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    7016-7024 Melrose Ave Los Angeles, CA 90038

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    For Lease
    Contact for pricing

    Office property on Melrose Avenue, currently 100% leased.

    Lot size:
    0.78 Acres

    Property Features for 7016-7024 Melrose Ave

    General Information

    Lot size
    0.78 Acres
    Source: Moodyscre

    Listing Agent: Steve Ravan

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

    Overview

    Leased Office Space on Melrose

    The property located at 7016-7024 Melrose Ave in Los Angeles is currently 100% leased and has no current availability.
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

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

    Similar Places Nearby

    TAG LOS ANGELES, AV Planners, Sound Check Audio, My PC Guru, Xerex Network Technologies

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3435376
    Latitude
    34.0832994

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    FAQs

    What type of property is this?
    Office Property / Space - Office property on Melrose Avenue, currently 100% leased.
    Where is this office property / space located?
    The property is located at 7016-7024 Melrose Ave Los Angeles, CA.
    What are key features of this property?
    This property features: - 100% Leased: Enjoy an immediate and consistent income stream.; - No Current Availability: Indicates high tenant demand and retention.; - Well-maintained: A desirable property.
    (323) 782-1262
    Request Owner's contact information
    7016-7024 Melrose Ave Los Angeles, CA 90038
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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
    7016-7024 Melrose Ave Los Angeles, CA 90038
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