5754 Melrose Avenue
Los Angeles, CA, 90038
$1,698,000
Beds
0 Baths
SqFt
0.05 Acres
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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. Cash offers only.

Property Details

Price:
$1,698,000
MLS #:
24461549
Status:
Active
Baths:
0
Address:
5754 Melrose Avenue
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Nov 12, 2024
State:
CA
ZIP:
90038
Lot Size:
2,161 sqft / 0.05 acres (approx)
Year Built:
1924
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Interior

Appliances
Dishwasher, Microwave, Refrigerator, Oven
Fireplace Features
Living Room
Flooring
Wood, Tile
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)

Exterior

Parking Features
None
Parking Spots
0.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
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Other
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Tenant Pays
Cable T V, Electricity, Gas

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