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    8755 Melrose Ave West Hollywood, CA 90069

    Sponsored
    For Lease
    Contact for pricing

    Prime Melrose Ave location, 3,832 sq ft, patio.

    Lot size:
    3,832 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,832 square foot restaurant space is ideally situated on Melrose Avenue in West Hollywood, California. Built in 1930, the single-tenant property offers a unique opportunity for a discerning restaurateur. The entire building, totaling 3,832 square feet, is currently vacant, presenting a blank canvas for a new culinary concept. The property's location on Melrose Avenue provides high visibility and accessibility, benefiting from significant foot traffic and proximity to other popular businesses. The building's charming character, combined with the potential for outdoor seating on a patio, creates an attractive setting for a variety of restaurant styles. Located in Los Angeles County, with a zip code of 90069, this property is in a vibrant and desirable area known for its thriving culinary scene. The property's single-tenant occupancy simplifies management and allows for complete creative control over the space. This is a rare opportunity to establish a flagship restaurant in a prime West Hollywood location. The building's historical context adds to its unique appeal, offering a blend of vintage charm and modern potential. The ample square footage allows for a spacious dining area, a fully equipped kitchen, and potentially additional features such as a bar or private dining room. This property is perfect for an ambitious entrepreneur looking to make their mark in the heart of West Hollywood.

    Property Features for 8755 Melrose Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,832 SF

    Building Details

    Year Built
    1930

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,832 SF

    HighLights

    • 3,832 SF restaurant space on Melrose Ave, West Hollywood, CA.
    • ±47' of frontage on Melrose Avenue.
    • City parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -118.3849308
    Latitude
    34.0810518

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    FAQs

    What type of property is this?
    Restaurant - Prime Melrose Ave location, 3,832 sq ft, patio.
    Where is this restaurant located?
    The property is located at 8755 Melrose Ave West Hollywood, CA.
    What are key features of this property?
    This property features: 3,832 SF restaurant space on Melrose Ave, West Hollywood, CA.; ±47' of frontage on Melrose Avenue.; City parking available.
    Request Owner's contact information
    8755 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
    8755 Melrose Ave West Hollywood, CA 90069
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