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 9 Last Checked: Aug 19 at 5:04AM

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Investment Insights

Based on property information with market context.

This 2542-square-foot property is suitable for restaurant or retail use and is located on the hard corner of Melrose and Highland.

Key Highlights

• Hard Corner Location
• Melrose Avenue Address
• Highland Avenue Address

Property Analytics

Property Profile

Current Use

Restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Mobile Phone Store Nursing Home Restaurant Tanning Salon

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

3,441

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

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 restaurants located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• As You Like It Catering — 6500 Barton Ave, Los Angeles, CA 90038
• Dhuwan Hookah Catering — 7384 Melrose Ave, Los Angeles, CA 90046
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Frequently Asked Questions

What type of property is this?

Restaurant - Corner retail or restaurant space available on Melrose and Highland.

Where is this restaurant located?

The property is located at 700 North Highland Avenue Los Angeles, CA.

What are key features of this property?

This property features: Hard Corner Location; Melrose Avenue Address; Highland Avenue Address