Log In/Sign Up
Your email has been sent.
646 N Western Ave 5,836 SF 100% Leased Retail Building Los Angeles, CA 90004 For Sale
Investment Highlights
- Trendy two (2) story Melrose Hill - Arts Corridor commercial building in a prime location on Western at Melrose.
- High end art district featuring; David Zwirner, Moran Moran, Unrepd, Faun, Chateau Shatto, Wilding Cran, The Brick, Wubby, James Fuentes and Fernberge
- Ideal for an Owner-User or developer repositioning.
- Convenient access to public transit and major freeways (101, 110).
Executive Summary
First time for sale in 30+ years. SEC Melrose Ave and Western Ave. Former Melrose Hostel (2nd floor), with 5 large dormitory rooms configured for up to 60 guests. Property to be delivered vacant at the close of escrow.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
5,836 SF
Building Class
B
Year Built/Renovated
1922/2017
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.55
Lot Size
0.09 AC
Zoning
LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Very walkable
80/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5521-001-003 | Improvements Assessment | $362,411 |
| Land Assessment | $1,672,692 | Total Assessment | $2,035,103 |
Property Taxes
Parcel Number
5521-001-003
Land Assessment
$1,672,692
Improvements Assessment
$362,411
Total Assessment
$2,035,103
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
646 N Western Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.