5725 Melrose Avenue, Los Angeles, CA 90038
Local realty services provided by:ERA North Orange County Real Estate
5725 Melrose Avenue,Los Angeles, CA 90038
$1,700,000
- 0.15 Acres
- Lots / Land
- Active
Listed by:neema ahadian
Office:marcus & millichap
MLS#:25557921
Source:CRMLS
Price summary
- Price:$1,700,000
About this home
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.
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Home facts
- Listing ID #:25557921
- Added:98 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Structure and exterior
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,700,000
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