Listing Agency: Urbanlime Real Estate

Listed By: Zoey Granott · License #01916786

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 10:40PM

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Investment Insights

Based on property information with market context.

The property presents a retail storefront pair offered for sale, with combined space totaling 2,400 SF. It is configured as two addresses within one consolidated offering.

The asset is located at 7612-7614 Melrose Ave in Los Angeles, CA 90046, providing frontage on Melrose Ave for retail visibility.

This offering is suited for users or investors seeking a single retail package featuring two adjacent storefront spaces in one sale.

Key Highlights

• Two combined retail spaces totaling 2,400 SF for sale
• Located on Melrose Ave

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Butcher Clothing & Fashion Store Restaurant Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,238

Businesses Nearby

Explore this area Business Placement

Demographics for 90046, CA

49,987

Population

31,929

Households

1.6

Avg Household Size

39

Median Age

63%

College-Educated

95%

High-School Grad

5.7 sq mi

ZIP Area

8,770

Density / Sq Mi

$94,259

Median Household Income

$65,607

Median Earnings

$2,204

Median Rent

$1,411,500

Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019

6.1% 2020

6% 2021

5.7% 2022

5.6% 2023

6% 2024

6.2% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Two combined retail spaces totaling 2,400 SF are offered for sale on Melrose Ave.

Where is this retail space located?

The property is located at 7612-7614 Melrose Ave Los Angeles, CA.

What are key features of this property?

This property features: Two combined retail spaces totaling 2,400 SF for sale; Located on Melrose Ave