We are pleased to present a prime investment or owner-user opportunity located at 7661-7663 Melrose Avenue. Situated just steps from the iconic intersection of Melrose and Fairfax, this ±7,316 SF retail/office property sits in the pulse of one of Los Angeles' most vibrant shopping districts. The property offers a rare "best of both worlds" scenario: immediate stability from a high-end ground-floor tenant and significant value-add potential on the second floor. Investment Highlights: Prime Location: High-foot-traffic area near Fairfax High School, Blu Jam Cafe, and Urban Outfitters. Anchor Tenant: Ground floor features THEIA Mediterranean Restaurant & Bar, a newly renovated, long-term tenant providing immediate cash flow. Value-Add Potential: The vacant 2nd floor is ideal for an owner-user or a secondary lease to maximize ROI. Convenience: Secured on-site parking at the rear, a rare amenity in this corridor.