$2,950,000

5426 Melrose Avenue , Los Angeles, CA 90038

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:Unknown
Year Built:1936
Listing Status:Active

Listing Agent

Roger D Phillips
http://www.kw.com
Loan Amount:
Interest:
Term (Years):
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Prime Commercial Property For Sale - 10,124 Sq. Ft. Contiguous Land!The Phillips Group is pleased to offer this incredible redevelopment corner site with alley access made up of two parcels(APN 5523-025-009 & 012) totaling approximately 10,124 SF (0.23 Acres) of land and 7,000 SF of existing vacantstructures. Properties are located on Melrose Avenue in Los Angeles, CA just across the street from the ''Melrose Gate'' of the famed Paramount Pictures Studio Lot. The property lays between chic Larchmont Village and bustling Hollywoodneighborhoods. A short drive to the Southwest will land you at the Wilshire Private Country Club or the Los Angeles Tennis Club and a similar distance to the Northeast will take you to the 101 FWY entrance and intersection of Santa Monica Blvd. and Western Ave. The redevelopment opportunities are abundant with the existing C2-1 zoning, which allows a variety of Commercial uses including Office, Hotel, Clinics, Retail w-Limited Manufacturing, Broadcasting Studios, Restaurants and more at 1.5:1 FAR. C2-1 zoning also allows residential projects via R4 zoning (base density is 400 SF of land/dwelling unit at 3:1 FAR).

Detailed Items

Other Information

5426 Melrose Avenue, Los Angeles, CA, 90038 is a commercial sale listing of 0 sqft on a lot of Unknown. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property5426 Melrose Avenue, Los Angeles, CA
Copyright © 2025 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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