7619-7621 Melrose Ave - Storefront Retail/Office FOR SALE


Los Angeles, CA 90046- Melrose
$5,000,000 USD
310-740-4029
7619-7621 Melrose Ave, Los Angeles, CA for Sale
$5,000,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | Request Cap Rate

7619-7621 Melrose Ave
Los Angeles, CA 90046
Melrose


HIGHLIGHTS

  • Fully Leased, Income-Producing Property With Five Tenants Across Two Levels
  • Located Directly on Melrose Avenue, a High-Visibility Retail Hub in Los Angeles
  • Each Unit Separately Metered for Electricity; Includes Eight Dedicated Parking Spaces
  • Excellent Signage Potential With Approximately 82 Feet of Frontage Along Melrose
  • Surrounded by Popular Retailers, Restaurants, and Nightlife Destinations
  • Easy Access to Major Los Angeles Neighborhoods, Thoroughfares, and Transit Options

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$1,042 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,474 SF

ZONING

C4

APN/PARCEL ID

5526-014-022

ASK ABOUT THIS PROPERTY

Roger PerryRodeo Realty IncMore Info
310-740-4029

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

Roger PerryRodeo Realty IncMore Info
310-740-4029

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