$1,698,000
For Sale

5754 Melrose Avenue

Los Angeles, CA 90038
2772 sqft | 6 beds | 0.05 acres | #24461549
Listing OfficeRodeo Realty
Browse 108 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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. Cash offers only.

  • Property Details
      • School DistrictLos Angeles Unified
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • InteriorCeilingFans
      • CountyLos Angeles
      • Original List Price$1,698,000
      • MLS #24461549
      • MLS #24461549
      • Cost1698000
      • Acres0.0496
      • Sewer InformationOther
      • Square Feet2772
      • Year Built1924
      • Bedrooms6

Location

Augie MendozaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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