Listing Agency: CBRE - West LA r***@cbre.com Show Phone

Listed By: Ryan Gurman · License #01972081 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 10 Last Checked: Aug 12 at 9:18AM

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Investment Insights

Based on property information with market context.

Available for lease are two retail spaces, offering approximately 1,055 square feet and 1,125 square feet respectively. These spaces can be combined to create a contiguous area of approximately 2,180 square feet. The property is situated in the Melrose Hill and East Hollywood area.

Key Highlights

• Contiguous space of ±2,180 SF available.
• Two spaces available: ±1,055 SF and ±1,125 SF.
• Located in Melrose Hill & East Hollywood.

Property Analytics

Property Profile

Current Use

Nails & spa Flor ... Nail Salon Nailssby_kimm Nail Salon Skin Garden Medical Clinic La Vida Melrose Apartment Building MR.STYLES Clothing Store

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic Kitchen & Bath Showroom 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

Explore this area Business Placement

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

Market

Lease Benchmarks for Los Angeles, CA

$32.1 /SF/Yr

Avg Asking Price

$5.45–$67.98 /SF/Yr

Price Range

7,617 SF

Avg Space Size

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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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail spaces available in Melrose Hill & East Hollywood.

Where is this retail space located?

The property is located at 4864 Melrose Avenue Los Angeles, CA.

What are key features of this property?

This property features: Contiguous space of ±2,180 SF available.; Two spaces available: ±1,055 SF and ±1,125 SF.; Located in Melrose Hill & East Hollywood.