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Prime Retail Space on Melrose
For Lease
$2,800/Mo

5867 Melrose Avenue, Los Angeles, CA 90038

High-exposure 600 sqft commercial space in a sought-after Los Angeles retail corridor.

Property Size600 SF
Lot Size0.14 Acres
Days on Market425

Property Features for 5867 Melrose Avenue

General Information

Standard status Active
Size 600 SF
Lot size 0.14 Acres
Property subtype Commercial

Building Details

Year Built 1924
Listing Agency: JOHNHART REAL ESTATE
Listed By: SYUZANNA HAKOBYAN · License #02126702
Source: Corcoran
Added: Jun 3, 2025 Changed: Jul 6 Last Checked: Jul 31 at 7:24AM

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 JOHNHART REAL ESTATE

Investment Insights

Based on property information with market context.

This 600 sqft commercial space is located in a sought-after retail corridor in Los Angeles. The versatile shell space provides a blank canvas for entrepreneurs looking to establish or expand their presence in a high-traffic location. Designed to maximize visibility and accessibility, the property features large display windows that invite foot traffic while allowing ample natural light to flood the interior. The open-concept layout offers flexibility for a range of uses, whether it's a boutique, gallery, creative studio, or specialty retail concept. Modern recessed lighting enhances the space, while a gated storefront ensures security without compromising curb appeal. Strategically situated in the heart of Melrose’s vibrant shopping and dining district, this location places you within walking distance of popular brands, trendy cafes, and a steady stream of shoppers. The surrounding area is a dynamic hub known for its fashion, art, and culture, making it an ideal setting to attract a stylish and engaged customer base. With easy access to major streets and public transportation, this space offers convenience for both business owners and clientele alike.

Key Highlights

  • Prime location in a high‑traffic retail corridor of Melrose's shopping and dining district.
  • 600 sqft versatile shell space, a blank canvas for various business types.
  • High exposure with large display windows for maximum visibility and natural light.

Property Analytics

Current Use

Aarón's Refinishing Renovation Specialist

Suggested Use

Top Pick Garden Center Nursing Home Accounting Firm 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
$8.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,110
Businesses Nearby

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

$30.66 /SF/Yr
Avg Asking Price
$5.45–$67.98 /SF/Yr
Price Range
2,317 SF
Avg Space Size

This space is priced 83% above the average of $30.66 /SF/Yr.

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?
Retail space - High-exposure 600 sqft commercial space in a sought-after Los Angeles retail corridor.
Where is this retail space located?
The property is located at 5867 Melrose Avenue Los Angeles, CA.
What is the lease rate?
The lease rate is $2,800 /Mo.
What are key features of this property?
This property features: Prime location in a high‑traffic retail corridor of Melrose's shopping and dining district.; 600 sqft versatile shell space, a blank canvas for various business types.; High exposure with large display windows for maximum visibility and natural light.
More about this property
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