Listed By:
Kay Sasatomi with NAI Capital, Inc.;
Address
4958 Melrose Avenue, Los Angeles, CA
Price
$ 1,350,000
Property Attributes
  • MLS#21683430
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90029
  • StyleMixedUse
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2820
  • Lot Size2,975 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Fully remodeled 2 story owner-user opportunity near Paramount Studios, Raleigh Studios and Conway Recording Studios. Ideal for live/work, creative uses, recording studio, co-working and retail with showroom. Formerly a co-living facility. Massive remodel including: New electrical, plumbing, sewer line, roof, tankless water heaters, windows, bathrooms with showers, ground floor kitchen and kitchen hookups on the 2nd floor. Private patio in the back. Bonus common area/rec room/multipurpose attic space and converted garage. Potential to convert garage to an ADU (Accessory Dwelling Unit). Ideally located on Melrose Ave @ Western in burgeoning East Hollywood with easy access to the 101 FWY. Strategic location between Hollywood, Hancock Park and Koreatown. Walking distance to gourmet restaurants and 5 minute drive to Larchmont Village. Walk Score 92 out of 100 (Walker's Paradise).

Price History
4/25/2023 Listed $1,350,000

General Features

Heating Zoned
Zoning LAC2
HOA 0.0
Year Built 1920
Property SubType MixedUse
County Los Angeles
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Special Listing Conditions Standard
Status Pending
Directions On Melrose just East of Western
City Los Angeles
View Y/N No
Senior Community Y/N No
Open Parking Spaces 2.0
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 2974.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Melrose
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 72
Standard Status Pending
Property Sub Type Additional MixedUse
MobileHomeRemainsYN No

Interior Features

Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Laundry Features Outside
Electric On Property Y/N No

Exterior Features

Lot Features BackYard
Total Parking 3.0
Lot Size Area 2974.0
Spa No
Building Area Total 2820.0
Lot Size Acres 0.0683
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90029

Price
AVG $790K
$1.35M
Visits
AVG 211
473
Data Provided by Inside Real Estate®
Year Built
AVG 1934
1920
Walkscore
AVG 93
94
Data Provided by Walkscore® not using MLS data