Homes for Sale near Melrose Avenue Elementary

1243 N Beachwood Drive, Los Angeles, CA 90038

4 beds · 4 baths · 2,399 sqft

1 / 28

$4,900,000

111 S Van Ness Avenue, Los Angeles, CA 90004

5 beds · 6 baths · 7,315 sqft

1 / 30

$1,380,000

5336 Lemon Grove, Los Angeles, CA 90038

6 beds · 5 baths · 3,059 sqft

1 / 75

$1,599,900

2111 Rockledge, Los Angeles, CA 90068

3 beds · 2 baths · 1,976 sqft

1 / 32

$875,000

1746 Garfield Place 102, Los Angeles, CA 90028

2 beds · 3 baths · 1,575 sqft

OPEN SUNDAY, 8PM - 12AM

$1,999,900

6002 Graciosa, Los Angeles, CA 90068

3 beds · 3 baths · 2,332 sqft

$1,115,000

1410 N Curson Avenue 202, West Hollywood, CA 90046

2 beds · 3 baths · 1,430 sqft

1 / 52

$1,898,000

1541 N Stanley Avenue, Los Angeles, CA 90046

5 beds · 4 baths · 2,594 sqft

1 / 41

$2,795,000

6356 Drexel Avenue, Los Angeles, CA 90048

3 beds · 3 baths · 2,702 sqft

$2,200,000

4727 Oakwood Avenue, Los Angeles, CA 90004

6 beds · 5 baths · 3,024 sqft

$1,850,000

7122 /7124 De Longpre, Los Angeles, CA 90046

4 beds · 4 baths · 3,200 sqft

$1,998,000

8353 Sunset View Drive, Los Angeles, CA 90069

4 beds · 3 baths · 2,015 sqft

1 / 22

$20,000,000

1635 Woods Drive, Los Angeles, CA 90069

2 beds · 3 baths · 2,200 sqft

$600,000

6735 Yucca Street 307, Los Angeles, CA 90028

2 beds · 3 baths · 1,390 sqft

OPEN SUNDAY, 9PM - 12AM

$989,000

8455 Fountain Avenue 518, West Hollywood, CA 90069

2 beds · 2 baths · 1,570 sqft

1 / 46

$3,899,000

Hollywood West Hollywood Beverly Hills Culver City Toluca Lake Studio City Inglewood Playa Vista Glendale Huntington Park Valley Village Marina Del Rey

758 N Mccadden Place, Hollywood, CA 90038

7 beds · 7 baths · 3,133 sqft

1 2...40

About Homes near Melrose Avenue Elementary

Los Angeles, California — Photo of Los Angeles via Wikipedia (CC BY-SA)

About Los Angeles: Melrose Avenue Elementary is located in Los Angeles. Los Angeles is the most populous city in the U.S. state of California, and the commercial, financial, and cultural center of Southern California. With an estimated 3.87 million residents within the city limits as of 2025, it is the second-most populous city in the United States, behind New York City, and the largest city in the Western United States. The city has an ethnically and culturally diverse population, and is the principal city of a metropolitan area of 12.9 million people (2024). Greater Los Angeles, a combined statistical area that includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis of over 18 million residents.

These are homes for sale within about 2 miles of Melrose Avenue Elementary in Los Angeles (Topfind School Score: 10/10). The area around the school has 638 active listings.

Melrose Avenue Elementary Area Market Pulse

Topfind Market Read

Balanced Market

The picture is mixed here. Sale prices are up 21% over the last six months and 1% over the past year, yet 8.6 months of supply is more than current demand absorbs, and the typical home takes about 61 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.

Buyer leverageBalancedSeller leverage

Median Home Price

$1.40M

↑ 1% over the past year

Chart shows the median closed sale price by month

$1.8M$1.5M$1.3M$1M

Sep 25

Dec 25

Mar 26

Jun 26

Months of Supply

Estimated time to sell all listings at the current sales pace

8.6 months of supply

Ample Supply

638 active listings, plenty of options to choose from.

Tight (<3 mo)

Balanced (3 to 6 mo)

Ample (6+ mo)

8.6

0369+

What this means for buyers

There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~61 days.

● Tight: strong demand● Balanced: steady pace● Ample: more choice

Sales Velocity

How fast homes are selling

Slow

Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 27% over the last six months.

● <30d: Fast● 30-45d: Steady● 45d+: Slower

Inventory Distribution

Mixed Inventory

A solid share of current listings is under 30 days old, while a meaningful share has been up longer.

