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    8451 Melrose Ave Los Angeles, CA 90048

    For Lease
    $11 SF/Yr ($2,667 /Mo)

    Prime retail space on Melrose Avenue with high visibility.

    Property size:
    2,910 SF
    Lot size:
    2,910 SF

    Property Features for 8451 Melrose Ave

    General Information

    Size
    2,910 SF

    Building Details

    Year built
    1992

    Source: Jared Swedelson Agent Jared Swedelson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Melrose Avenue Retail Space Available

    This property offers an opportunity to lease between 1,326 and 2,910 square feet of retail space situated along Melrose Avenue. The location features 75 feet of frontage, providing visibility and foot traffic in a shopping destination near La Cienega Boulevard and Melrose Place. The property is surrounded by brands such as Glossier, Cult Gaia, Gucci, Restoration Hardware, and A.P.C. The space features an open-concept layout, high ceilings ranging from 12 to 24 feet, and floor-to-ceiling windows, allowing for customization and ample natural light. The property also shares co-tenancy with Cucina Alba, an LA Restaurant. The space can be divided in half.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Daycare Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3750095
    Latitude
    34.0837484

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    FAQs

    What type of property is this?
    Retail space - Prime retail space on Melrose Avenue with high visibility.
    Where is this retail space located?
    The property is located at 8451 Melrose Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Melrose Avenue with **75 feet of frontage**.; - **High visibility and foot traffic** in a dynamic shopping destination.; - Surrounded by significant brands like Glossier, Gucci, and Restoration Hardware.
    (818) 742-1632
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    8451 Melrose Ave Los Angeles, CA 90048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8451 Melrose Ave Los Angeles, CA 90048
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