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    8435 Melrose Ave West Hollywood, CA

    For Sale
    $16,995,000

    Free-standing retail property on Melrose Place corridor.

    Property size:
    2,370 SF
    Lot size:
    0.07 Acres

    Property Features for 8435 Melrose Ave

    General Information

    Size
    2,370 SF
    Lot size
    0.07 Acres

    Source: Carolwood Estates Agent Chris Mara

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

    Overview

    Melrose Avenue Retail Opportunity

    This free-standing retail property presents a flagship trophy opportunity in the highly coveted Melrose Place corridor. The property offers potential for redevelopment and is suitable for an owner/user. The building has a size of 2,370 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    SoCal Wedding Florist, Olivia Ramanakavana, J'Adore Les Fleurs, Chelsea Flowers, Nicolai Bergmann Flowers & Design

    Location Insight

    • Map
    • Local Demand
    City
    West Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3315838
    Latitude
    34.0895186

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    FAQs

    What type of property is this?
    Storefront property - Free-standing retail property on Melrose Place corridor.
    Where is this storefront property located?
    The property is located at 8435 Melrose Ave West Hollywood, CA.
    What is the asking price?
    The asking price for this property is $16,995,000.
    What are key features of this property?
    This property features: - Free standing retail property; - Flagship trophy opportunity; - One of the last owner/user properties in Melrose Pl corridor
    (310) 927-5865
    Request Owner's contact information
    8435 Melrose Ave West Hollywood, CA
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    West Hollywood, CA
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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
    8435 Melrose Ave West Hollywood, CA
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