Seller Carry Available | 5454 Virginia Ave
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Seller Carry Available 5454 Virginia Ave
11,194 SF Flex Building Los Angeles, CA 90029 $2,995,000 ($268/SF)
Investment Highlights
- Opportunity for creative users, production, studio
- Dynamic Melrose Hill (Hollywood) location
- High demand market with strong growth potential
- 11,194 SF building with flexibility for various uses
- Close proximity to major production studios (Paramount Pictures, Netflix, and CBS Studios)
Executive Summary
SELLER FINANCING AVAILABLE
Matthew Luchs of Zacuto Group and Sam Liberow of Marcus & Millichap are pleased to exclusively present for sale 5454 Virginia Avenue, an 11,194-square-foot mixed-use retail and office property located in the heart of Melrose Hill (Hollywood), CA. Rare owner-user opportunity is strategically positioned in a high-demand area, offering excellent visibility, prime access to major production studios, and convenient connectivity to key freeways, making it an ideal location for a diverse range of businesses.
5454 Virginia Avenue is a compelling investment, particularly for businesses in the creative and food industries, such as studio spaces, ghost kitchens, and catering companies, providing a flexible and centrally located base for operations. The property’s combination of retail and office spaces, along with its adaptability, ensures it can cater to a wide array of business needs. This offering represents a unique chance to acquire a prime asset in one of Los Angeles’ most vibrant and desirable neighborhoods, perfectly suited for both owner-users and investors seeking to capitalize on the robust demand in the area.
Matthew Luchs of Zacuto Group and Sam Liberow of Marcus & Millichap are pleased to exclusively present for sale 5454 Virginia Avenue, an 11,194-square-foot mixed-use retail and office property located in the heart of Melrose Hill (Hollywood), CA. Rare owner-user opportunity is strategically positioned in a high-demand area, offering excellent visibility, prime access to major production studios, and convenient connectivity to key freeways, making it an ideal location for a diverse range of businesses.
5454 Virginia Avenue is a compelling investment, particularly for businesses in the creative and food industries, such as studio spaces, ghost kitchens, and catering companies, providing a flexible and centrally located base for operations. The property’s combination of retail and office spaces, along with its adaptability, ensures it can cater to a wide array of business needs. This offering represents a unique chance to acquire a prime asset in one of Los Angeles’ most vibrant and desirable neighborhoods, perfectly suited for both owner-users and investors seeking to capitalize on the robust demand in the area.
Property Facts
Walk Score ®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 5536-010-006 | Improvements Assessment | $369,650 |
| Land Assessment | $1,749,832 | Total Assessment | $2,119,482 |
PROPERTY TAXES
Parcel Number
5536-010-006
Land Assessment
$1,749,832
Improvements Assessment
$369,650
Total Assessment
$2,119,482
zoning
| Zoning Code | LAC4 (Los Angeles C4 - permissive zoning usable for a wide range of businesses.) |
| LAC4 (Los Angeles C4 - permissive zoning usable for a wide range of businesses.) |
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Seller Carry Available | 5454 Virginia Ave
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