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Closed
- Listed price
- $499,000
- Listed Mar 14, 2016
- Sold price
- $480,000
- Sold May 8, 2016
1,920 sqft lot|1928 Built|14 MLS days on market
4270 MELROSE Ave, Los Angeles, CA 90029
Property Description
Amazing opportunity to acquire a commercial property on the world famous Melrose Ave in Los Angeles. In close proximity to the 101 freeway. On the first floor is 1000 sq. ft. of retail space with its own bathroom, and a 600 sq. ft permitted warehouse. On the second floor, there is an 800 sq. ft. 1 bed 1 bath residential unit with laundry hookups near the kitchen and a balcony. Property needs some TLC. Property is being sold "AS IS." Seller will not complete any repairs. All utilities are in working condition. Upstairs and downstairs are metered separately. This property is in a densely populated area with excellent demographics. It is in a strong rental demand market. Near Los Angeles City College, American Career College, and West Coast University. Buyer to conduct all due diligence on property including permit and sq. footage.
Listing agent: Brad HoltzmanDRE #01992705Bradholtzman1@gmail.com, Listing office: JWJ Realty
MLS data updated 11/4/2026, 12:23:19 AM PT
Source: CRMLSMLS #: 16106016
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$480,000
May 8, 2016
Available records22016
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90029 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90029 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.