Property Detail

5754 Melrose

Los Angeles CA 90038

$1,698,000

Status: Active

Property Details

Description

Great for a 1031 Exchange replacement/upleg property, or ideal for an Owner/User! Introducing a 4 unit apartment complex located on the popular Melrose Avenue with Commercial Zoning. The owner's 2-bedroom unit will be delivered vacant affording the opportunity for more income, or a wonderful owner/user option. There is a rooftop deck for the owner's unit which offers views of the Hollywood Sign and Griffith Observatory. The rest of the building is vacant and ready to fill with residential or commercial tenants. The building is located in prime Melrose and is only steps away from Larchmont, Paramount Studios, Raleigh Studios and more. Buyer to cooperate with Seller's 1031 Exchange at no expense to buyer.

Map Location

Listing provided courtesy of Todd Jones of Rodeo Realty. Last updated 2024-11-26 09:11:19.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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