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Commercial Storefront
For Lease
$2,500/Mo

5867-5867 Melrose Ave, Los Angeles, CA 90038

Metered parking is available directly outside, with additional street parking on surrounding blocks.

Space SizeContact for details
Days on Market15

Property Features for 5867-5867 Melrose Ave

General Information

Standard status Active

Additional Details

Available From Immediate
Listing Agency: Century 21 Hollywood
Listed By: Paul Barbosa · License #01435896
Source: Exprealty
Added: Sep 23 Changed: Oct 7 Last Checked: Oct 5 at 10:45PM

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 Century 21 Hollywood

Investment Insights

Based on property information with market context.

Storefront commercial space at 5867 Melrose Ave is available for rent. Metered parking is positioned in front of the property, and street parking is available on nearby blocks.

The site is on the Hollywood–Hancock Park border within an established commercial corridor. Nearby businesses include grocery stores, restaurants, retail outlets, and acting schools, all described as being within walking distance. The corridor serves 35,000–40,000 daily commuters.

Key Highlights

  • 35,000–40,000 daily commuters travel through the corridor
  • Metered parking directly in front, plus street parking on surrounding blocks
  • Walking distance to grocery stores, restaurants, retail businesses, and acting schools

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Garden Center Accounting Firm Nursing Home Grocery & Convenience Store Mobile Phone Store Butcher

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

3,175
Businesses Nearby
Balanced
Demand for This Use

Demographics for 90038, CA

27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$31.21 /SF/Yr
Avg Asking Price
$2.72–$95.4 /SF/Yr
Price Range
4,279 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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Metered parking is available directly outside, with additional street parking on surrounding blocks.
Where is this storefront property located?
The property is located at 5867-5867 Melrose Ave Los Angeles, CA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 35,000–40,000 daily commuters travel through the corridor; Metered parking directly in front, plus street parking on surrounding blocks; Walking distance to grocery stores, restaurants, retail businesses, and acting schools
More about this property
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