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$ 5,600,000
Est. payment /mo
New
5625 Melrose Avenue Los Angeles, CA 90038
14,760 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 14,760 sqft
Price per Sqft $379
MLS Listing ID CL26866491
HOA Y/N No
Year Built 1928
Lot Size 0.354 Acres
Acres 0.3536
Property Sub-Type Comm Ind For Sale
Property Description
Rare reposition opportunity in a highly valuable location in Larchmont Village. This freestanding two-story commercial building sits at the intersection of Melrose Avenue and N. Larchmont Boulevard, one of the most recognizable corners in Hollywood. Built in 1928 with dramatic skylights and rooftop views of Hollywood, Larchmont Village, and Hancock Park, the property carries the authentic character of early Hollywood, and with it a rich history. The 14,760 SF two-story building sits on 15,402 SF of land and benefits from a rare combination: a Melrose Avenue address at the top of Larchmont Blvd nestled among restaurants and mixed-use projects, on-site secured parking, and unmatched proximity to the entertainment industry's most active studio corridor. The site is zoned C4-1D, one of Los Angeles' most permissive commercial designations, supporting office, retail, medical, mixed/use*, and a broad range of creative uses. Enriched with Old Hollywood history, 5625 Melrose Ave. was built in 1928 and originally served as a bathhouse through the mid-1940's. The building has most recently served as the longtime headquarters for the motion picture equipment house Alan Gordon Enterprises, one of Hollywood's most storied motion picture firms serving major studios and productions. Prior to Alan Gordon Enterprises, the location was home to Spmc, the renowned animation studio behind The Ren & Stimpy Show.
Location
State CA
County Los Angeles
Zoning LAC4-1D
Interior
Interior Features Elevator
Fireplace No
Exterior
Total Parking Spaces 30
Building
New Construction No
Others
Tax ID 5534035015

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Listed by David Kaufman • David Ballin Kaufman
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