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Prime Corner Lot for Lease
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4583 Melrose Ave, Los Angeles, CA 90029

40,500 SF corner lot available for ground lease.

Space SizeContact for details
Lot Size0.93 Acres
Days on Market162

Property Features for 4583 Melrose Ave

General Information

Standard status Active
Lot size 0.93 Acres
Property subtype Land

Building Details

Tenancy Single

Spaces For Lease

at 4583 Melrose Ave Contact us

Space 1

Type
Land
Availability
Active
Contact us
Listing Agency: Colliers - Los Angeles - Downtown, California
Listed By: James Rodriguez · License #CA 01164377
Source: Crexi
Added: Mar 7 Changed: Aug 12 Last Checked: Aug 15 at 5:41PM

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 Colliers - Los Angeles - Downtown, California

Investment Insights

Based on property information with market context.

This recently assembled 40,500 square foot corner lot is available for ground lease. The site is adjacent to the Hollywood 101 freeway and offers approximately 300 feet of frontage on Melrose Avenue and 300 feet of frontage on Normandie Avenue. Traffic counts are approximately 231,087 cars per day on the 101 Freeway and approximately 57,234 cars per day at the intersection of Melrose and Normandie Avenue.

Key Highlights

  • High Traffic Counts: Approximately 231,087 cars per day on the adjacent 101 Freeway.
  • Large Corner Lot: 40,500 SF provides ample space for development.
  • Prime Frontage: Features approximately 300 feet of frontage on both Melrose Avenue and Normandie Avenue.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Travel Agency (Bike/Boat/Book/etc) Store Tanning Salon Locksmith

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,316
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 40,500 SF corner lot available for ground lease.
Where is this commercial land located?
The property is located at 4583 Melrose Ave Los Angeles, CA.
What are key features of this property?
This property features: High Traffic Counts: Approximately 231,087 cars per day on the adjacent 101 Freeway.; Large Corner Lot: 40,500 SF provides ample space for development.; Prime Frontage: Features approximately 300 feet of frontage on both Melrose Avenue and Normandie Avenue.
(213) 532-3284 Call to check price and availability
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