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6617 Melrose Ave #1, Los Angeles, CA 90038
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6617 Melrose Ave #1 Los Angeles, CA 90038

$1,995,000
  • -- Beds
  • -- Baths
  • 2,100 Sq.Ft.
For Sale
$1,995,000 Get Pre-Qualified
Map preview of 6617 Melrose Ave #1, Los Angeles, CA 90038

Property Overview: 6617 Melrose Ave #1 Los Angeles, CA has -- bedrooms, -- bathrooms, 2,100 living square feet and 6,583 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: INCREDIBLE TRI-LEVEL LIVE WORK LOFT ON MELROSE. This expansive, south facing creative loft (approximately 3,000 square feet with garage space included) features an open floor plan with soaring ceilings and hardwood floors, including a full kitchen with granite counters and stainless steel appliances, three bathrooms, and a large, private sun deck with a retractable awning. There is an automatic, direct-access garage with room for six tandem cars or for use as additional work space. Additional features include dual-zone HVAC, recessed lighting, security camera, and walls of dual pane windows. Easily fitting 25 plus work stations, the property is perfect for use as a creative office space, tech company, production company, entertainment or multimedia company, design or photography studio, or as a beautiful and unique home. Ideally located in the "Beverly Hills of Hollywood" near studios/entertainment companies and some of L.A.'s best shops and restaurants, this one is a rare find.

Listed by Allison Schwarz | BRE #01878458 | Compass
Co-listed by Charlie Schuster | BRE #01935761 | Compass
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1703
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Home details

Lot Sq. Ft
6,583
HOA Dues
$0/mo
Year built
2005
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
18311124
City
Los Angeles
County
Los Angeles
Time on Site
1200 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $577,201
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 6617 Melrose Ave #1

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Property Details for 6617 Melrose Ave #1

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • See Remarks
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Dishwasher
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 1
  • Parcel Number: 5524012059
Location / Neighborhood
Location Information
  • Directions: Corner of Melrose and Highland
View more facts & features

Local Los Angeles Agent

Sale History for 6617 Melrose Ave #1

Last leased for $9,000 on December 10th, 2019

  • December, 2019

  • Dec 11, 2019

    Date

    Leased

    CRMLS: 19509600

    $9,000

    Price

  • Oct 30, 2019

    Date

    Price Change

    CRMLS: 19509600

    $9,000

    Price

  • Oct 7, 2019

    Date

    Price Change

    CRMLS: 19509600

    $11,200

    Price

  • Sep 11, 2019

    Date

    Active

    CRMLS: 19509600

    $12,900

    Price

  • Listing provided courtesy of CRMLS

    Furnished Turn-key New-York Style Loft. Recently renovated with a tasteful palette throughout, just walking distance from the hottest restaurants in LA; Mozza, Chi Spacca, Trois Mec and Auburn are all within 1 block. An Incredible Live/Work option with efficient open plan allows for abundant office Space whilst separate Living quarter options are afforded by the Tri-Level design. South Facing Floor to Ceiling Glass floods the main spaces with natural light throughout the day. A 4 car direct-access garage is perfect for office staff or resident's car collection. Enjoy views of the Hollywood Hills from the privately Hedged Roof deck with retractable awning for mid-day shade.. Sophisticated City living at its finest in one of the hottest locations.

  • December, 2019

  • Dec 11, 2019

    Date

    Canceled

    CRMLS: 19497480

    $2,095,000

    Price

  • Nov 6, 2019

    Date

    Price Change

    CRMLS: 19497480

    $2,095,000

    Price

  • Oct 17, 2019

    Date

    Price Change

    CRMLS: 19497480

    $2,195,000

    Price

  • Sep 4, 2019

    Date

    Price Change

    CRMLS: 19497480

    $2,250,000

    Price

  • Aug 8, 2019

    Date

    Active

    CRMLS: 19497480

    $2,350,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT CONTACT OWNER OR TENANTS! Furnished Turn-key New-York Style Loft. Recently renovated with a tasteful palette throughout, just walking distance from the hottest restaurants in LA; Mozza, Chi Spacca, Trois Mec and Auburn are all within 1 block. An Incredible Live/Work option with efficient open plan allows for abundant office Space whilst separate Living quarter options are afforded by the Tri-Level design. South Facing Floor to Ceiling Glass floods the main spaces with natural light throughout the day. A 4 car direct-access garage is perfect for office staff or resident's car collection. Enjoy views of the Hollywood Hills from the privately Hedged Roof deck with retractable awning for mid-day shade.. Sophisticated City living at its finest in one of the hottest locations.

