5754 Melrose AVE Los Angeles, CA 90038

Multi-Family (2-4 Units) MLS #: 24-461549 Courtesy Of Rodeo Realty

$1,698,000

6 beds | 2,772 sq ft
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Estimated monthly payments: $7,423/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Appliances: Microwave
  • Architecture Style: Other
  • Cooling System: Wall Unit(s) A/C
  • Floor Covering: Tile, Wood
  • Lot Size: 0.05 Acres
  • Rooms: Dining Room, Family Room, Living Room

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5754 Melrose AVE, Los Angeles, CA 90038
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School Information

5754 Melrose AVE, Los Angeles, CA 90038

Elementary School
Grades KG-5 | Public School
VAN NESS AVENUE ELEMENTARY
Los Angeles, CA 90004
501 N Van Ness Ave
323.­469.0992
Distance: 0.6 mi
School Rating
C+
Student:Teacher Ratio
16:1
Total Students
187
Middle School
Grades 6-8 | Public School
BANCROFT MIDDLE SCHOOL
Los Angeles, CA 90038
929 N Las Palmas Ave
323.­993.3400
Distance: 0.7 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
549
High School
Grades 9-12 | Public School
FAIRFAX HIGH SCHOOL
Los Angeles, CA 90046
7850 Melrose Ave
323.­370.1200
Distance: 2.0 mi
School Rating
B
Student:Teacher Ratio
22:1
Total Students
1846
Other Nearby Schools Distance Type Grades School Rating
Christ The King School 0.1 mi Private KG-8
Page Academy-hancock Park 0.2 mi Private PK-8
Vine Street Elementary 0.3 mi Public KG-6 C
The Episcopal School Of Los Angeles 0.5 mi Private 6-12
Hollywood Primary Center 0.6 mi Public KG-3 D
Santa Monica Boulevard Community Charter 0.7 mi Public KG-6
Santa Monica Boulevard Community Charter 0.7 mi Public KG-6 B+
Beverly Hills Resources Corporation School Dba Bev 0.8 mi Private PK-4
California University Fce 0.8 mi Private 9-12
Joseph Le Conte Middle School 0.9 mi Public 6-8 C
Marlborough School 0.9 mi Private 7-12
Citizens Of The World Charter School Hollywood 1.0 mi Public KG-5 B
Richard A. Alonzo Community Day 1.0 mi Public 7-12 D-
Yeshiva Rav Isacsohn Toras Emes Academy Boys Jr High School 1.0 mi Private PK-8
3rd Street Elementary School 1.0 mi Public KG-5 A
Yeshiva Rav Isacsohn / Torath Em 1.1 mi Private PK-8
Apex Academy 1.1 mi Public 7-12 D+
Stem Academy Of Hollywood 1.1 mi Public 9-12 A-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90038

Median Age: 35.9
Married: 25%
Number of Households: 11,924
Households with Children: 15.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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