This Flex Property is no longer advertised on LoopNet.com.

5426-5434 Melrose Ave
Los Angeles, CA 90038
 5426 & 5434 Melrose Avenue · Flex Property For Sale

Flex Spaces California Los Angeles 5426-5434 Melrose Ave, Los Angeles, CA 90038

Investment Highlights

  • Corner Location – Corner location with easier ingress/egress
  • Contiguous Parcels- A substantial plot of contiguous land, ideal for various development projects
  • DDA – Site is within DDA designated areas that are sought after by affordable housing tax credit developers (Small Difficult Development Area per 2024
  • Alley Access – Alley provides alternate ingress/egress for future use
  • Commercial Zoning – C2-1 allows both Commercial and Residential uses.
  • Selling for land value. Multifamily TOC Tier 1 zoning allowing 37 Units.

Property Facts

Property Type Flex No. Stories 2
Property Subtype
Showroom
  • General Retail Freestanding
  • General Retail Storefront Retail/Residential
 Year Built/Renovated 1936/1940
Building Class C Tenancy Single
Lot Size 0.23 AC Parking Ratio 0.29/1,000 SF
Rentable Building Area 7,000 SF
Zoning C2 -1 - C2-1 zoning also allows residential projects via R4 zoning (base density is 400 SF of land/dwelling unit at 3:1 FAR)
Property Type Flex
Property Subtype
Showroom
  • General Retail Freestanding
  • General Retail Storefront Retail/Residential
Building Class C
Lot Size 0.23 AC
Rentable Building Area 7,000 SF
No. Stories 2
Year Built/Renovated 1936/1940
Tenancy Single
Parking Ratio 0.29/1,000 SF
Zoning C2 -1 - C2-1 zoning also allows residential projects via R4 zoning (base density is 400 SF of land/dwelling unit at 3:1 FAR)

Amenities

  • Security System
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Water - City
  • Sewer - City

Property Taxes

Parcel Numbers
Multiple
  • 5523-025-012
  • 5523-025-009
 Improvements Assessment $602,160
Land Assessment $311,878 Total Assessment $914,038

Property Taxes

Parcel Numbers
Multiple
  • 5523-025-012
  • 5523-025-009
Land Assessment
$311,878
Improvements Assessment
$602,160
Total Assessment
$914,038
 

  • Listing ID: 32595741

  • Date on Market: 7/26/2024

  • Last Updated:

  • Address: 5426-5434 Melrose Ave, Los Angeles, CA 90038

More public record information on 5426-5434 Melrose Ave, Los Angeles, CA 90038

The Hancock Park Flex Property at 5426-5434 Melrose Ave, Los Angeles, CA 90038 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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