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4958 Melrose Avenue, Los Angeles, CA 90029

Commercial property · 2 recorded sales since 2019

4958 Melrose Avenue, Los Angeles, CA 90029 Sold April 2022 CRMLS
$1,350,000Sold April 2022

Listing Agent: Kay Sasatomi (DRE #01824653) · Listing Office: NAI Capital, Inc. · Contact: 310-440-8500 · Bought with: Kay Sasatomi · NAI Capital Commercial Inc. · MLS #21683430 · Source: CRMLS

2,820
Building Sq Ft
2,974 sqft
Lot Size
1920
Year Built
LAC2
Zoning
Commercial property
Type

About this commercial property

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).

Listing description from the April 2022 sale, as reported to CRMLS.

Sale history

$1,350,000
Sold April 2022 · on market January 2021 · MLS #21683430 · Source: CRMLS
Listing Agent: Kay Sasatomi · Listing Office: NAI Capital, Inc. · Contact: 310-440-8500 · Bought with: Kay Sasatomi · NAI Capital Commercial Inc.
$815,000
Sold March 2019 · listed $885,000, orig. $960,000, on market July 2018 · MLS #PW18171473 · Source: CRMLS
Listing Agent: Hal Schlegel · Listing Office: eXp Realty of California Inc · Contact: 888-584-9427 · Bought with: Hal Schlegel · eXp Realty of California Inc
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