Building Details

Year Renovated 2014

Buildings 1

Units 3

Listing Agency: Commercial Asset Group, Inc. Show Phone

Listed By: David Aschkenasy · License #CA 01714442

Source: Crexi

Added: Mar 16 Changed: Aug 8 Last Checked: Aug 29 at 8:27AM

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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 Commercial Asset Group, Inc.

Investment Insights

Based on property information with market context.

A retail building located on Melrose Avenue is available for sale. The property offers a total space of 2400 square feet, suitable for various retail purposes.

Key Highlights

• Melrose retail building for sale

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store

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

780

Businesses Nearby

Explore this area 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

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail building available for purchase on Melrose Avenue.

Where is this retail space located?

The property is located at 7965 Melrose Ave West Hollywood, CA.

What is the asking price?

The asking price for this property is $2,850,000.

What are key features of this property?

This property features: Melrose retail building for sale