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$999000   Price Analysis
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4500 Gilbert Pl
Los Angeles, CA 90004
2 bed 2 bath 1396 SqFt ($715/SqFt)
3804SqFt lot. Built 1921
Listed 2024-04-02, Taxes $1014
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

An exceptional opportunity to own a fully renovated side-by-side duplex in Hollywood's Melrose Hill neighborhood.

Nestled at the end of a quiet cul-de-sac, this property offers a stunning view of the iconic Hollywood sign. Each unit mirrors the other and boasts one bedroom, one bathroom, plus a open bonus area adjacent to the living room, ideal for a laundry room, office or extra storage space. The interiors offer luxury vinyl flooring, sha ker-style kitchen cabinets, stainless steel appliances, glazed ceramic shwer tiles, modern fixtures and stacked washer/dryer sets.

The property has a long driveway that can accommodate up to three cars for off-street parking. The converted single-car garage serves as a versatile flex space, perfect for a home office, gym or studio. Outside there is fully drought-resistant landscaping with succulents in the front, high-grade turf in the backyard and Ficus trees for added privacy. Upgrades include new ABS sewer lines, copper plumbing, electrical wiring, panels and windows. This fast-growing neighborhood is over a mile from Larchmont Village and a short drive to Netflix and Paramount Studios. Great opportunity to own a duplex in a prime location.


Presented by Conrad Adamczak at
The Beverly Hills Estates Inc.


Property MLS #24-375433 from TheMLSCLAW

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Central
Heating Features: Central

Lot Size Acres: 0.0873278
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 3804

Garage Description: Driveway

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2050, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2050

Source Listing Status: Active
County: Los Angeles
Directions: Google Maps
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5521-009-019
Postal Code Plus 4: 1905
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$27691 + $36934
$64625
$1014
2021$27149 + $36210
$63359
$992
2020$26871 + $35839
$62710
$998
2019$26345 + $35137
$61482
$967
2018$25829 + $34449
$60278
$919
2017$25323 + $33774
$59097
$903
2016$24827 + $33112
$57939
$867
2015$24455 + $32615
$57070
$857
2014$23976 + $31977
$55953
$876
2013$23868 + $31833
$55701
$870
2012$23400 + $31209
$54609
$881
2010$22942 + $30598
$53540
$878
2009$22826 + $30443
$53269
$843
2009$22771 + $30370
$53141
$843
2008$22379 + $29847
$52226
$731
2007$21941 + $29262
$51203
$703

Price Changed 2024-07-01
$999000
TheMLSCLAW
Listed 2024-04-02
$1099000
TheMLSCLAW
Listing removed 2023-02-01
$0
CRMLS
Price Changed 2022-11-30
$998000
CRMLS
Listing removed 2022-11-08
$0
CRMLS
Listing removed 2022-11-08
$0
CRMLS
Listed 2022-11-08
$1049000
CRMLS
Listed 2022-10-06
$1099000
CRMLS
Listed 2022-09-23
$1099000
CRMLS
Sold 2022-05-12
$850000
Public Record
Sold 2022-05-11
$800000
Public Record

Net Operating Income: 48000

Total Square Feet Living: 1396
Year Built: 1921
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 103
Year Built Source: Vendor Enhanced

Other Equipment: Alarm System, Washer, Dryer, Dishwasher, Refrigerator, Range/Oven, Microwave, Garbage Disposal

Harvard Elementary School is a public elementary school located approximately 0.2 miles away.
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Virgil Middle School is a public middle school located approximately 0.8 miles away.
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Belmont Senior High School is a public high school located approximately 2.6 miles away.
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Beverly Christian Academy, Inc. is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.