Figure 8 represented the buyer of this property, consisting of four(4) one-bedroom units and one(1) 1,260 sqft commercial unit. The commercial unit is currently on a month to month lease with a church. This property is ideal for an investor, or owner/user, to achieve higher than average rents and still add value with 18% upside in current rents. This property also has development friendly LAC2 zoning in both an OPPORTUNITY ZONE and a TIER 3 T. O. C bonus density. 4362 Melrose Ave is a 4 minute walk to Los Angeles City College and is situated for convenient access to the 101(Hollywood) Freeway.