Current Use by Public Records
- Melrose Music And Comics / (Bike/Boat/Book/etc) Store
- Mega City One / (Bike/Boat/Book/etc) Store / Newspaper & Magazine
Property Details for 7301 Melrose Ave
- Property type
- Retail properties & Spaces
Description
This exceptional retail property, located at 7301 Melrose Avenue and 705 N Poinsettia in the heart of Los Angeles, California (zip code 90046), presents a remarkable investment opportunity. The building boasts a total of 6,587 square feet of net rentable space, situated on a 5,391 square foot lot. Currently vacant, this property offers a blank canvas for a discerning buyer to create a thriving retail establishment. Its prime corner location on Melrose Avenue ensures high visibility and significant foot traffic, making it ideal for a variety of retail concepts. The property's address is 7301-05 Melrose Avenue & 705 N Poinsettia, Los Angeles, CA 90046. The asking price for this exceptional retail space is $4,800,000. The property is situated in Los Angeles County and offers significant potential for growth and return on investment. Its strategic location within a bustling commercial district promises strong tenant demand and a robust rental income stream once leased. This is a rare opportunity to acquire a highly visible and well-positioned retail property in one of Los Angeles's most desirable areas. The property's size and location make it suitable for a wide range of retail uses, from boutiques and restaurants to specialty stores and service businesses. Don't miss this chance to secure a prime piece of Los Angeles real estate.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.349
- Latitude
- 34.0837
