Two-Story Mixed-Use
For Sale
Contact for pricing
7400 Melrose Avenue & 645-647 Martel Avenue, Los Angeles, CA 90046
Combines street-front retail suites with residential living spaces and a workshop in a renovated urban building.
Property Size12,838 SF
Lot Size0.20 Acres
Days on Market145
Property Features for 7400 Melrose Avenue & 645-647 Martel Avenue
General Information
Standard status
Active
Size
12,838 SF
Lot size
0.20 Acres
Property subtype
Retail, Mixed Use
Site & Location
Corner Location
Yes
Road Access
Yes
Additional Details
Multifamily Units
5
Amenities
security patrols
cleaning services
covered sunlit common area
Building Details
Year Built
1926
Buildings
1
Stories
2
Construction
masonry
Tenancy
Multi
Abandoned
No
Listing Agency:
Matthews
Listed By:
Aria Pournazarian · License #CA 01918248
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 9:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This two-story mixed-use property at 7400 Melrose Avenue and 645-647 Martel Avenue contains approximately 12,838 square feet on an approximately 8,800-square-foot parcel. The building includes five urban street-front retail units, an artist workshop, and five residential living spaces with one- and two-bedroom layouts. Constructed in 1926 and renovated over the past several years, it retains original moldings, masonry construction, French doors, and a distinctive exterior character. The residential component also includes loft-style layouts and a covered common area with natural light.
The property occupies the signalized corner of Melrose Avenue and Martel Avenue in Los Angeles, California, with frontage facing both avenues. It is located a few blocks west of La Brea Avenue and within the Melrose Business Improvement District, which provides security patrols and cleaning services.
The property occupies the signalized corner of Melrose Avenue and Martel Avenue in Los Angeles, California, with frontage facing both avenues. It is located a few blocks west of La Brea Avenue and within the Melrose Business Improvement District, which provides security patrols and cleaning services.
Key Highlights
- Approximately 12,838 square feet on an approximately 8,800‑square‑foot parcel
- Five street‑front retail units plus an artist workshop
- Five living spaces with one- and two‑bedroom layouts
Property Analytics
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,024
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 Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines street-front retail suites with residential living spaces and a workshop in a renovated urban building.
Where is this mixed-use property located?
The property is located at 7400 Melrose Avenue & 645-647 Martel Avenue Los Angeles, CA.
What are key features of this property?
This property features: Approximately 12,838 square feet on an approximately 8,800‑square‑foot parcel; Five street‑front retail units plus an artist workshop; Five living spaces with one- and two‑bedroom layouts
