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Investment Highlights

  • Heavy Daytime Foot Traffic
  • Prime COrner

Executive Summary

Ideally positioned in the heart of the Melrose retail district, the property enjoys
exceptional foot traffic and street visibility. Melrose Avenue is famed for its vibrant mix
of fashion boutiques, trendsetting restaurants, and entertainment destinations, drawing
both locals and tourists year-round. The area is anchored by high-end retailers and popular
brands, adding to the area’s lively and constantly changing retail scene.
The property comprises approximately 8,100 square feet of building area across eight
units (five along Melrose, three along Fuller) on an 11,000 square foot LAC4-zoned lot.
Originally built in 1939, the site includes six tandem parking lanes with capacity for 12
vehicles.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,100 SF
Building Class
C
Year Built
1939
Price
$5,495,000
Price Per SF
$678.40
Cap Rate
7%
NOI
$384,696
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.72
Lot Size
0.26 AC
Zoning
C-4 - Commercial
Parking
14 Spaces (1.48 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Builtworks Los Angeles
  • Construction
  • -
  • -
  • -
  • Cottino Design Llc
  • Services
  • -
  • -
  • -
  • Decor Fabric Solutions
  • Services
  • -
  • -
  • -
  • Grandeur Envisions Llc
  • Public Administration
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

JapanLA is a unique retail shop that caters to adults who love “kawaii” or “cute” character goods. We carry toys, gifts, apparel, accessories, art, and more, all inspired by Japanese and Los Angeles Pop Culture. Jamie Rivadeneira started the store, in 2006. Many items are imported from Japan! JapanLA is a clothing brand! We manufacture official licensed clothing from brands like Sanrio, San-X, tokidoki, and Artist collaborations. There is a gallery space in the back of the store, showcasing the best in cute art from all over the world. We also feature special Pop-Up shops with local brands and brands from Japan. JapanLA is a lifestyle brand. We curate theme parties and art shows, including the most recent Hello Kitty Exhibition Art Show, at the Japanese American National Museum, in L.A.

  • La Mail Center
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • La Video Games
  • Retailer
  • -
  • -
  • -
  • Mademoiselle Nail Spa
  • Services
  • -
  • -
  • -
  • Melrose Vintage LLC
  • Public Administration
  • -
  • -
  • -
  • Round Two Hollywood LLC
  • Public Administration
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Builtworks Los Angeles Construction - - -
Cottino Design Llc Services - - -
Decor Fabric Solutions Services - - -
Grandeur Envisions Llc Public Administration - - -
Retailer - - -
La Mail Center Professional, Scientific, and Technical Services - - -
La Video Games Retailer - - -
Mademoiselle Nail Spa Services - - -
Melrose Vintage LLC Public Administration - - -
Round Two Hollywood LLC Public Administration - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 7320.5
  • 1,752 SF
  • Retail
  • -
  • Now

Prime Melrose Avenue retail opportunity at 7230 1/2 Melrose Ave, Los Angeles, CA 90046, offering a clean, open layout ideal for boutique retail, showroom, wellness, studio, or service-based concepts seeking a strong presence in one of LA’s most recognized shopping corridors. The space is bright and welcoming with wood-style flooring, a long rectangular footprint that’s easy to merchandize, and a built-in front counter / reception area that can function perfectly for checkout. Featuring high ceilings with exposed beams and open truss framing, multiple modern industrial pendant lights, and an exposed ceiling aesthetic, the space delivers a creative, loft-like feel while remaining highly functional. Additional amenities include Central HVAC, private restrooms, and attic storage space, making this a polished and flexible option for tenants looking for a move-in ready retail space on Melrose.

Space Size Space Use Position Available
7320.5 1,752 SF Retail - Now

7320.5

Size
1,752 SF
Space Use
Retail
Position
-
Available
Now

7320.5

Size 1,752 SF
Space Use Retail
Position -
Available Now

Prime Melrose Avenue retail opportunity at 7230 1/2 Melrose Ave, Los Angeles, CA 90046, offering a clean, open layout ideal for boutique retail, showroom, wellness, studio, or service-based concepts seeking a strong presence in one of LA’s most recognized shopping corridors. The space is bright and welcoming with wood-style flooring, a long rectangular footprint that’s easy to merchandize, and a built-in front counter / reception area that can function perfectly for checkout. Featuring high ceilings with exposed beams and open truss framing, multiple modern industrial pendant lights, and an exposed ceiling aesthetic, the space delivers a creative, loft-like feel while remaining highly functional. Additional amenities include Central HVAC, private restrooms, and attic storage space, making this a polished and flexible option for tenants looking for a move-in ready retail space on Melrose.

Very walkable
80/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100

Nearby Major Retailers

Orangetheory Fitness
Starbucks
Sprouts Farmers Market
Wells Fargo Bank
U.S. Bank
Trader Joe's
Smart & Final
Club Pilates
Chase Bank
Bank of America

Property Taxes

Property Taxes

Parcel Number
5526-021-026
Land Assessment
$220,872
Improvements Assessment
$36,988
Total Assessment
$257,860
  • Listing ID: 41090318

  • Date on Market: 6/28/2026

  • Last Updated:

  • Address: 7320-7326 Melrose Ave, Los Angeles, CA 90046

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