4100 Melrose Ave - Commercial LAND FOR SALE


Los Angeles, CA 90029- East Hollywood14,810 SF
$3,300,000 USD
530-902-9501
4100 Melrose Ave, Los Angeles, CA for Sale
$3,300,000 USD
Commercial LAND - FOR SALE
1/3
14,810 SF

4100 Melrose Ave
Los Angeles, CA 90029
East Hollywood


HIGHLIGHTS

  • CURRENTLY ENTITLED FOR 33 RESIDENTIAL UNITS WITH CREATIVE OFFICE. CAN QUALIFY FOR 100% BONUS DENSITY AND OBTAIN 65+ UNITS
  • TENANT ON A MONTH TO MONTH BASIS PAYING $4,100.00/ MONTH

OVERVIEW

This site is located right in the middle of Silver Lake and Melrose Hill — two historic central LA neighborhoods with a rich history that are a hub for art, entertainment, and gastronomy. Both of these areas have a strong sense of community and plenty of modern amenities that makes these areas a hot spot for young professionals, families, and investors alike. The area’s relative affordability plus close proximity to both Hollywood and Downtown makes this a prime location for investors looking to benefit from a growing market. Plus the site is just one block away from the Los Angeles City College, which guarantees a steady traffic of students and young professionals.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/ACRE

$9,705,882/AC

PRICE/SF

$223 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.34 AC

LAND SF

14,810 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LAC2

APN/PARCEL ID

5539-023-001

ASK ABOUT THIS PROPERTY

Ariel FoxRight Site RetailMore Info
530-902-9501

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Ariel FoxRight Site RetailMore Info
530-902-9501

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.