  • April, 2018

  • Apr 30, 2018

    Date

    Sold

    CRMLS: 18310418

    $1,850,000

    Price

  • Mar 27, 2018

    Date

    Active Under Contract

    CRMLS: 18310418

    $1,850,000

    Price

  • Mar 14, 2018

    Date

    Price Change

    CRMLS: 18310418

    $1,850,000

    Price

  • Feb 8, 2018

    Date

    Active

    CRMLS: 18310418

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2018

  • Apr 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,850,000

    Price

  • February, 2018

  • Feb 9, 2018

    Date

    Active

    CRMLS: 18311124

    $1,995,000

    Price

  • November, 2015

  • Nov 19, 2015

    Date

    Price Change

    CRMLS: 15955861

    $9,400

    Price

  • Nov 3, 2015

    Date

    Price Change

    CRMLS: 15955861

    $9,800

    Price

  • Listing provided courtesy of CRMLS

    Between West Hollywood and Hancock Park on prime Melrose Avenue, this live + work loft is uniquely located close to the boutiques and cafes of bustling La Brea Avenue and production companies, studios and art galleries of Highland @ Melrose. The loft is stylishly furnished with modern desks and a phone system for plug & play production requirements and may be leased with equipment & furnishings. Constructed in 2005 of steel, cinderblock and glass, the tri-level loft features voluminous ceilings on the main level, hardwood floors throughout, 3 bathrooms, 3 flexible bedrooms/offices, full kitchen, dining area, sun deck with views, and 4-car private garage with direct access. Remove the furniture, and you have the perfect city residence. As an office or residence (or both) in central Los Angeles, this flexible loft space offers many possibilities and a unique urban experience.

  • October, 2013

  • Oct 9, 2013

    Date

    Price Change

    CRMLS: 13710481

    $8,950

    Price

  • Listing provided courtesy of CRMLS

    Between West Hollywood and Hancock Park on prime Melrose Avenue, this live + work loft is uniquely located close to the boutiques and cafes of bustling La Brea Avenue and production companies, studios and art galleries of Highland @ Melrose. The loft is stylishly furnished with modern desks and a phone system for plug & play production requirements and may be leased with equipment & furnishings. Constructed in 2005 of steel, cinderblock and glass, the tri-level loft features voluminous ceilings on the main level, hardwood floors throughout, 3 bathrooms, 3 flexible bedrooms/offices, full kitchen, dining area, sun deck with views, and 4-car private garage with direct access. Remove the furniture, and you have the perfect city residence. As an office or residence (or both) in central Los Angeles, this flexible loft space offers many possibilities and a unique urban experience.

  • August, 2006

  • Aug 11, 2006

    Date

    Sold (Public Records)

    Public Records

    $1,450,000

    Price

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Tax History for 6617 Melrose Ave #1

Assessed Value (2020): $1,924,740
Year Land Value Improved Value Assessed Value
2020 $1,300,500 $624,240 $1,924,740

Home Value Compared to the Market

This property vs the competition

6617 Melrose Ave #1 is listed 59.73% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $950 per/sqft which puts the price per square foot 23.06% higher than the median price per square foot for the city of Los Angeles.

About 6617 Melrose Ave #1

Detailed summary of property

6617 Melrose Ave #1 is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers -- bedrooms, -- bathrooms, roughly 2,100 living square feet, and sits on an approximately 6,583 square foot lot. 6617 Melrose Ave #1 was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner is currently asking $1,995,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 59.73% higher than the median priced home. Local competing homes currently for sale include 5918 Barton Ave, 625 N Plymouth Blvd and 610 N Spaulding Ave. While the average home in Los Angeles, CA is selling in 97 days, 6617 Melrose Ave #1 has a days on market of 1703 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 6617 Melrose Ave #1 Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6617 Melrose Ave #1

Public county record property details
Beds
--
Baths
--
Year built
2005
Sq. Ft.
2,100
Lot Size
6,582
Stories
1
Type
Industrial (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
A
APN
5524-012-059

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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