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556-560 N Western Ave
1,992 SF of Retail Space Available in Los Angeles, CA 90004
Highlights
- Located in the heart of Melrose Hill's which is quickly becoming Los Angeles's newest hotspot
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste B | 1,992 SF | 11’ | 5-10 Years | $57.00 /SF/YR $4.75 /SF/MO $613.54 /m²/YR $51.13 /m²/MO $9,462 /MO $113,544 /YR | Modified Gross |
1st Floor, Ste B
Located in the heart of LA’s newest hotspot for food and art, there is a retail space available in the Melrose Hills neighborhood. This space offers approximately 1900 ft. of prime retail space facing Western Avenue. It is conveniently located across the street from the new 15,000 sq. ft. David Zwirner art gallery scheduled to open in 2024. The space is situated at the corner of Western and Clinton Street, which is one block south of Melrose Avenue and three blocks north of Beverly Boulevard. Its location is highly convenient, as it is near the 101 Freeway, Paramount Studios, Melrose Avenue, Sunset Boulevard, and the vibrant Larchmont Village. Some of the new restaurants found in the nearby area are Café Telegrama, Era Ki Lord, Ggiata, and Le Coupe with many more restaurants, retail, and art galleries to come shortly. For more information about the space or to schedule a walkthrough please contact
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Central Air Conditioning
- Private Restrooms
- Exposed Ceiling
- After Hours HVAC Available
- Finished Ceilings: 11’
- Display Window
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 556-560 N Western Ave , Los Angeles, CA 90004
| Property Type | Retail | Gross Leasable Area | 10,500 SF |
| Property Subtype | Restaurant | Year Built | 1911 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 10,500 SF |
| Year Built | 1911 |
About the Property
Located in the heart of LA’s newest and top hotspot and #26 on the list of the world's coolest neighborhoods as reported by TimeOut https://www.timeout.com/los-angeles/news/this-l-a-neighborhood-was-voted-one-of-the-worlds-coolest-092724 This Melrose Hills neighborhood building has space available. It offers approximately 1992 ft. of prime space facing Western Avenue. It is conveniently located across the street from the new 15,000 sq. ft. David Zwirner art gallery, scheduled to open in 2024. The space is situated at the corner of Western and Clinton Street, which is one block south of Melrose Avenue and three blocks north of Beverly Boulevard. Its location is highly convenient, as it is near the 101 Freeway, Paramount Studios, Melrose Avenue, Sunset Boulevard, and the vibrant Larchmont Village. Some of the new restaurants found in the nearby area are Café Telegrama, Era Ki Lord, Ggiata, and Le Coupe with many more restaurants, retail, and art galleries to come shortly. For more information about the space or to schedule a walkthrough please contact us at 213 925-3510.
- Bus Line
- Corner Lot
- Courtyard
- Fenced Lot
- Food Court
- Property Manager on Site
- Restaurant
- Tenant Controlled HVAC
- Storage Space
Nearby Major Retailers
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Rick Ugalde - Signal Hill Development
Presented by
Signal Hill Development
556-560 N Western Ave
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