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Commercial Land with TOC Options
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4853 Melrose Ave, Los Angeles, CA 90029

C1-1D Tier 2 vacant land with Melrose Avenue frontage, Metro access, and convenient connection to the 101.

Property SizeContact for details
Days on Market143

Property Features for 4853 Melrose Ave

General Information

Standard status Pending
Property subtype Land
Listing Agency: Partners CRE
Listed By: Dario Svidler · License #CA 01884474
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 11:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Partners CRE

Investment Insights

Based on property information with market context.

This offering includes two vacant lots totaling 13,230 SF after a 13 foot dedication, with 100 feet of frontage along Melrose Avenue. The property is designated C1-1D Tier 2 and has a slight slope that may support a street-level parking arrangement while the building rises toward the rear. Development parameters identified for the site include ED1, Tier 2 TOC, and Density Bonus pathways, with capacity for up to 66± units. No entitlements are in place, leaving the design process open, and the property has a Clean Phase 1 along with no RSO or Replacement Issues.

Located at 4853 Melrose Ave in Los Angeles, the site is east of Hollywood and north of Koreatown. It is approximately half a mile from a Metro Subway Station and offers access to the 101. The listing includes APNs 5535-029-034 and 5535-029-035.

Key Highlights

  • Development capacity of up to 66± units
  • 13,230 SF of vacant land after a 13 foot dedication
  • 100 feet of frontage on Melrose Ave

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,722
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - C1-1D Tier 2 vacant land with Melrose Avenue frontage, Metro access, and convenient connection to the 101.
Where is this commercial land located?
The property is located at 4853 Melrose Ave Los Angeles, CA.
What are key features of this property?
This property features: Development capacity of up to 66± units; 13,230 SF of vacant land after a 13 foot dedication; 100 feet of frontage on Melrose Ave
(310) 432-6400 Call to check price and availability
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