8262 Melrose Ave 2,300 SF 100% Leased Retail Building Los Angeles, CA 90046 $3,250,000 ($1,413.04/SF)

8262 Melrose Avenue is a premier mixed-use asset that presents a rare opportunity for an owner-user or investor to acquire a high-visibility property on one of Los Angeles’ major retail commercial corridors. The property features a retail showroom with prominent street frontage, delivered vacant for immediate occupancy or retenanting. Positioned in the rear is a detached, four-unit multifamily building providing immediate, stable cash flow to offset carrying costs. Adding significant value to this transaction, THE SELLER IS CARRYING FINANCING FOR A QUALIFIED BUYERS AT 6% INTEREST FOR 10 UPTO YEARS, in a challenging lending environment.
The property benefits from an exceptional location adjacent to PAUL SMITH and CROSSROADS RESTAURANT, high foot traffic, strong demographics, and proximity to the region’s premier shopping, dining, and design districts. The immediate submarket is anchored by a mix of high end fashion flagships, luxury design showrooms, and acclaimed culinary institutions in close proximity to the scheduled re-opeing of FRED SEGAL's MELROSE , COMMUNITY GOODS, GEMINI G.E.L gallery, KAITE, and Cult Gaia.
Please call Chris Mara at 310.927.5865 to discuss.