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8214-8216 Melrose Ave

5,118 SF Vacant Retail Building Los Angeles, CA 90046 $4,950,000 ($967/SF)

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Executive Summary

SELLERS WANTS TO SELL IN 2024!!- Incredible two story Art-Deco "gem" with ground floor retail/showroom opportunity to purchase as an owner/user or reposition and lease out as an investment.. The ground floor space is approx. 2,500 sf of ground floor retail/showroom (possible to sub-divided into two 1,250 square foot spaces), features high ceilings, natural lighting, designer showroom windows, parking in the rear, and excellent identity/signage. The second floor is showroom and offices. This Property is centrally located in the 8200 block of Melrose, adjacent to world renowned Paul Smith, the Improv Club, and Crossroads restaurant. This space is ideally suited for a "flagship/branding" opportunity. Please do not disturb current occupant. Please call Chris Mara to discuss or to arrange a tour at 310.927. 5865.

COM_8214 MelroseAve_OM_123024

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront

Building Size

5,118 SF

Building Class

Year Built

1930

Price

$4,950,000

Price Per SF

$967

Percent Leased

Vacant

Tenancy

Multiple

Building Height

2 Stories

Building FAR

1.17

Lot Size

0.10 AC

Zoning

C-4

Parking

8 Spaces (1.17 Spaces per 1,000 SF Leased)

Frontage

46 FT on Melrose

Amenities

Bus Line

Signage

Space Availability

1st Floor
1,250-5,118 SF
Retail
In-Line
Now

8214 - 8216 Melrose Avenue offers a prime opportunity for a retail or office space centrally located between La Cienega Blvd and Crescent Heights Blvd. This iconic Art Deco building features a ground floor retail/showroom area of approximately 2,500 square feet, which can be subdivided into two 1,250 square foot units. The space has high ceilings, abundant natural light, designer showroom windows, and convenient rear parking. The second floor space is currently configured as a mostly open showroom, but can be used as creative offices. Neighboring tenants include Paul Smith, the Improv Club, and Crossroads restaurant, making this an excellent owner/user or investment property for the Buyer or Tenant seeking a high-visibility presence in one of Los Angeles' most vibrant and exclusive neighborhoods. Please do not disturb the current occupant. Please call Chris Mara to discuss or to arrange a tour at 310.927.5865.