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.
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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Schools
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)
Sewer
Other
Spa Features
None
View
None
Financial
Tenant Pays
Cable T V, Electricity, Gas
Map
Community
- Address5754 Melrose Avenue Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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Courtesy of Rodeo Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.5754 Melrose Avenue
Los Angeles, CA
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