Commercial
New
For Lease
$2,500/Mo
5867 Melrose Avenue 5867, Los Angeles, CA 90038
Built in 1924, the property occupies an established commercial corridor near retail and service businesses.
Space SizeContact for details
Property Size600 SF
Days on Market5
Property Features for 5867 Melrose Avenue 5867
General Information
Standard status
Active
Size
600 SF
Property subtype
COMMERCIAL
Additional Details
Available From
Immediate
Building Details
Building Size
600 SF
Year Built
1924
Listing Agency:
Century 21 Hollywood
Listed By:
Paul Barbosa · License #01435896
(323) 533-6155
Source:
Archetyperealty
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 3:20PM
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.
This commercial storefront dates to 1924 and is positioned in an established business corridor. The surrounding area includes grocery stores, restaurants, acting schools, and other commercial operators, with these businesses within walking distance.
The property is near the boundary of Hollywood and Hancock Park. The listing reports 35,000–40,000 daily commuters in the area. Metered parking is available directly in front, with additional street parking on nearby blocks.
The property is near the boundary of Hollywood and Hancock Park. The listing reports 35,000–40,000 daily commuters in the area. Metered parking is available directly in front, with additional street parking on nearby blocks.
Key Highlights
- Built in 1924
- Reported daily commuter volume of 35,000–40,000
- Metered parking directly in front, with street parking on surrounding blocks
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,175
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$32.71 /SF/Yr
Avg Asking Price
$2.72–$95.4 /SF/Yr
Price Range
4,262 SF
Avg Space Size
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Storefront property - Built in 1924, the property occupies an established commercial corridor near retail and service businesses.
Where is this storefront property located?
The property is located at 5867 Melrose Avenue 5867 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: Built in 1924; Reported daily commuter volume of 35,000–40,000; Metered parking directly in front, with street parking on surrounding blocks
