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    8476 Melrose Pl Los Angeles, CA 90069

    For Lease
    Contact for pricing

    Prime Los Angeles Retail, 1169 SF

    Lot size:
    1,169 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,169 square foot retail space is ideally situated on the coveted Melrose Place in Los Angeles, California, within Los Angeles County (zip code 90069). The property is currently vacant and offers a single-tenant occupancy opportunity. Its prime location provides unparalleled visibility and accessibility for businesses seeking a high-traffic area. The space is perfect for a variety of retail uses, and is particularly well-suited for pop-up shops or short-term lease arrangements. The building's total square footage is 1,169 square feet, all of which is available for immediate occupancy. This presents a unique chance to establish a presence in one of Los Angeles's most desirable and fashionable retail districts. The property's address is 8476 Melrose Place, Los Angeles, CA 90069. Its geographic coordinates are 34.0834822 latitude and -118.3757977 longitude. This single-tenant commercial property offers a blank canvas for a creative and successful business venture. The property type is classified as retail, and the tenancy is single. Serious inquiries are encouraged to explore this exciting opportunity. The property is categorized as commercial retail.

    Property Features for 8476 Melrose Pl

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,169 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,169 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Fabiana Milazzo Fashion Designer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3757977
    Latitude
    34.0834822

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    FAQs

    What type of property is this?
    Retail property - Prime Los Angeles Retail, 1169 SF
    Where is this retail property located?
    The property is located at 8476 Melrose Pl Los Angeles, CA.
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    Los Angeles, CA 90069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8476 Melrose Pl Los Angeles, CA 90069
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