Land for Sale in Los Angeles, California

4149 Melrose Avenue, Los Angeles, California 90029, US

$ 2,195,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,195,000
  • MLS ID: 26874737
  • Property Type: Land
  • WEB ID: PR03714155
  • Property Status: Active
  • Lot Size: 9,324sqft
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,195,000
  • MLS ID: 26874737
  • Property Type: Land
  • WEB ID: PR03714155
  • Property Status: Active
  • Lot Size: 9,324sqft
Exceptional development opportunity in the heart of East Hollywood. Delivered 100% vacant, 4149-4153 W. Melrose Avenue comprises an approximately 9,321-square-foot lot with roughly 4,121 square feet of existing improvements (Vacant - tear down- 5 units- Fourplex + House). Zoned C4-1VL and identified as a TOC Tier 3 site. Possible Transit Priority Area, Housing Element Site, and multiple potential pathways for residential or mixed-use development, including density incentives and reduced parking requirements under AB 2097. The site may also qualify for the City of Los Angeles Executive Directive 1 program for eligible 100% affordable housing projects. Centrally located near Silver Lake, Virgil Village, Hollywood, Larchmont Village, Los Angeles City College, Paramount Studios, and the Metro B Line, with convenient access to DTLA and the 101 Freeway. A compelling opportunity for affordable housing developers, multifamily builders, and investors seeking a well-positioned infill site along a major Los Angeles corridor. Buyer to independently verify all zoning, density, incentives, development potential, permit requirements, and governmental approvals. This is a probate sale. The executor has Full Authority, and the sale is not anticipated to require court confirmation. The sale remains subject to applicable probate procedures.

Additional Features

  • None
  • Listing Status: Active
  • Listing Agent: Christopher Furstenberg (lic# 01208924) of Beverly Hills/Greater LA
  • Listing Office: Nourmand & Associates-HW (lic# 00656371)
  • CO-Listing Agent: Howard Lorey (lic# 01263717) of Beverly Hills/Greater LA
  • CO-Listing Office: Nourmand & Associates-BH (lic# 00656371)
  • Based on information from CRISNet MLS as of 21st September 2026 at 1:26pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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