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5756 Melrose Ave

Los Angeles, CA 90038
  • $1,990,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 22-138513
UPDATED: 139 min ago
$1,990,000
  • 6
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,772
    SQFT
  • $718
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

School District:

Description

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 building is located in prime Melrose and is only steps away from Larchmont, Paramount, Raleigh Studios and more.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T23:43:08.557. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/126997855
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5756 Melrose Ave Los Angeles, CA 90038

  • Price: $1,990,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 139 min ago
  • MLS #: 22-138513
6
Beds
0
Baths
0
½ Baths
0.05
Acres
2,772
SQFT
$718
$/SQFT
1924
Built
Neighborhood:
Hancock Park-Wilshire
County:
Los Angeles
Area:
Hancock Park-Wilshire
School District:
Los Angeles Unified
Property Description
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 building is located in prime Melrose and is only steps away from Larchmont, Paramount, Raleigh Studios and more.
Exterior Features

Entry Location Other Levels Two Lot Description CurbsSidewalksSingle LotStreet ConcreteStreet LightingStreet PavedWalk Street Lot Location City Lot Size Area 2161 Other Structures None Parking Garage None Patio Features Deck(S)Roof Top Deck Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 0 View Description None View YN No Water Frontage None

Interior Features

Bathroom Features Shower And TubTile Baths Total 6.00 Common Walls Detached/No Common Walls Cooking Appliances MicrowaveOven Cooling Wall Unit(S) Den No Dining Room Yes Equipment Ceiling FanDishwasherFreezerMicrowaveRefrigeratorWasherDryerRange/Oven Family Room Yes Fireplace Rooms Living Room Flooring WoodTile Heating Wall Interior Features Common Walls Kitchen Features Counter TopQuartz Counters Laundry Laundry AreaRoom Rooms Dining RoomFamily RoomLiving RoomMaster Bedroom

Property Features

Assessed Total Value 286753 Electric Expense 4800.00 Gross Income 142800 Gross Operating Income 142800 Insurance Expense 2400.00 Like Units1 1 Like Units2 0 Like Units3 0 Like Units4 0 Like Units5 0 Maintenance Expense 5000.00 Net Operating Income 114025.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Security Features None Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays Cable TvElectricityGas Total Annual Expense 28775 Type Of Units Flat Water Public Water Expense 1200.00 Water Heaters YN Yes Year Built Source Assessor Zoning Lac1

Listing provided courtesy of Todd Jones DRE#01481426 of Rodeo Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T23:43:08.557. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270