5754 Melrose Avenue
$1,698,000
6
6
2,772
2,772
$613
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...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.
- Listed by Todd Jones • DRE #01481426 • Brokerage DRE #00858724 • Rodeo Realty
Property Details for 5754 Melrose Avenue
Water Front
None
ZoningLAC1
Cross StreetsMelrose Ave. and N. Lucerne Blvd.
Living Area2772
Source Living AreaAssessor
AreaHancock Park-Wilshire
Vacancy Rate0
Lot Size Area2161
LISTING UPDATED: 11/12/2024 01:14 PM
Property Details for 5754 Melrose Avenue
Status | Active |
---|---|
MLS # | 24-461549 |
Days on Market | 8 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1924 |
Lot Size | 0.05 AC / 2,161 SF |
County | Los Angeles County |
Building Information for 5754 Melrose Avenue
Stories-Residences-Year Built1924Building Size-Lot Size0.05 AC / 2,161 SF
Property Information for 5754 Melrose Avenue
Property History for 5754 Melrose Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5754 Melrose Avenue
Taxable ValueLand$150,614Additions$153,688Total$304,302
Tax Record2024$3,995 ($333 / month)
Home Facts
Total Finished SqFt2,772 SqFtAbove Grade Finished SqFt2,772 SqFtLot Size2,161 SqFtStyleQuadraplexYear Built1924ZoningLAC1CountyLOS ANGELESAPN5523-011-024
Schools near 5754 Melrose Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Van Ness Avenue Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
Citizens of the World Charter School Hollywood CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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