11 days on rocket

5134 Melrose Ave, Los Angeles, CA, 90038

$1,250,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
4 Full Baths
1,763 SqFt
$709/SqFt
House
Schools Nearby

Location

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5134 Melrose Ave, Los Angeles$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2014
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Other, Mountain(s)
MLS #CV24081115
Lot Size0.03 Acres
StatusActive

About 5134 Melrose Ave

This modern single-family home is situated within an exclusive gated community nestled near Larchmont in Hancock Park. The 3 bedroom and 3 bathroom tri level home offers a spacious open layout on the primary floor. The primary floor showcases a welcoming living area, dining area, and a contemporary kitchen completed by a generously sized island. Each of the three bedrooms boasts its own en-suite full bath, with an additional guest bathroom conveniently located on the main level. The home features upgraded engineered hardwood flooring. You can directly access the first level from the attached two-car garage. The private rooftop deck offers panoramic views of the downtown LA skyline, Griffith Observatory, and the Hollywood sign.

Property Details

Property Features

Property Information:

  • Year Built: 2014
  • Stories: 3
  • Living Area: 1,763 SqFt

Listing Office:

  • Office Name: CENTURY 21 KING
  • Office Email: Kevin.G.Han@gmail.com
  • Listing Agent: KEVIN HAN

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Interior: Open Floorplan, Unfurnished, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Other, Mountain(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 5134 Melrose Ave

3D Tour

Lot Features

Lot Information:

  • Lot: Secluded
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Fairfax Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Joseph Le Conte Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Van Ness Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Gramercy and Melrose

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $709/SqFt

HOA Fees:

  • Amount: $189
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $12,337
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5134 Melrose Ave vs Los Angeles

11 DAYS ON ROCKET

-23 Days

$1,250,000

+$263.5K More

$709/SqFt

+$77 More

KEY TAKEAWAY

This property is $263.5K more than the Median Sold Price and $77/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24081115

Listing Office:

  • Office Name: CENTURY 21 KING
  • Office Email: Kevin.G.Han@gmail.com
  • Listing Agent: KEVIN HAN

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 2:20:44 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2018Home Sold
$1,010,500
Apr 01, 2015Home Sold
$840,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,337$1,041,387
2020$11,962$1,030,710
2019$10,769$1,010,500
2018$10,535$887,262
2017$10,535$869,865

History based on county public records data.

Payment Calculator

$6,495

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7618516
7
/10

  • Van Ness Avenue Elementary School

  • 501 N Van Ness Ave

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-7618517
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.93 miles

  • Public Magnet Grades KG-6

school-card-donut-7618518
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.38 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-7618519
4
/10

  • Joseph Le Conte Middle School

  • 1316 N Bronson Ave

  • 0.86 miles

  • Public Magnet Grades 6-8

school-card-donut-7618520
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.55 miles

  • Public District Grades 6-8

High School

school-card-donut-7618521
4
/10

  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 2.75 miles

  • Public Magnet Grades 9-12

school-card-donut-7618522
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.52 miles

  • Public Magnet Grades 9-12

school-card-donut-7618523
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.20 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,328. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5134 Melrose Ave

What is the listing price of this property?

The listing price of 5134 Melrose Ave property is $1,250,000.

What type of property is this?

The property 5134 Melrose Ave is a house located in Los Angeles, California, 90038.

Is this property for sale now?

Active Listing: 5134 Melrose Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5134 Melrose Ave are:
Van Ness Avenue Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Joseph Le Conte Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Fairfax Senior High School: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,337 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2018 for $1,010,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5134 Melrose Ave has 3 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5134 Melrose Ave is 1,763 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5134 Melrose Ave is 2014.

Rocket Homes›California›Los Angeles County›Los Angeles›90038›5134 Melrose Ave

This home is located at 5134 Melrose Ave in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. This 1,763 square foot home, which was built in 2014, sits on a 0.03 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $1,250,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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