5754 Melrose AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90038
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,772 sqft
Price per Sqft $612
MLS Listing ID 24-461549
Bedrooms 6
Year Built 1924
Lot Size 2,161 Sqft
Acres 0.0496
Property Description
Great for a 1031 Exchange replacement/upleg property, or ideal for an Owner/User! Introducing a 4 unit apartment complex located on the popular Melrose Avenue with Commercial Zoning. The owner's 2-bedroom unit will be delivered vacant affording the opportunity for more income, or a wonderful owner/user option. There is a rooftop deck for the owner's unit which offers views of the Hollywood Sign and Griffith Observatory. The rest of the building is vacant and ready to fill with residential or commercial tenants. The building is located in prime Melrose and is only steps away from Larchmont, Paramount Studios, Raleigh Studios and more. Buyer to cooperate with Seller's 1031 Exchange at no expense to buyer.
Location
State CA
County Los Angeles
Area Hancock Park-Wilshire
Zoning LAC1
Rooms
Family Room 1
Other Rooms None
Dining Room 1
Kitchen Counter Top, Quartz Counters
Interior
Interior Features Common Walls
Heating Wall
Cooling Wall Unit(s)
Flooring Wood, Tile
Fireplaces Type Living Room
Equipment Ceiling Fan, Dishwasher, Freezer, Microwave, Refrigerator, Washer, Dryer, Range/Oven
Laundry Laundry Area, Room
Exterior
Garage None
Pool None
Waterfront Description None
View Y/N No
View None
Building
Lot Description Curbs, Sidewalks, Single Lot, Street Concrete, Street Lighting, Street Paved, Walk Street
Sewer In Street
Water Public
Level or Stories Two
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard