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Property profile

7469 Melrose Ave Los Angeles, CA 90046

OFF-MARKET
Retail properties & Spaces
3,200 SF
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Property summary

AI-generated overview

This exceptional 3,200-square-foot restaurant space is available for lease at 7469 Melrose Avenue in Los Angeles, California. Located in Los Angeles County, zip code 90046, this single-tenant retail property sits on a bustling street in a highly desirable area known for its walkability and vibrant atmosphere. The property's 3,200 square feet are currently vacant and ready for immediate occupancy. The surrounding neighborhood boasts a diverse mix of businesses and residents, including popular establishments like The Groundlings Theatre, Blu Jam Café, and Carmel, ensuring high foot traffic and visibility. This location offers unparalleled access to a variety of dining, shopping, and entertainment options, attracting a large and diverse clientele of foodies, fashionistas, and tourists. The property's prime location on Melrose Avenue presents a unique opportunity for a restaurant operator to establish a thriving business in one of Los Angeles' trendiest and most sought-after commercial districts. The property is categorized as a retail space, specifically suited for restaurant use. This is a single-tenant space, offering complete control and customization for the new occupant. The address is 7469 Melrose Ave, Los Angeles, CA 90046.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Vocational School Training Center
  • Restaurant
  • Restaurant
  • Restaurant

Location

7469 Melrose Ave Los Angeles, CA 90046
Los Angeles metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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