New

Active

Aging

Stale

About 49% of current listings are under 30 days old, while the rest have been up longer.

Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in Melrose Avenue Elementary Area

Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.

HomeownersRenters

36%

Homeowners

64%

Renters

Homeownership is 19.5 points lower than the California average (55.5%)

Higher renter rates typically mean more rental inventory and neighborhood turnover.

1,419,663 households (2023)

Median Price by Bedroom

Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.

1 Bed

$610K

2 Bed

$1.2M

3 Bed

$2.1M

4 Bed

$3.2M

5 Bed

$4.1M

Each additional bedroom adds about $883K in value on average.

Largest increase: 3 → 4 bedrooms (+$1.1M)

Price Reductions

High Activity

206

206 listings have reduced their price

32% of active listings

Average reduction: 8.0% (~$112K)

A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.

Melrose Avenue Elementary Area Market Overview

As an elementary school, Melrose Avenue Elementary operates within the Los Angeles Unified district. The school carries a Topfind School Score of 10. Buyers in the Melrose Avenue Elementary area are looking at a median list price of $1.4M. That runs roughly 27.3% higher than Los Angeles as a whole. Since February, the median price has moved down about 7.5% to $1.5M as of July. The Melrose Avenue Elementary area has 638 active listings on the market right now. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district.

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Rentals near Melrose Avenue Elementary

Nearby Schools

BAIS YAAKOV SCHOOL FOR GIRLS BNOS ESTHER H.S.Whitman Continuation OHR ELIYAHU ACADEMY Third Street Elementary PAGE ACADEMY-HANCOCK PARK

Frequently Asked Questions about Homes near Melrose Avenue Elementary

How many homes are for sale in Melrose Avenue Elementary Area, CA?

There are currently 638 homes for sale in Melrose Avenue Elementary Area, ranging from $299,000 to $125,000,000. 50 of them hit the market within the last week.

What is the median home price in Melrose Avenue Elementary Area?

The median list price in Melrose Avenue Elementary Area is $1,400,000. Price per square foot averages $897. Prices are up 1.0% compared to a year ago.

How fast do homes sell in Melrose Avenue Elementary Area?

Homes in Melrose Avenue Elementary Area currently average 61 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.

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638 homes in near Melrose Avenue Elementary

Homes for Sale near Melrose Avenue Elementary

Los Angeles, CA

$1,490,000

1243 N Beachwood Drive, Los Angeles, CA 90038

4 beds · 4 baths · 2,399 sqft

1 / 28

$4,900,000

111 S Van Ness Avenue, Los Angeles, CA 90004

5 beds · 6 baths · 7,315 sqft

1 / 30

$1,380,000

5336 Lemon Grove, Los Angeles, CA 90038

6 beds · 5 baths · 3,059 sqft

1 / 75

$1,599,900

2111 Rockledge, Los Angeles, CA 90068

3 beds · 2 baths · 1,976 sqft

1 / 32

$875,000

1746 Garfield Place 102, Los Angeles, CA 90028

2 beds · 3 baths · 1,575 sqft

OPEN SUNDAY, 8PM - 12AM

$1,999,900

6002 Graciosa, Los Angeles, CA 90068

3 beds · 3 baths · 2,332 sqft

$1,115,000

1410 N Curson Avenue 202, West Hollywood, CA 90046

2 beds · 3 baths · 1,430 sqft

1 / 52

$1,898,000

1541 N Stanley Avenue, Los Angeles, CA 90046

5 beds · 4 baths · 2,594 sqft

1 / 41

$2,795,000

6356 Drexel Avenue, Los Angeles, CA 90048

3 beds · 3 baths · 2,702 sqft

$2,200,000

4727 Oakwood Avenue, Los Angeles, CA 90004

6 beds · 5 baths · 3,024 sqft

$1,850,000

7122 /7124 De Longpre, Los Angeles, CA 90046

4 beds · 4 baths · 3,200 sqft

$1,998,000

8353 Sunset View Drive, Los Angeles, CA 90069

4 beds · 3 baths · 2,015 sqft

1 / 22

$20,000,000

1635 Woods Drive, Los Angeles, CA 90069

2 beds · 3 baths · 2,200 sqft

$600,000

6735 Yucca Street 307, Los Angeles, CA 90028

2 beds · 3 baths · 1,390 sqft

OPEN SUNDAY, 9PM - 12AM

$989,000

8455 Fountain Avenue 518, West Hollywood, CA 90069

2 beds · 2 baths · 1,570 sqft

1 / 46

$3,899,000