5625 Melrose Ave, Los Angeles, CA 90038

Property Description

Rare reposition opportunity in a highly valuable location in Larchmont Village. This freestanding two-story commercial building sits at the intersection of Melrose Avenue and N. Larchmont Boulevard, one of the most recognizable corners in Hollywood. Built in 1928 with dramatic skylights and rooftop views of Hollywood, Larchmont Village, and Hancock Park, the property carries the authentic character of early Hollywood, and with it a rich history. The 14,760 SF two-story building sits on 15,402 SF of land and benefits from a rare combination: a Melrose Avenue address at the top of Larchmont Blvd nestled among restaurants and mixed-use projects, on-site secured parking, and unmatched proximity to the entertainment industry's most active studio corridor. The site is zoned C4-1D, one of Los Angeles' most permissive commercial designations, supporting office, retail, medical, mixed/use*, and a broad range of creative uses. Enriched with Old Hollywood history, 5625 Melrose Ave. was built in 1928 and originally served as a bathhouse through the mid-1940's. The building has most recently served as the longtime headquarters for the motion picture equipment house Alan Gordon Enterprises, one of Hollywood's most storied motion picture firms serving major studios and productions. Prior to Alan Gordon Enterprises, the location was home to Spmc, the renowned animation studio behind The Ren & Stimpy Show.