4853 Melrose Avenue Los Angeles, CA 90029
REDUCED! 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.
- Property TypeLand
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site55 Days
- MLS StatusActive
- MLS ID Number24373595
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.3037 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Acreage 0.3037
- Zoning C1-1D Tier 2 TOC
- Listing Conditions Standard
Community Features
- Senior Community No
- MLS Area C20 - Hollywood