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4401 Melrose Ave - Melrose Development Site Lot • Terrain commercial • 0,16 Acres • 1 752 412 $ CAD • Los Angeles, CA 90029
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Résumé de l'annonce
INVESTMENT HIGHLIGHTS
• Strategic Corner Position: Command the intersection of Melrose and Madison with a prominent corner profile, offering superior architectural presence and multiple signage opportunities.
• Tier 3 TOC Incentives: Utilize the Transit Oriented Communities program to maximize residential density and floor area ratio (FAR), significantly enhancing the project's overall yield.
• LACC Campus Adjacency: Located directly across from Los Angeles City College, providing a captive market for student housing or campus-serving commercial uses.
• Medical District Proximity: Situated minutes from Kaiser Permanente and Children’s Hospital Los Angeles, making the site an ideal location for workforce housing targeting healthcare professionals.
• Transit-Centric Connectivity: Exceptional access to the Metro B Line (Red) at Vermont/Santa Monica, ensuring seamless connectivity to Downtown LA, Hollywood, and beyond.
• Virgil Village Influence: Bordering the creative energy of Virgil Village, the site benefits from a dense concentration of Michelin-recognized dining and trendy retail amenities.
• Strategic Corner Position: Command the intersection of Melrose and Madison with a prominent corner profile, offering superior architectural presence and multiple signage opportunities.
• Tier 3 TOC Incentives: Utilize the Transit Oriented Communities program to maximize residential density and floor area ratio (FAR), significantly enhancing the project's overall yield.
• LACC Campus Adjacency: Located directly across from Los Angeles City College, providing a captive market for student housing or campus-serving commercial uses.
• Medical District Proximity: Situated minutes from Kaiser Permanente and Children’s Hospital Los Angeles, making the site an ideal location for workforce housing targeting healthcare professionals.
• Transit-Centric Connectivity: Exceptional access to the Metro B Line (Red) at Vermont/Santa Monica, ensuring seamless connectivity to Downtown LA, Hollywood, and beyond.
• Virgil Village Influence: Bordering the creative energy of Virgil Village, the site benefits from a dense concentration of Michelin-recognized dining and trendy retail amenities.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 1 752 412 $ CAD | Taille du lot | 0,16 AC |
| Prix par AC | 10 952 577,93 $ CAD |
| Prix | 1 752 412 $ CAD |
| Prix par AC | 10 952 577,93 $ CAD |
| Taille du lot | 0,16 AC |
4401 Melrose Avenue: a prime corner development site located at the intersection of Melrose & N. Madison. Positioned on the northwest corner and extending toward N. Edgemont Street, this site offers high-visibility frontage adjacent to LACC
Description
The property is directly adjacent to the Los Angeles City College (LACC) campus and within the Vermont/Western SNAP. It is uniquely positioned for a high-density project designed to serve the medical, academic, and creative workforce of East Hollywood and Virgil Village.
1 1
Très accessible à pied
80/100
Exceptionnellement adapté aux voitures
100/100
Bons transports en commun
70/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 5538-015-028 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 1 290 753 $ CAD | Évaluation totale | 1 290 753 $ CAD |
Impôts fonciers
Numéro de lot
5538-015-028
Évaluation du terrain
1 290 753 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 290 753 $ CAD
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4401 Melrose Ave - Melrose Development Site
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