6621 Melrose Avenue, Los Angeles, California 90038, Los Angeles, 90038 - 1 bed, 3 bath

6621 Melrose Avenue, Los Angeles, California 90038 home-pic-0
ACTIVE$2,095,000
6621 Melrose Avenue, Los Angeles, California 90038
1Bed
3Baths
2,100Sqft
6,585Lot
Year Built
2005
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$998
HOA
$360
Days on market
-
Sold On
-
MLS number
24468805
Home ConditionGood
Features
Good View: Hills
Deck
ViewHills

About this home

We found 3 Cons,5 Pros. Rank: price - $2.10M(83th), sqft - 2100(83th), beds - 1(33th), baths - 3(83th).

A rare and unique property, zoned C4 (Residential and/or Commercial Use). This Tri-level Live/Work Townhome Loft is perfectly located in the Melrose Design District. A corner unit and only 4 total units in the complex these lofts rarely come on the market. Ideal as a personal residence with business, creative-space, an art gallery, production or design studio, entertainment, multimedia, start-up company or as a cool loft-style home. Created of steel, cement block, and glass, the modern tri-level loft features an entry level that hosts a large open concept area with a half bath and direct access to a 4-car private garage (or utilize the garage for an expansive work space for a total of approx 3000sqft of usable space). The second level consists of a kitchen with quartz counters and stainless appliances, flexible private rooms and open-concept spaces with soaring double-height ceilings, a full bath, and adjacent atrium. A third level creates a primary suite or additional creative space with a full bath with dual vanity and access to an additional 350sqft outdoor sun deck, outdoor meeting area or alfresco dining space for entertaining with views of the Hollywood Hills. Laundry located in the garage, with hardwood and concrete flooring, and recessed lighting throughout. Centrally located to Hollywood, Larchmont, and adjacent to infamous eateries: Osteria & Pizza Mozza, art and design galleries, and studio shops.

Condition Rating
Good

Built in 2005, this property falls within the 10-20 year age range for a 'Good' rating. The description highlights modern features such as quartz counters, stainless steel appliances in the kitchen, dual vanities in the bathrooms, and a combination of hardwood and concrete flooring throughout. Recessed lighting and the overall 'steel, cement block, and glass' construction with double-height ceilings indicate a contemporary, move-in ready aesthetic. While not newly built or extensively renovated within the last 5 years, the property's condition, style, and features are well-maintained and align with current quality standards, requiring no immediate renovations.
Pros & Cons

Pros

Flexible C4 Zoning: Rare C4 zoning allows for diverse live/work applications, including residential, commercial, creative studios, or galleries, maximizing utility and investment potential.
Prime Melrose Design District Location: Strategically situated in a vibrant, high-demand area, offering excellent walkability to renowned eateries, art galleries, and design studios, with easy access to Hollywood and Larchmont.
Modern Architectural Design: Constructed with steel, cement block, and glass in 2005, featuring a tri-level layout, soaring double-height ceilings, and an atrium, providing a contemporary and aesthetically appealing environment.
Expansive & Versatile Space: Offers 2100 sqft of interior space, a 350 sqft private outdoor sun deck with Hollywood Hills views, and a 4-car private garage that can be converted into an additional 900 sqft of usable workspace, totaling approximately 3000 sqft.
Exclusivity & Corner Unit: A rare offering as a corner unit within a small, four-unit complex, ensuring privacy and a unique ownership opportunity in a sought-after location.

Cons

Limited Dedicated Bedrooms: Officially listed as 1 bedroom, which may not suit buyers seeking multiple private sleeping quarters for a traditional family residence, despite flexible open-concept spaces.
Monthly Homeowners Association (HOA) Fees: A recurring monthly association fee of $360 adds to the overall cost of ownership, which potential buyers must factor into their budget.
Potential for Commercial District Noise/Traffic: Located in a bustling design district with C4 zoning, the property may experience higher levels of street noise and traffic, potentially impacting residential tranquility.

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