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    8626 Melrose Ave West Hollywood, CA 90069

    Sponsored
    For Lease
    Contact for pricing

    Prime Melrose Ave. Retail Opportunity

    Lot size:
    4,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,400 square foot retail space is ideally situated at 8626 Melrose Avenue in West Hollywood, California, within Los Angeles County (zip code 90069). The property is a single-tenant building, offering complete flexibility for a new occupant. The entire 4,400 square feet is currently vacant, presenting a unique opportunity for a business seeking a high-visibility location on a renowned shopping street. The building is classified as a shopping center. On-site parking is conveniently available in the rear of the building, providing ample space for customers and employees. This location benefits from high foot traffic and excellent visibility, making it an attractive proposition for a variety of retail businesses. The property's prime location on Melrose Avenue offers unparalleled access to a dense population of affluent consumers and significant tourist traffic. The address is easily accessible via major transportation routes, ensuring convenient access for both customers and staff. This is a rare opportunity to secure a prominent retail space in one of Los Angeles' most desirable neighborhoods. The property is available for lease and presents a blank canvas for a discerning tenant to create a thriving business. Interested parties are encouraged to inquire further to explore this exceptional opportunity.

    Property Features for 8626 Melrose Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,400 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,400 SF

    HighLights

    • Prime corner location at Melrose Avenue and Huntley Drive.
    • Rear parking accessible via Huntley Drive.
    • Excellent retail and restaurant adjacency.
    • Features an open floor plan with high ceilings.
    • Abundant natural light with large windows and track lighting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    West Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3809359
    Latitude
    34.0817738

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Melrose Ave. Retail Opportunity
    Where is this lifestyle center located?
    The property is located at 8626 Melrose Ave West Hollywood, CA.
    What are key features of this property?
    This property features: Prime corner location at Melrose Avenue and Huntley Drive.; Rear parking accessible via Huntley Drive.; Excellent retail and restaurant adjacency.
    Request Owner's contact information
    8626 Melrose Ave West Hollywood, CA 90069
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    West Hollywood, 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
    8626 Melrose Ave West Hollywood, CA 90069
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