6708-12 Melrose Ave Los Angeles, CA 90038
This exceptional owner-user or investment opportunity presents a 6,560 square foot storefront located at 6708-12 Melrose Avenue in Los Angeles, California, 90038. The property boasts a multi-tenant configuration, ideal for a variety of uses. Situated on a 4,400 square foot lot, this property offers significant potential for both immediate occupancy and long-term growth. The asking price is $4,250,000. The property's classification includes both retail and office space, making it versatile and adaptable to a wide range of business needs. Its location on Melrose Avenue in Los Angeles County provides excellent visibility and accessibility, placing it within a vibrant and dynamic commercial district. This is a rare chance to acquire a substantial property in a highly sought-after area, offering a compelling blend of immediate usability and significant investment potential. The property's size and configuration provide ample space for expansion or adaptation to suit specific business requirements. This is an exceptional opportunity for a business seeking a prominent location with substantial square footage. The property's multi-tenant capacity allows for diverse income streams or the potential for expansion within the existing structure. Don't miss this chance to secure a prime piece of Los Angeles real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.