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    7912-7918 Melrose Ave Los Angeles, CA 90046

    For Lease
    $39 SF/Yr

    Prime Melrose location, 500 sq ft office.

    Lot size:
    6,808 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional coworking opportunity is situated in a vibrant Melrose Avenue building, offering a rare chance to lease a 500-square-foot office space within a thriving retail and office environment. The building, constructed in 1928, boasts a charming character and is classified as a Class B property. Located at 7912-7918 Melrose Avenue in Los Angeles County, this two-story structure provides a quiet and productive workspace while benefiting from the high foot traffic of the Melrose and Fairfax intersection. The building's total square footage is 6,808, with currently 500 square feet available for lease. The property is zoned LAC4 and sits on 0.13 acres of land. The building offers multiple tenancies, creating a diverse and dynamic atmosphere. Parking is available at a ratio of 1.47 spaces per 1,000 square feet. This unique offering combines the tranquility of a private office with the energy of a bustling commercial district, making it an ideal location for businesses seeking a blend of productivity and accessibility. The property is categorized as both retail and office space, and its subtype is specifically identified as a coworking space within a strip center.

    Property Features for 7912-7918 Melrose Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,808 SF
    Class
    B
    Total Rate
    22126

    Building Details

    Year Built
    1928
    Stories
    2

    Unit(s) available at that property

    Space
    2nd Floor, Suite 4
    Size
    500 SF
    Rate per SF
    $39

    HighLights

    • Retail and office building totaling 6,808 square feet.
    • 500 square feet of vacant office space available.
    • Located on a 0.13‑acre lot in Los Angeles County.
    • Class B building, constructed in 1928, with two stories.
    • 1.47 parking spaces per 1,000 square feet.
    • Zoned LAC4.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

    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
    -118.362118
    Latitude
    34.083676

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Melrose location, 500 sq ft office.
    Where is this neighborhood center located?
    The property is located at 7912-7918 Melrose Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    What are key features of this property?
    This property features: Retail and office building totaling 6,808 square feet.; 500 square feet of vacant office space available.; Located on a 0.13-acre lot in Los Angeles County.
    Request Owner's contact information
    7912-7918 Melrose Ave Los Angeles, CA 90046
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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
    7912-7918 Melrose Ave Los Angeles, CA 90046
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