7974 Melrose Ave Los Angeles, CA
Mixed-use retail building with residential and retail spaces available.
Property Features for 7974 Melrose Ave
General Information
- Standard status
- Active
- Size
- 6,943 SF
- Lot size
- 0.13 Acres
- Property subtype
- RETAIL
Listing office Carolwood Estates (310) 927-5865
Listing date Oct 20, 2025
Source Moodyscre
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 Carolwood Estates
Investment Insights
Based on property information with market context.
Key Highlights
- Mixed use retail building
- Residential and retail
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $256.6k | $36.96 |
| − Vacancy | −$26.4k | −$3.81 |
| EGI | $230.2k | $33.15 |
| − OpEx | −$69.1k | −$9.95 |
| NOI | $161.1k | $23.21 |
