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    6708-12 Melrose Ave Los Angeles, CA 90036

    Sponsored
    For Lease
    $30 SF/Yr ($16,150 /Mo)

    Prime Retail, Multiple Units, High Visibility

    Lot size:
    6,460 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 6708-12 Melrose Avenue in Los Angeles County, offers a unique opportunity for businesses seeking high-traffic exposure. The property encompasses a total of 6,460 square feet, currently entirely vacant and available for lease. The space is divisible, with a minimum leasable area of 1,580 square feet and a maximum contiguous space of 3,300 square feet, providing flexibility for various business needs and sizes. This allows for either a single large tenant or the possibility of multiple smaller tenants occupying the space. The property's "Commercial, Showroom" subtype suggests suitability for businesses requiring ample display space. The building's prime location on Melrose Avenue ensures high visibility and foot traffic, making it an ideal location for attracting customers. While the total parking is limited to one space, the property's location in a vibrant area may offer alternative parking solutions nearby. This presents a rare chance to secure a prominent retail presence on a sought-after Los Angeles street. The entire 6,460 square feet is ready for immediate occupancy, offering a blank canvas for a creative and successful business venture. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity.

    Property Features for 6708-12 Melrose Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,460 SF
    Total Rate
    16150

    Unit(s) available at that property

    Space
    Suite 6708
    Size
    3,300 SF
    Rate per SF
    $30
    Space
    Suite 6712
    Size
    1,580 SF
    Rate per SF
    $36

    HighLights

    • Retail property totaling 6,460 square feet available for lease in Los Angeles County.
    • The space is divisible into units ranging from 1,580 to 3,300 square feet.
    • Currently, 6,460 square feet is vacant and available.
    • The property offers one parking space.
    • Located at 6708‑12 Melrose Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    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
    -118.3400232
    Latitude
    34.0833122

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail, Multiple Units, High Visibility
    Where is this individual retail property located?
    The property is located at 6708-12 Melrose Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $30-$36 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 6,460 square feet available for lease in Los Angeles County.; The space is divisible into units ranging from 1,580 to 3,300 square feet.; Currently, 6,460 square feet is vacant and available.
    Request Owner's contact information
    6708-12 Melrose Ave Los Angeles, CA 90036
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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
    6708-12 Melrose Ave Los Angeles, CA 90036
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