5725 Melrose Avenue, Los Angeles, CA 90038

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
#1#2#3
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

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Home facts

  • Listing Id #:25557921
  • Added:60 day(s) ago
  • Updated:August 26, 2025 at 01:18 PM

Structure and exterior

  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$1,700,000
Based on information from California Regional Multiple Listing Service, Inc. as of August 26, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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