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7301-7305 Melrose Ave
Los Angeles, CA 90046
Retail Property For Sale
Investment Highlights
- PRIME WEST HOLLYWOOD LOCATION
- RARE RETAIL OPPORTUNITY
- UNIQUE MIXED USE OPPORTUNITY
Executive Summary
REDUCED TO $4,500,000! - BRING OFFERS! We are proud to present 7301 -05 Melrose Avenue & 705 N Poinsettia Pl for sale. This Property is centrally located at the NWC of Melrose Avenue and Poinsettia Pl, in the heart of the Melrose Avenue retail , restaurant, and cafe section between La Brea Avenue and Fairfax Avenue.
The Property consists of two stories fronting on Melrose Avenue, a small detach building fronting on N Poinsettia, and parking in the rear.
The ground floor is comprised of three retail tenants and the second floor are four 1 BDR 1Bath residential units.
This Property is an excellent re-positioning and value add opportunity.
Please call Chris Mara at (310) 927-5865 to discuss.
The Property consists of two stories fronting on Melrose Avenue, a small detach building fronting on N Poinsettia, and parking in the rear.
The ground floor is comprised of three retail tenants and the second floor are four 1 BDR 1Bath residential units.
This Property is an excellent re-positioning and value add opportunity.
Please call Chris Mara at (310) 927-5865 to discuss.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,587 SF
Building Class
C
Year Built
1925
Price
$4,500,000
Price Per SF
$683.16
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.12 AC
Zoning
LAC4 - Commercial
Frontage
113’ on North Poinsettia Place
Property Taxes
| Parcel Number | 5526-008-025 | Improvements Assessment | $1,396,627 |
| Land Assessment | $3,011,898 | Total Assessment | $4,408,525 |
Property Taxes
Parcel Number
5526-008-025
Land Assessment
$3,011,898
Improvements Assessment
$1,396,627
Total Assessment
$4,408,525
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