Melrose Avenue Development
7100 Melrose Ave, Los Angeles, CA 90046
For Sale
Contact for pricing
15,987 SF development site in prime Melrose/Fairfax location.
Property SizeContact for details
Lot Size0.37 Acres
Days on Market241
Property Features for 7100 Melrose Ave
General Information
Standard status
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Listing Agency:
Boyett Team
Listed By:
Shaun Nestor · License CA #02071612
(818) 212-2774
Source:
Crexi
Added: Mar 20
Changed: Oct 31
Last Checked: Nov 14 at 4:59AM
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 Boyett Team
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Investment Insights
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Located at 7100-7110 Melrose Avenue in Los Angeles, California, this 15,987 SF development site is suitable for multifamily, commercial, or mixed-use projects. Situated in a prime Melrose/Fairfax location, south of Melrose Avenue and west of N La Brea Avenue, the signalized corner lot consists of two contiguous parcels. The zoning is [Q]C2-1XL-CPIO, allowing for strong feasibility for multifamily and mixed-use development. The area features trendy and upscale tenants, including Voodoo Donuts, Orangetheory Fitness, Pink’s Hot Dogs, Tatsu Ramen, and Meteora. Density upside is available utilizing MIIP under the OC-3 designation or AHIP for unlimited density, up to a 4.8:1 FAR. The property is in a TCAC Highest Resource area as a HUD designated DDA, potentially opening the path for LIHTC funding. Located within 0.5 miles of a major transit stop, the site allows for the elimination of minimum residential parking requirements under AB 2097. This property is located in the 90046 zip code.
Key Highlights
- 15,987 SF development site in a prime Melrose/Fairfax location.
- Zoned [Q]C2‑1XL‑CPIO with strong feasibility for multifamily and mixed‑use development.
- Major density upside utilizing MIIP (OC‑3) or AHIP for unlimited density, up to a 4.8:1 FAR.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
3,350
Businesses Nearby
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Business Placement
Demographics for 90046, CA
49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Commercial land - 15,987 SF development site in prime Melrose/Fairfax location.
Where is this commercial land located?
The property is located at 7100 Melrose Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 15,987 SF development site in a prime Melrose/Fairfax location.; Zoned [Q]C2‑1XL‑CPIO with strong feasibility for multifamily and mixed‑use development.; Major density upside utilizing MIIP (OC‑3) or AHIP for unlimited density, up to a 4.8:1 FAR.
