5754 Melrose AVE Active

Los Angeles,CA 90038

$ 1698000

6 Beds

6 Baths

2772 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,772 sqft

Price per Sqft $612

MLS Listing ID 24-461549

Bedrooms 6

Year Built 1924

Lot Size 2,161 Sqft

Acres 0.0496

Property Description

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.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAC1

Rooms

Family Room 1

Other Rooms None

Dining Room 1

Kitchen Counter Top, Quartz Counters

Interior

Interior Features Common Walls

Heating Wall

Cooling Wall Unit(s)

Flooring Wood, Tile

Fireplaces Type Living Room

Equipment Ceiling Fan, Dishwasher, Freezer, Microwave, Refrigerator, Washer, Dryer, Range/Oven

Laundry Laundry Area, Room

Exterior

Parking Features None

Pool None

Waterfront Description None

View Y/N No

View None

Building

Lot Description Curbs, Sidewalks, Single Lot, Street Concrete, Street Lighting, Street Paved, Walk Street

Sewer In Street

Water Public

Level or Stories Two

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

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