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Property profile

6051 Melrose Ave Los Angeles, CA 90038

FOR LEASE
Investment properties
Property ID
US09-7262724
5,694 SF 0.18 ac lot Built 1948
Last sale Jun 2025 · $4,062,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
6051 Melrose Ave, Los Angeles, CA 90038 For Lease 1 / 9
$5.50 SF/Yr
6051 Melrose Ave, Los Angeles, CA 90038
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$30k
Tax billed · 2024
Assessed value$2.33M
Assessed land$1.82M
Assessed improvement$512k
Effective rate1.31%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$624/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$383 – $847
Qualifying comparables12

Cap rate analysis

How does the asset earn?
2,402,581.82%
$132k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LAC4
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.8
Laundromat9.6
Butcher9.0

Location

6051 Melrose Ave Los Angeles, CA 90038
County assessor Recorded deeds · 13 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5067 Melrose, Los Angeles, CA 90038-4115 $1,550,000 Jul 2025 5,310 SF
5531 Santa Monica, Los Angeles, CA 90038 $1,525,000 Nov 2024 6,708 SF
6208 Santa Monica, Los Angeles, CA 90038-1704 $2,000,000 Apr 2024 5,736 SF
6174 Santa Monica, Los Angeles, CA 90038-1712 $2,050,000 Jul 2023 6,212 SF
5901 Melrose, Los Angeles, CA 90038-3611 $3,520,035 Feb 2023 6,498 SF
812 Seward, Los Angeles, CA 90038-3602 $4,540,045 Nov 2021 5,005 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $1,335,000
    5,784 SF
    6910 Melrose Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    6910 Melrose Ave, Los Angeles, CA 90038-3306
    View Details
  • Value Estimation
    $1,430,000
    6,945 SF
    1234 La Brea Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    1234 La Brea Ave, West Hollywood, CA 90038-1179
    View Details
  • Value Estimation
    $1,385,000
    6,995 SF
    819 La Brea Ave
    STORE/OFFICE (MIXED USE)
    819 La Brea Ave, Los Angeles, CA 90038-3340
    View Details
  • Value Estimation
    $1,485,000
    4,341 SF
    1277 Wilcox Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    1277 Wilcox Ave, Los Angeles, CA 90038-1435
    View Details
  • Value Estimation
    $1,070,000
    4,340 SF
    5637 Santa Monica Blvd
    STORE/OFFICE (MIXED USE)
    5637 Santa Monica Blvd, Los Angeles, CA 90038-2903
    View Details
  • Value Estimation
    $1,880,000
    9,600 SF
    5601 Melrose Ave
    STORE/OFFICE (MIXED USE)
    5601 Melrose Ave, Los Angeles, CA 90038-3909
    View Details

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Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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