$ 2,950,000
-
$2,950,000
Price -
0
Bed - Bath
-
7,000
SqFt
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About the Listing PF5630 - p20771,p25507
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).
Listing Highlights for 5426 Melrose Ave
Status
Pending
Days on Site
121
Property Type
Commercial Sale
MLS ®
P1-22145
Year Built
1936
Total Square Footage
7,000
Lot/Acreage
N/A
County
Other County
Area
C20 - Hollywood
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5523025012
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
5426 Melrose Ave Los Angeles, CA 90038
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