7320-7326 Melrose Ave - Storefront FOR SALE


Los Angeles, CA 90046- Melrose
$5,495,000 USD
323-658-9487
7320-7326 Melrose Ave, Los Angeles, CA for Sale
$5,495,000 USD
Storefront - FOR SALE
1/4
null | 7% Cap Rate

NEW


7320-7326 Melrose Ave
Los Angeles, CA 90046
Melrose


HIGHLIGHTS

  • Heavy Daytime Foot Traffic
  • Prime COrner

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$678 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

C-4

APN/PARCEL ID

5526-021-026

ASK ABOUT THIS PROPERTY

Julian OhayonA.J. Morgan & Co.More Info
323-658-9487

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Julian OhayonA.J. Morgan & Co.More Info
323-658-9487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.