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Off Market
1/9

7228 Melrose Ave
Los Angeles, CA 90046


OVERVIEW

CityStreet Commercial is pleased to present 7228 Melrose Ave. to the Los Angeles market for the first time in 30 years. This 2nd gen restaurant sits along the popular stretch of Melrose Ave. The area is a popular destination for locals and tourists alike with high foot traffic and an amazing demographic and mix of single-family homes. Neighboring tenants include Bludso’s BBQ. Pink’s Hot Dogs, Blue Jam Cafe, Milk Bar, Meteora, Osteria Mozza, Petit Trois and many more. • Asking Price (Business Assets): $325,000 • Appx 2,226 SF + Patio • Lease Rate: Appx $9,367.85/Mo + NNN • Lease Expires: April 2027 + (2) Two (3) Three-year options • All FF&E Included in Sale • Private Parking Lot in Rear (Totaling Appx 8 Spaces) • Type-47 Liquor License • Hours of Operation: 12 am, 7 Days a Week

FOR LEASE DETAILS

PRICE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Frankie's on Melrose

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

6226

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

5525-014-006