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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6708-12 Melrose Ave Los Angeles, CA 90038

6,560 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,560 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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