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8214-8216 Melrose Ave

5,118 SF 100% Leased Retail Building Los Angeles, CA 90046 $4,950,000 ($967.17/SF)

Storefront Properties California Los Angeles 8214-8216 Melrose Ave, Los Angeles, CA 90046

EXECUTIVE SUMMARY

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.

ATTACHMENTS

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
C
Year Built
1930
Price
$4,950,000
Price Per SF
$967.17
Percent Leased
100%
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’ on Melrose

AMENITIES

  • Bus Line
  • Signage
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Walk Score®
Walker's Paradise (92)
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NEARBY MAJOR RETAILERS

Bank of America
CrossFit
Blue Bottle Coffee
Wolfgang Puck
Gelson's Market
IHOP
Barry's
Starbucks
Whole Foods
Five Guys

PROPERTY TAXES

Parcel Number 5528-012-002 Improvements Assessment $780,861
Land Assessment $4,885,972 Total Assessment $5,666,833

PROPERTY TAXES

Parcel Number
5528-012-002
Land Assessment
$4,885,972
Improvements Assessment
$780,861
Total Assessment
$5,666,833
(310) 927-5865

CONTACT

  • Listing ID: 33313709

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 8214-8216 Melrose Ave, Los Angeles, CA 90046

More public record information on 8214-8216 Melrose Ave, Los Angeles, CA 90046

The Melrose Retail Property at 8214-8216 Melrose Ave, Los Angeles, CA 90046 is currently available. Contact Carolwood for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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8214-8216 Melrose Ave
(310) 927-5865 x

8214-8216 Melrose Ave

Chris Mara

(310) 927-5865

(310) 927-5865

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