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

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

Interior Features

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

Exterior Features

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

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 $900K
$1.35M
Visits
AVG 145
350
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1920
Walkscore
AVG 90
94
Data Provided by Walkscore® not using MLS data