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Hancock Park Plaza 5770 Melrose Ave
572 SF of Office Space Available in Los Angeles, CA 90038
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
2nd Floor, Ste 201 | 572 SF | 5 Years | $27.12 /SF/YR $2.26 /SF/MO $291.92 /m²/YR $24.33 /m²/MO $1,293 /MO $15,513 /YR | Modified Gross |
2nd Floor, Ste 201
Prime 2nd floor unit! Lots of Light, 2 Offices, and Private Restroom! All Utilities Covered! Great exposure on Melrose Ave! This is a perfect office or retail space. Minutes to Larchmont Village. On-site café and restaurants nearby within walking distance. Landlord not open to marijuana dispensaries. Please call or email broker for details or a tour!!!
- Listed rate may not include certain utilities, building services and property expenses
- 2 Private Offices
- Central Air and Heating
- Private Restrooms
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- Drop Ceilings
- Natural Light
- Hardwood Floors
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 5770 Melrose Ave , Los Angeles, CA 90038
Property Type | Retail | Year Built | 1980 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 1.85/1,000 SF |
Gross Leasable Area | 10,820 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 10,820 SF |
Year Built | 1980 |
Parking Ratio | 1.85/1,000 SF |
About the Property
Beautiful shopping center located on corner lot with great visibility and on-site customer parking spaces. The shopping center is well maintained. Tenants include dog grooming, coffee shop, nail spa, hair stylist, acupuncture and more. Hancock Park Plaza is located in a heavy traffic - high-density area. Excellent location and located near the Paramount, Sunset Gower, Technicolor, Siren, and Milk Studios. Abundant amenities nearby such as Larchmont Village, Cahuenga Corridor, Hollywood/Vine, Melrose Ave, & More.
- Bus Line
Nearby Major Retailers
Presented by
Hancock Park Plaza | 5770 Melrose Ave
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