4853 Melrose Avenue

4853 Melrose Avenue

Los Angeles, CA 90029

$2,700,000
Price
13,230 / 0.30
Lot Size / Acres
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Description

We are proud to present for sale a double vacant lot in the Melrose Hill neighborhood just east of Hollywood. Build up to 66+/- units with ED1 and work with the slight slope to fit parking at street level (if any parking at all) while building up towards the slope. Super central, just north of Koreatown and half a mile to the Metro Subway Station, this property has tremendously easy access to the 101 but also boasts the Walker's Paradise designation by Walk Score! With 13,230 SF (after a 13 foot...We are proud to present for sale a double vacant lot in the Melrose Hill neighborhood just east of Hollywood. Build up to 66+/- units with ED1 and work with the slight slope to fit parking at street level (if any parking at all) while building up towards the slope. Super central, just north of Koreatown and half a mile to the Metro Subway Station, this property has tremendously easy access to the 101 but also boasts the Walker's Paradise designation by Walk Score! With 13,230 SF (after a 13 foot dedication) of C1-1D Tier 2 vacant land spanning 100 feet of frontage on the world famous Melrose Ave., there are no RSO, no Replacement Issues, a Clean Phase 1, and no Entitlements to free your hand to design the talk of the town! The By-Right FAR can be maximized utilizing the Tier 2 TOC or Density Bonus! The neighborhood is changing and improving, with a lot of new and recent construction all around, including projects currently in Plan Check. Just a hop and a skip to Melrose and Western, with all of the new shops, restaurants, bars and much more! Listing includes two APNs: 5535-029-034 & 5535-029-035.
  1. Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 4853 Melrose Avenue

Zoning
C1-1D Tier 2 TOC
Parcel Number
5535029034
Area
Hollywood (C20)
Lot Size Area
13230
Source Lot Size Area
Assessor
Present Use
Vacant Land
Potential Usage
Build up to 66 +/- Units
Assessor Parcel Number
5535-029-034

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474
Add your commute
LISTING UPDATED: 04/04/2024 12:01 AM

Property Details for 4853 Melrose Avenue

StatusActive
MLS #24-373595
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.30 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474
Add your commute

Building Information for 4853 Melrose Avenue

Lot Size0.30 AC

Payment Calculator

$14,735 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,735

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4853 Melrose Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Any, Other
Contract Info
Contract Info
  • Disclosures: As Is, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Special Zoning: Other
  • Additional Parcel Number: Yes
  • Lot Acreage: 0.3
  • Lot Size Square Feet: 13230
  • Lot Size Dimensions: 100x132
  • Source Lot Size Dimensions: Assessor
  • Lot Description: 2-4 Lots
  • Telephone: 1.0
  • Telephone Service: In Street
  • Cable: 1.0
  • Road Frontage: 100
  • Public Street: Yes
  • Possible New Zone: Build up to 66 +/- Units
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 03-27-2024

Property History for 4853 Melrose Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4853 Melrose Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Kingsley Elementary School
Public - K to 5
Joseph Le Conte Middle School
Public - 6 to 8
Helen Bernstein High School
Public - 9 to 12
STEM Academy at Bernstein High
Public - 9 to 12
Rating
School
Distance
Kingsley Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

Helen Bernstein High School
Public9 to 12

STEM Academy at Bernstein High
Public9 to 12

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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More information about 4853 Melrose Avenue, Los Angeles, CA 90029

4853 Melrose Avenue is a 0.30 ac of land for sale in Los Angeles, CA 90029. This property was listed for sale on March 27, 2024 by Keller Williams Beverly Hills, it's currently listed at $2,700,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Kingsley Elementary School, Joseph Le Conte Middle School and Helen Bernstein High School. 4853 Melrose Avenue is a 0-bed, 0-bath, 0.30 ac of land on a 13,230 sq. ft. / 0.30 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.