4100 Melrose Ave Los Angeles CA
Land | 15,000 SqFt
Marketing description
This site is located right in the middle of Silver Lake and Melrose Hill — two historic central LA neighborhoods with a rich history that are a hub for art, entertainment, and gastronomy. Both of these areas have a strong sense of community and plenty of modern amenities that makes these areas a hot spot for young professionals, families, and investors alike.
The area’s relative affordability plus close proximity to both Hollywood and Downtown makes this a prime location for investors looking to benefit from a growing market. Plus the site is just one block away from the Los Angeles City College, which guarantees a steady traffic of students and young professionals.
Investment highlights
LOT SIZE ±14,985SF (±0.34AC)
BUILDING SIZE ±2,400SF
APN: 5539-023-001
ZONING NEIGHBORHOOD COMMERCIAL (C2-1)
YEAR BUILT 1935
TOC TIER 3
OPPORTUNITY ZONE
ED1 ELIGIBLE SITE
PARKING REQUIREMENTS NONE
(LOW VEHICLE TRAVEL AREA)
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