This represents one of the final opportunities to lease or purchase an owner/user or secure a redevelopment site within the highly desirable Melrose Avenue, Melrose Pl., La Cienega Blvd. triangle. The property itself is exceptional, offering over 165 feet of frontage on Melrose Avenue plus additional frontage and exposure on Melrose Alley. The Property features impressive 18+ foot high ceilings and includes an irreplaceable courtyard/patio area with parking that fronts onto "Melrose Avenue Alley." This expansive lot size for parking and outdoor space is perfectly suited for modern, outdoor-inspired retail or dining concepts. The location is an absolute luxury and lifestyle magnet, attracting major tenants that include premier fashion and design brands like Gucci, Alexander McQueen, Bottega Veneta, Chloe, Paul Smith, and The Row, along with popular, high-end eateries like Alfred Coffee and Fig + Olive. This concentration of top-tier retailers confirms the area's status as a dynamic commercial hub with an affluent, trend-setting customer base. Furthermore, the district is undergoing significant developments, with numerous surrounding properties undergoing major renovation and new developments being built, reinforcing the long-term vitality and prestige of this corridor. Given its unique features and prime location within a constantly evolving, high-value district, this property is a standout investment or leasing opportunity.