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    8371 Melrose Ave Los Angeles, CA 90069

    Sponsored
    For Lease
    $81 SF/Yr

    Prime Los Angeles showroom, 2885 sq ft.

    Lot size:
    2,885 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,885-square-foot retail showroom space at 8371 Melrose Avenue in Los Angeles, California, presents a unique opportunity. Located in Los Angeles County, zip code 90069, this single-tenant property boasts a highly desirable location adjacent to the renowned Melrose Place and just east of La Cienega Boulevard. The property features an all-glass facade, maximizing natural light and showcasing the interior. High ceilings and a clear span layout provide exceptional flexibility for a variety of retail uses, including showrooms or galleries. The property benefits from a strong and growing neighborhood, with nearby high-profile tenants such as Adidas and Casper, and several new restaurants slated to open soon. This prime location offers excellent visibility and accessibility, making it an ideal space for a discerning business seeking a prominent presence on one of Los Angeles' most sought-after retail streets. The property is currently occupied, so please refrain from disturbing the tenant. Interested parties should contact the designated representative to schedule a viewing.

    Property Features for 8371 Melrose Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,885 SF

    Unit(s) available at that property

    Space
    Size
    2,885 SF
    Rate per SF
    $81

    HighLights

    • 2,885 SF retail showroom at 8371 Melrose Ave, Los Angeles, CA 90069.
    • Located near Melrose Place and La Cienega Blvd.
    • Features an all‑glass facade, high ceilings, and a clear span layout.
    • Strong location with nearby high‑profile tenants and new restaurants.
    • Excellent visibility and accessibility on a prime retail street.
    • Currently occupied; contact broker for showings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bisazza Los Angeles ... Tile Contractor Fooji Storefront - Los ... Internet Marketing Service Christopher Guy West ... Furniture Maker

    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
    -118.372539
    Latitude
    34.083805

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    FAQs

    What type of property is this?
    Individual retail property - Prime Los Angeles showroom, 2885 sq ft.
    Where is this individual retail property located?
    The property is located at 8371 Melrose Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $81 SF/Yr.
    What are key features of this property?
    This property features: 2,885 SF retail showroom at 8371 Melrose Ave, Los Angeles, CA 90069.; Located near Melrose Place and La Cienega Blvd.; Features an all-glass facade, high ceilings, and a clear span layout.
    Request Owner's contact information
    8371 Melrose Ave Los Angeles, CA 90069
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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
    8371 Melrose Ave Los Angeles, CA 90069
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