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5725 Melrose Ave
Los Angeles, CA 90038
Land For Sale
·
0.15 AC
Investment Highlights
- The Neema Group is pleased to present 5725 Melrose Ave, a vacant lot totaling 6,424 SF zoned C2-1D in a Tier 3 TOC
- Ideal multifamily development opportunity with the ability to build 17 units by-right, 28 units if the TOC incentives are utilized
- Ideal location just down the street from Wilshire Country Club, Los Angeles Tennis Club and the Marlborough School
- Located in a prime location on Melrose Ave in the Hancock Park & Larchmont Village neighborhood of Los Angeles
- Additional density via ED-1 (Buyer to verify)
- Unique opportunity to acquire a vacant lot with strong density potential and no relocation required
Property Facts
Property Taxes
| Parcel Number | 5534-036-019 | Improvements Assessment | $0 |
| Land Assessment | $1,896,380 | Total Assessment | $1,896,380 |
Property Taxes
Parcel Number
5534-036-019
Land Assessment
$1,896,380
Improvements Assessment
$0
Total Assessment
$1,896,380
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