310-806-6126
5212 Melrose Ave, Los Angeles, CA for Sale
Commercial LAND - FOR SALE
1/4
12,419 SF

5212 Melrose Ave
Los Angeles, CA 90038
Beverly Grove


HIGHLIGHTS

  • PRIME HOLLYWOOD LOCATION ONE BLOCK FROM PARAMOUNT STUDIOS
  • Walker's Paradise Score of 90 & Good Transit Score of 55

OVERVIEW

Rare Hollywood development opportunity near Paramount Studios, Raleigh Studios and Larchmont Village - Vacant land - Ideal for Small Lot subdivision Ordinance (“SLO”) townhome development - Townhomes are considered to be one of the most active and sought-after types of residential development in the greater LA area - Adjacent to Osteria La Buca, a highly acclaimed Italian restaurant/bar - Billboard income - Located in Tier 2 TOC (per ZIMAS) - AB 2334 site (per ZIMAS) - allows unlimited density and additional height for eligible affordable housing projects - Located in an area experiencing tremendous growth due to its desirable proximity to the studios and well-paying jobs as well as Melrose and Larchmont Village amenities - Paramount Studios’ master plan for a major internal expansion to add 1.4M SF has been approved *Proforma for development of 9 SLO townhomes available upon request.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.29 AC

LAND SF

12,421 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C2-1

APN/PARCEL ID

5522-003-003

ASK ABOUT THIS PROPERTY

Kay Sasatomi, CCIMNAI CapitalMore Info
310-806-6126

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Kay Sasatomi, CCIMNAI CapitalMore Info
310-806-6126

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.