Log In/Sign Up
Your email has been sent.
7619-7621 Melrose Ave
Los Angeles, CA 90046
Retail Property For Sale
Investment Highlights
- Fully Leased, Income-Producing Property With Five Tenants Across Two Levels
- Each Unit Separately Metered for Electricity; Includes Eight Dedicated Parking Spaces
- Surrounded by Popular Retailers, Restaurants, and Nightlife Destinations
- Located Directly on Melrose Avenue, a High-Visibility Retail Hub in Los Angeles
- Excellent Signage Potential With Approximately 82 Feet of Frontage Along Melrose
- Easy Access to Major Los Angeles Neighborhoods, Thoroughfares, and Transit Options
Executive Summary
This property offers a rare opportunity to acquire a fully leased retail building on Melrose Avenue, one of Los Angeles’ most vibrant corridors. The asset spans two stories and encompasses five separately metered units, creating stable income with multiple tenants in place. Featuring high ceilings, strong signage visibility, and eight rear parking spaces, it combines functional design with convenience for tenants and visitors alike.
Positioned among an eclectic mix of trendy retailers, restaurants, and entertainment venues, the property benefits from consistent pedestrian traffic and exposure to both local residents and regional tourists. Its prime frontage of approximately 82 feet enhances branding potential along a destination-driven retail street. For investors seeking a reliable income stream and long-term appreciation within a dynamic market, this asset stands out as an exceptional offering.
Positioned among an eclectic mix of trendy retailers, restaurants, and entertainment venues, the property benefits from consistent pedestrian traffic and exposure to both local residents and regional tourists. Its prime frontage of approximately 82 feet enhances branding potential along a destination-driven retail street. For investors seeking a reliable income stream and long-term appreciation within a dynamic market, this asset stands out as an exceptional offering.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,800 SF
Building Class
C
Year Built
1947
Price
$3,500,000
Price Per SF
$729.17
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.07
Lot Size
0.10 AC
Zoning
C4 - Commercial C2 Uses with Limitation, R4 Uses
Frontage
30’ on Melrose
Property Taxes
| Parcel Number | 5526-014-022 | Improvements Assessment | $587,200 |
| Land Assessment | $2,683,078 | Total Assessment | $3,270,278 |
Property Taxes
Parcel Number
5526-014-022
Land Assessment
$2,683,078
Improvements Assessment
$587,200
Total Assessment
$3,270,278
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
