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Well-Located Melrose Retail + Parking 7365 Melrose Ave 2,960 sq ft 45% Let Retail Property Los Angeles, CA 90046 £1,759,709 (£594.50/sq ft)
INVESTMENT HIGHLIGHTS
- Heavy Daytime Foot Traffic
- Investment or Owner User
- Recently Upgraded Property
- Secure Rear Parking
- Excellent Co-Tenancy
EXECUTIVE SUMMARY
Melrose Avenue’s highly trafficked streets are home to so many iconic businesses. This Two (2) Tenant retail store-front is an excellent opportunity to join the action on one of Los Angeles’ most desirable streets. Nearby tenants include Pink’s Hot Dogs, Osteria Mozza, Wasteland, Brooklyn Projects, Playground LA, and so much more!
Furthermore, the entrances and exits are ADA Compliant and the roof has undergone recent improvements and is still under warranty.
Property Details:
Unit 1: +/- 1,450 SF + Additional Space
Unit 2: +/- 1,450 SF
Total SF: +/- 3,660 SF
*Contact CBRE for more information. Do not disturb occupants*
Furthermore, the entrances and exits are ADA Compliant and the roof has undergone recent improvements and is still under warranty.
Property Details:
Unit 1: +/- 1,450 SF + Additional Space
Unit 2: +/- 1,450 SF
Total SF: +/- 3,660 SF
*Contact CBRE for more information. Do not disturb occupants*
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
2,960 sq ft
Costar Property Class
B
Year Built
1929
Price
£1,759,709
Price per sq ft
£594.50
Occupancy Rate
45%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.68
Total Plot Size
0.10 ac
Use Class
LAC4 - Commercial
Parking
4 Spaces (1.35 Spaces per 1,000 sq ft Leased)
Frontage
40 ft on Melrose
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
- 7365
- 1,638 sq ft
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 7365 | 1,638 sq ft | Retail | - | Now |
7365
| Size |
| 1,638 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Excellent pedestrian access (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5526-009-003 | Improvements Assessment | £140,371 |
| Land Assessment | £697,017 | Total Assessment | £837,388 |
PROPERTY TAXES
Parcel Number
5526-009-003
Land Assessment
£697,017
Improvements Assessment
£140,371
Total Assessment
£837,388
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Well-Located Melrose Retail + Parking | 7365 Melrose Ave
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