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7301-7305 Melrose Ave

6,587 SF 70% Leased Retail Building Los Angeles, CA 90046 $4,800,000 ($729/SF)

Storefront Properties California Los Angeles 7301-7305 Melrose Ave, Los Angeles, CA 90046

Investment Highlights

  • PRIME WEST HOLLYWOOD LOCATION
  • RARE RETAIL OPPORTUNITY
  • UNIQUE MIXED USE OPPORTUNITY

Executive Summary

We are proud to present 7301 -05 Melrose Avenue & 705 N Poinsettia Pl for sale. This Property is centrally located at the NWC of Melrose Avenue and Poinsettia Pl, in the heart of the Melrose Avenue retail , restaurant, and cafe section between La Brea Avenue and Fairfax Avenue.
The Property consists of two stories fronting on Melrose Avenue, a small detach building fronting on N Poinsettia, and parking in the rear.
The ground floor is comprised of three retail tenants and the second floor are four 1 BDR 1Bath residential units.
This Property is an excellent re-positioning and value add opportunity.
Please call Chris Mara at (310) 927-5865 to discuss.

Attachments

COM_7301-7305 Melrose Avenue & 705 N Poinsettia Pl_OM_071224_proof

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,587 SF
Building Class
C
Year Built
1925
Price
$4,800,000
Price Per SF
$729
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.12 AC
Zoning
LAC4 - Commercial
Parking
0.76 Spaces per 1,000 SF Leased
Frontage
113 FT on North Poinsettia Place

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,200 SF
  • Retail
  • In-Line
  • Now
  • 1st Floor
  • 780 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
1st Floor 1,200 SF Retail In-Line Now
1st Floor 780 SF Retail In-Line Now

1st Floor

Size
1,200 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
780 SF
Space Use
Retail
Position
In-Line
Available
Now
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Walk Score®
Walker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Starbucks
U.S. Bank
Sprouts Farmers Market
Orangetheory Fitness
Trader Joe's
Smart & Final
Club Pilates
Wells Fargo
Chase Bank
Ralphs

PROPERTY TAXES

Parcel Number 5526-008-025 Improvements Assessment $1,369,243
Land Assessment $2,952,842 Total Assessment $4,322,085

PROPERTY TAXES

Parcel Number
5526-008-025
Land Assessment
$2,952,842
Improvements Assessment
$1,369,243
Total Assessment
$4,322,085
(310) 927-5865

Contact

  • Listing ID: 27150931

  • Date on Market: 11/18/2022

  • Last Updated:

  • Address: 7301-7305 Melrose Ave, Los Angeles, CA 90046

More public record information on 7301-7305 Melrose Ave, Los Angeles, CA 90046

The Retail Property at 7301-7305 Melrose Ave, Los Angeles, CA 90046 is currently available for sale. Contact Carolwood for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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7301-7305 Melrose Ave
(310) 927-5865 x

7301-7305 Melrose Ave

Chris Mara

(310) 927-5865

(310) 927-5865

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