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4853-4857 Melrose Ave
Los Angeles, CA 90029
REDUCED! Build upto 66± Units in Melrose Hill · Land For Sale · 0.30 AC

INVESTMENT HIGHLIGHTS

  • Vacant double lot
  • Mixed-Use Development Opportunity
  • C1-1D Tier 2 TOC Zoning
  • Prime Melrose Property

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Storefront, Retail or Residential
Total Lot Size 0.30 AC
Zoning C1-1D Tier 2 TOC - Commercial. Build up to 66± Residential Units.

DESCRIPTION

A large 13,230 sq ft double lot on Prime Melrose Ave. This property used to be the enchantment castle built in the 1950's. With plenty of history on this lot, the location is sure to attract many, as the central location allows one to be minutes away from Beverly Hills, Downtown LA and the Valley all at the same time.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5535-029-035
  • 5535-029-034
Land Assessment
$3,050,972
Improvements Assessment
$0
Total Assessment
$3,050,972
  • Listing ID: 23856858

  • Date on Market: 8/6/2021

  • Last Updated:

  • Address: 4853-4857 Melrose Ave, Los Angeles, CA 90029

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