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Two-Level Retail Storefront
For Sale
$5,000,000

7619 Melrose Avenue, Los Angeles, CA 90046

Five tenants occupy the building, with separate electric meters for each unit.

Property Size4,800 SF
Price / SF$1,041
Days on Market210

Property Features for 7619 Melrose Avenue

General Information

Standard status Active
Size 4,800 SF
Total Parking Spaces 8
Property subtype COMMERCIAL
Occupancy 100%

Site & Location

Neighborhood Fairfax

Additional Details

Tenant in Place Yes

Building Details

Building Size 4,800 SF
Year Built 1947
Stories 2
Tenancy Multi
Listing Agency: Rodeo Realty
Listed By: Roger Perry · License #01882885
Source: Brillarealestate
Added: Apr 1 Changed: Oct 26 Last Checked: Oct 26 at 3:24PM

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 Rodeo Realty

Rey
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Investment Insights

Based on property information with market context.

This 4,800-square-foot retail storefront at 7619 Melrose Avenue has two levels and was built in 1947. The fully leased property is divided among five tenants, with each unit separately metered for electricity. Eight parking spaces are located behind the building.

The property sits on Melrose Avenue in Los Angeles, amid nearby retailers, restaurants, and nightlife destinations.

Key Highlights

  • Five tenants across two levels
  • 4,800 square feet; built in 1947
  • Separate electric meters for each unit

Property Analytics

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Open Analytics

Current Use

Queen Virgin Remy ... Cosmetic Store Hollywood Glamorous Cosmetic Store Rebel Rebel Hollywood Clothing & Fashion Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Butcher Clothing & Fashion Store Restaurant Supermarket

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,198
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Storefront property - Five tenants occupy the building, with separate electric meters for each unit.
Where is this storefront property located?
The property is located at 7619 Melrose Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Five tenants across two levels; 4,800 square feet; built in 1947; Separate electric meters for each unit
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