5725 Melrose Ave - Commercial LAND FOR SALE
Los Angeles, CA 90038 |
5725 Melrose Ave
Los Angeles, CA 90038
HIGHLIGHTS
- The Neema Group is pleased to present 5725 Melrose Ave, a vacant lot totaling 6,424 SF zoned C2-1D in a Tier 3 TOC
- Located in a prime location on Melrose Ave in the Hancock Park & Larchmont Village neighborhood of Los Angeles
- Ideal multifamily development opportunity with the ability to build 17 units by-right, 28 units if the TOC incentives are utilized
- Additional density via ED-1 (Buyer to verify)
- Ideal location just down the street from Wilshire Country Club, Los Angeles Tennis Club and the Marlborough School
- Unique opportunity to acquire a vacant lot with strong density potential and no relocation required
FOR SALE DETAILS
PRICE
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# OF LOTS
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LAND DETAILS
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Retail, Office, Mixed Use, Apartment Units, Parking Lot
LAND ACRES
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LAND SF
-
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
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APN/PARCEL ID
5534-036-019
