Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions Logo
$1,573,000
 $8,444 est/mo Sourced by Back At You

5725 Melrose Avenue,Los Angeles, CA 90038

Los Angeles, CA 90038

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Description

We are pleased to present 5725 Melrose Ave, a vacant lot totaling 6,424 SF zoned C2-1D in a Tier 3 TOC located in a prime location on Melrose Ave in the Hancock Park & Larchmont Village neighborhood of Los Angeles. Ideal multifamily development opportunity with the ability to build 17 units by-right, 28 units if the TOC incentives are utilized, or additional density via ED-1 (Buyer to verify). Ideal location just down the street from Wilshire Country Club, Los Angeles Tennis Club and the Marlborough School; walking distance to numerous retail amenities along N Larchmont Blvd and half a mile from Paramount Studios; high walk score of 93. Located in a submarket with strong demographics; average household income of $91,486 within a 5-mile radius of the subject property and median home value of over $1 MM within two miles. Central location with an easy commute throughout Los Angeles to Hollywood, West Hollywood, Beverly Hills, Los Feliz, and La Brea. Unique opportunity to acquire a vacant lot with strong density potential and no relocation required.

Details

MLS #26823233
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site136
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Benjamin Lee

Features

ZoningLAC2
Acreage0.15
Property ViewNone

Exterior

Lot FeaturesRectangular Lot, Value In Land

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90038
AreaC20 Hollywood
Listing VS Median (in 90038)
Price:
$1,573,000
low | high
Med:
$1,960,000
25.397329942784% of Average
On site:
136
low | high
Med:
147
92.517006802721% of Average
Sourced by Back At You

Market Activity 90038

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Additional Information

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Learn More About This Property

Gustavo Macias

Gustavo Macias

Coldwell Banker Commercial

01758792 (626) 523-1730gustavo.macias@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90038
AreaC20 Hollywood
Listing VS Median (in 90038)
Price:
$1,573,000
low | high
Med:
$1,960,000
25.397329942784% of Average
On site:
136
low | high
Med:
147
92.517006802721% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.179M - $1.966M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
5736 Camerford Avenue Property Photo 1
$1,319,000
5736 Camerford Avenue
Los Angeles, CA 90038
5735 Camerford Avenue Property Photo 1
$1,400,000
5735 Camerford Avenue
Los Angeles, CA 90038
5625 Melrose Avenue Property Photo 1
$5,600,000
5625 Melrose Avenue
Los Angeles, CA 90038
622 N Larchmont Boulevard Property Photo 1
$5,540
622 N Larchmont Boulevard
Los Angeles, CA 90004
601 N Rossmore Avenue Property Photo 1
$7,500,000
601 N Rossmore Avenue
Los Angeles, CA 90004
Listing Updated: August 21, 2026 at 11:09:58 PM PDT

Gustavo Macias - Coldwell Banker Commercial Real Estate Solutions