Mountain Real Estate Capital (MREC), the current owners of the property at 5112 Melrose (between Gramercy and St. Andrews), have been awarded approval to build 49 Small Lot Detached Homes. Upon receiving the entitlement, MREC listed the property for sale as originally planned.
According to Curbed LA, the property will be cleared of all parking lots and buildings before it is transferred to the new owner(s).
This architects and planners on this property did present in front of the Greater Wilshire Neighborhood Council (GWNC) multiple times over the past several months, making adjustments to their plans based on input from the GWNC Land Use Committee.
Read more here…
Curbed LA – Larchmont Small-Lot Site For Sale
Property Prospectus – Melrose and Gramercy Sales Prospectus
Earlier Larchmont Buzz Post – Developer Buys 5120 Melrose, Between Gramercy and St. Andrews
About Mary
Mary has lived in the Hancock Park area for over 20 years - including homes in Larchmont Village and Windsor Square. Mary has lived in some great places in her life - but none compare to the convenience and majesty of our neighborhood. For Mary, the neighborhood has been a wonderful home to her large, extended family...at one time she had family members living on seven different Hancock Park area blocks! Larchmont Buzz is a labor of love - built to celebrate the neighborhood and to elevate the conversation in the area.
