INVESTMENT HIGHLIGHTS • Strategic Corner Position: Command the intersection of Melrose and Madison with a prominent corner profile, offering superior architectural presence and multiple signage opportunities. • Tier 3 TOC Incentives: Utilize the Transit Oriented Communities program to maximize residential density and floor area ratio (FAR), significantly enhancing the project's overall yield. • LACC Campus Adjacency: Located directly across from Los Angeles City College, providing a captive market for student housing or campus-serving commercial uses. • Medical District Proximity: Situated minutes from Kaiser Permanente and Children’s Hospital Los Angeles, making the site an ideal location for workforce housing targeting healthcare professionals. • Transit-Centric Connectivity: Exceptional access to the Metro B Line (Red) at Vermont/Santa Monica, ensuring seamless connectivity to Downtown LA, Hollywood, and beyond. • Virgil Village Influence: Bordering the creative energy of Virgil Village, the site benefits from a dense concentration of Michelin-recognized dining and trendy retail amenities.