated: Today (10/16/2026)
  • Added to Site: Today

Interior

  • Interior Features: Built-in Features, Ceiling Fan(s)
  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Inside, Stackable

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Assigned
  • Parking: Assigned

Location

  • Area: C21 - Silver Lake - Echo Park
  • County: Los Angeles
  • Development Name: C21 - Silver Lake - Echo Park
  • Driving Directions: Located on Melrose Ave between Virgil Ave and Madison Ave

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s), High Efficiency

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,024
  • Year Built: 1981

Unit Information

Unit 1

  • Number of Units: 5
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1632
  • Lot Size (Sq. Ft.): 7,110
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $521.87
  • Price Per Unit: 350000

Listed by Robert Sillman, Robert Sillman and Lyon Stahl Investment Real Estate, Inc., Cameron Samimi

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Listing agents

— 4071 Melrose Ave —

  • Robert Sillman

    Robert Sillman

  • Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

bobby.sillman@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4071 Melrose Ave

School District:Los Angeles Unified School District
NameGradesDistance
Dayton Heights Elementary School
607 N. W.moreland Ave., Los Angeles, CA 90004
K-50.1 mi
Thomas Starr King Middle School
4201 Fountain Avenue, Los Angeles, CA 90029
6-81 mi
John Marshall Senior High School
3939 Tracy Street, Los Angeles, CA 90027
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4071 Melrose Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2026
Listed
$2,100,000
51.62%
MLS
7/18/2023
Sold
$1,385,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4071 Melrose Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,943
—
$1,440,954
2%
2025
$17,943
116%
$1,412,700
136%
2023
$8,292
4%
$598,592
2%
2022
$7,944
1%
$586,855
2%
2021
$7,835
-1%
$575,349
1%
2020
$7,902
4%
$569,451
2%
2019
$7,625
2%
$558,286
2%
2018
$7,471
3%
$547,340
2%
2017
$7,277
3%
$536,609
2%
2016
$7,085
1%
$526,089
2%
2015
$6,992
-1%
$518,188
2%
2014
$7,051
—
$508,038
—
2013
$7,041
—
$505,743
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Robert Sillman, Robert Sillman and Lyon Stahl Investment Real Estate, Inc., Cameron Samimi

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4071 Melrose Ave, Los Angeles, CA 90029 (MLS# SB26224115) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 4071 Melrose Ave is currently listed for $2,100,000 and was received on October 16, 2026. Want to learn more about 4071 Melrose Ave? Do you have questions about finding other Multi-Family real estate for sale in Elysian Park? You can browse all Elysian Park real estate or contact a Coldwell Banker agent to request more information.

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