Listing Agency: Stafford Commercial Real Estate

Listed By: Chris Spirito · License #CA 01474435

Source: Crexi

Added: Sep 18 Changed: Oct 10 Last Checked: Oct 16 at 8:33AM

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Investment Insights

Based on property information with market context.

This mixed-use property is located at 6051-6063 Melrose Avenue in Los Angeles, California.

Key Highlights

• 6051‑6063 Melrose Avenue, Los Angeles, CA 90038

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Butcher Grocery & Convenience Store Tanning Salon Nursing Home

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

Location Intelligence

Trade Area within ½ mile

3,569

Businesses Nearby

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

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

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The property is located on Melrose Avenue in Los Angeles.

Where is this mixed-use property located?

The property is located at 6051-6063 Melrose Avenue Los Angeles, CA.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: 6051‑6063 Melrose Avenue, Los Angeles, CA 90038