$2,700,000

4853 Melrose Avenue, Los Angeles 90029

13,230

Lot Size

Listing Agent
Dario Svidler - Keller Williams Beverly Hills

We are proud to present for sale a double vacant lot in the Melrose Hill neighborhood just east of Hollywood. Build up to 66+/- units with ED1 and work with the slight slope to fit parking at street level (if any parking at all) while building up towards the slope. Super central, just north of Koreatown and half a mile to the Metro Subway Station, this property has tremendously easy access to the 101 but also boasts the Walker's Paradise designation by Walk Score! With 13,230 SF (after a 13 foot dedication) of C1-1D Tier 2 vacant land spanning 100 feet of frontage on the world famous Melrose Ave., there are no RSO, no Replacement Issues, a Clean Phase 1, and no Entitlements to free your hand to design the talk of the town! The By-Right FAR can be maximized utilizing the Tier 2 TOC or Density Bonus! The neighborhood is changing and improving, with a lot of new and recent construction all around, including projects currently in Plan Check. Just a hop and a skip to Melrose and Western, with all of the new shops, restaurants, bars and much more! Listing includes two APNs: 5535-029-034 & 5535-029-035.

Facts & Features

MLS® # 24373595
Price $2,700,000
Bathrooms 0.00
Lot Size 13,230
Type Land
Status Active

Community Information

Address 4853 Melrose Avenue
Area C20 - Hollywood
City Los Angeles
County Los Angeles
Zip Code 90029

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed March 27th, 2024
Days on Market 24
Zoning C1-1D Tier 2 TOC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDario Svidler
OfficeKeller Williams Beverly Hills

Listing Map

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