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Melrose Hill Los Angeles, CA House Prices & Home Values 2026Average Data
04/05/2026 - The value range (VR) for house prices in Melrose Hill Los Angeles, CA is $544.35/ sqft to $601.65/ sqft. An average home with 1980 sqft costs approximately $981,888 to $1,085,245. Los Angeles, CA includes 1 ZIP codes and it is located in Los Angeles county. The lowest prices are found in ZIP 90029, while the highest are in ZIP 90029. The average price per sqare feet is $573. Our analysis is based on 15 property listings. Avergage prices by ZIP codes Melrose Hill Los Angeles
Historical development of home values in Melrose Hill Los Angeles
Graph: estimated home values in Melrose Hill Los Angeles over time (USD)Example: 100% financing house in Melrose Hill Los AngelesLoan amount: $1,243,992 Interest rate: 5.47% Fixed monthly payment: $7,036.74
Breakdown in the 1st month: Yearly breakdown (100% financing)
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included. How to sell in Melrose Hill Los Angeles, CA
In 2026, houses in Melrose Hill Los Angeles, CA will be offered at an average price of $573 per square foot. A 1,500 sqft home priced at $947,436 is 20.95% more expensive per square foot than a 3,900 sqft home priced at $2,015,454. Home prices in Melrose Hill Los Angeles, CA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $1,395,315. Sellers who can wait longer may achieve a higher price of up to $1,705,384. Melrose Hill, Los Angeles, CA Neighborhood GuideOverviewTucked between Hollywood and Koreatown, the Melrose Hill neighborhood offers a quiet, central slice of Los Angeles. This small enclave blends historic charm with urban convenience, making it a sought-after base for creatives and professionals. Tree-lined streets and low-rise homes create a village feel just minutes from Melrose Avenue and studios in Hollywood. History and ArchitectureDesignated as a Historic Preservation Overlay Zone (HPOZ), Melrose Hill safeguards its early 20th-century character. You will find Craftsman, Mission Revival, and California bungalow architecture with lovingly restored details like clinker brick, wide porches, and original woodwork. Preservation guidelines help maintain cohesive streetscapes while allowing sensitive updates for modern living. Lifestyle and AmenitiesResidents enjoy easy access to coffee bars, vintage shops, and independent eateries along nearby Melrose Avenue and Larchmont Village. Weekend plans often include art-house screenings, small galleries, and performances across Hollywood, East Hollywood, and Thai Town. Green escapes such as Lemon Grove Park and the Barnsdall Art Park campus add breathing room to the urban grid. The neighborhood?s friendly, walkable vibe supports dog walks, stroller strolls, and casual chats on the sidewalk. Real Estate and HousingMelrose Hill real estate centers on single-family bungalows, duplexes, and a handful of courtyard apartments. Buyers value period architecture, sunlight, and private yards, while renters appreciate character-rich homes with a central address. Demand stays steady thanks to proximity to employment hubs, entertainment studios, and major cultural districts. Transportation and AccessibilityGetting around is simple via the 101 Freeway, major corridors like Western Avenue, and extensive Metro bus service. The Metro B Line (Red) stations at Hollywood/Western and Vermont/Santa Monica are a short ride away for car-light commutes. Cyclists benefit from relatively flat streets, and many errands can be accomplished on foot within the immediate area. Schools and CommunityThe area is served by LAUSD schools, with additional options nearby including charters and specialty magnets. Active neighborhood groups and preservation advocates foster community pride and keep the historic fabric front and center. Safety-conscious design, good street lighting, and neighbors who know each other contribute to a welcoming environment. For home seekers and visitors alike, Melrose Hill, Los Angeles delivers classic architecture, convenience, and an intimate sense of place. FAQ – Home Values in Melrose Hill Los AngelesWhat is the median home value in Melrose Hill Los Angeles in 2026?In 2026, the typical home value in Melrose Hill Los Angeles is about $1,243,992 for an average home size of 1980 square feet. This corresponds to an average price of roughly $573 per square foot. What is the average cost per square foot in Melrose Hill Los Angeles?In 2026, homes in Melrose Hill Los Angeles sell for an average of around $573 per square foot, with a typical range between $544.35 and $601.65 per square foot, depending on the property’s location, condition, and lot size. What is the average home size in Melrose Hill?The average home size in Melrose Hill Los Angeles is about 1980 square feet, with an estimated 2026 value around $1,243,992. Neighborhoods close to Melrose Hill Los Angeles, CA
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