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6700 Melrose Ave
Los Angeles, CA 90038
Office Property For Sale
Investment Highlights
- A unique owner-user opportunity in Hollywood between N Highland Ave & N La Brea Ave that can be delivered vacant at the close of escrow
- 8,800 SF lot with eight tandem parking spaces at the rear of the property (16 spaces total)
- Rare opportunity to acquire a freestanding building in a prime Hollywood location with the ability to occupy and renovate immediately
- 3,373 SF used as an office building with a gated entrance, professional lobby, conference room, 4 private offices, a bullpen, storage, and 3 bathrooms
- C2-1XL zoning allows for alternative uses like retail, theater, broadcast studio, and others (buyer to verify); there is also redevelopment potential
- A highly desirable submarket with proposed residential developments nearby such as 7100 Melrose Ave, 700 N Highland Ave, and 6101 Melrose Ave
Property Facts
Property Type
Building Size
3,373 SF
Building Class
C
Year Built
1946
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,373 SF
Building FAR
0.38
Lot Size
0.20 AC
Zoning
LAC2 - Allows for the establishment and operation of retail and business uses in conveniently located areas of the city
Parking
8 Spaces (2.37 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Secure Storage
- Outdoor Seating
- Air Conditioning
Property Taxes
| Parcel Number | 5524-016-001 | Improvements Assessment | $408,000 |
| Land Assessment | $3,672,000 | Total Assessment | $4,080,000 |
Property Taxes
Parcel Number
5524-016-001
Land Assessment
$3,672,000
Improvements Assessment
$408,000
Total Assessment
$4,080,000
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