4319 Melbourne Ave, Los Angeles, CA 90027

FliPro report available that describes development potential up to 9 units. Prime Los Feliz Location on a Charming Tree-lined Street. Two detached units are situated on a generous, flat R2 lot of over 6,750 sq. ft., offering incredible potential for investors or developers with great opportunity for redevelopment. Currently, income-producing with tenants in place. OR live in one unit while earning rental income from the other. Seller is offering attractive carryback financing below current rates, and will entertain cash offers or a standard loan. Please note there are no existing plans or permits. Unit #1 was built in 1908; Unit #2 was added in 1955. Contact the agent to schedule an appointment. Blind offers will not be considered.