4853 Melrose Ave Los Angeles, CA 90029

Other Residential MLS #: 24-373595 Courtesy Of KELLER WILLIAMS BEVERLY HILLS REALTY

$2,700,000

0.3 acres
Print property details Share
Estimated monthly payments: $11,803/mo.* (recalculate)

Property InformationDescription

We are proud to present for sale a double vacant lot in the Melrose Hill neighborhood just east of Hollywood. Build up to 66+/- units with ED1 and work with the slight slope to fit parking at street level (if any parking at all) while building up towards the slope. Super central, just north of Koreatown and half a mile to the Metro Subway Station, this property has tremendously easy access to the 101 but also boasts the Walker's Paradise designation by Walk Score! With 13,230 SF (after a 13 foot dedication) of C1-1D Tier 2 vacant land spanning 100 feet of frontage on the world famous Melrose Ave., there are no RSO, no Replacement Issues, a Clean Phase 1, and no Entitlements to free your hand to design the talk of the town! The By-Right FAR can be maximized utilizing the Tier 2 TOC or Density Bonus! The neighborhood is changing and improving, with a lot of new and recent construction all around, including projects currently in Plan Check. Just a hop and a skip to Melrose and Western, with all of the new shops, restaurants, bars and much more! Listing includes two APNs: 5535-029-034 & 5535-029-035.

Features

  • Architecture Style: Other
  • Lot Size: 0.3 Acres
  • Roof Type: Unknown

MAP & DIRECTIONS

Get Directions
4853 Melrose Ave, Los Angeles, CA 90029
View Directions

School Information

4853 Melrose Ave, Los Angeles, CA 90029

Elementary School
Grades KG-5 | Public School
KINGSLEY ELEMENTARY SCHOOL
Los Angeles, CA 90029
5200 Virginia Ave
323.­644.7700
Distance: 0.6 mi
School Rating
C+
Student:Teacher Ratio
21:1
Total Students
355
Middle School
Grades 6-8 | Public School
JOSEPH LE CONTE MIDDLE SCHOOL
Los Angeles, CA 90028
1316 N Bronson Ave
323.­308.1700
Distance: 1.0 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
678
High School
Grades 9-12 | Public School
HELEN BERNSTEIN HIGH SCHOOL
Los Angeles, CA 90028
1309 N Wilton Pl
323.­817.6400
Distance: 0.9 mi
School Rating
D-
Student:Teacher Ratio
18:1
Total Students
690
High School
Grades 9-12 | Public School
STEM ACADEMY OF HOLLYWOOD
Los Angeles, CA 90028
1309 N Wilton Pl
323.­817.6461
Distance: 0.9 mi
School Rating
A-
Student:Teacher Ratio
20:1
Total Students
604
Other Nearby Schools Distance Type Grades School Rating
Harvard Elementary 0.5 mi Public KG-5 B-
Beverly Christian Academy 0.5 mi Private KG
Alexandria Elementary School 0.6 mi Public KG-5 B-
Van Ness Avenue Elementary 0.6 mi Public KG-5 C+
Immaculate Heart Of Mary School 0.6 mi Private KG-8
Ramona Elementary 0.6 mi Public KG-6 D+
Santa Monica Boulevard Community Charter 0.7 mi Public KG-6 B+
Santa Monica Boulevard Community Charter 0.7 mi Public KG-6
Hollywood Primary Center 0.9 mi Public KG-3 D
Blind Children's Center 0.9 mi Private PK-KG
Cahuenga Elementary School 0.9 mi Public KG-5 B-
Richard A. Alonzo Community Day 0.9 mi Public 7-12 D-
Apex Academy 0.9 mi Public 7-12 D+
Kim Elementary School 0.9 mi Public KG-5 B
St Brendan Catholic School 1.0 mi Private KG-8
Citizens Of The World Charter School Hollywood 1.0 mi Public KG-5 B
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90029

Median Age: 36.4
Married: 30%
Number of Households: 12,621
Households with Children: 20.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.