Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    4250 Melrose Ave Los Angeles, CA 90029-3541
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4250 Melrose Ave Los Angeles, CA 90029-3541

    View on Map
    • Office buildings
    • 3,936 SF
    • 0.16 lot acres
    Off-Market
    Property ID
    US09-7346256
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,090,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 4250 Melrose Ave

    Year built
    1964
    Construction
    TILT-UP CONCRETE
    Lot size
    0.16 lot acres
    Property size
    3,936 SF
    Zone code
    LAC2
    Property type
    Office buildings
    APN
    5538-029-014
    APU
    5538029014

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,795,000
      NEIGHBORHOOD: SHOPPING CENTER
      $1,665,000
      RETAIL STORES
      $1,615,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.293
    Latitude
    34.0834
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,374
    $757,144
    $207,682
    $964,826
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $965,000
      4,050 SF

      4164 Santa Monica Blvd

      OFFICE BUILDING • 4,050 SF
      4164 Santa Monica Blvd, Los Angeles, CA 90029-3026
      View Details
    • Value Estimation
      $10,345,000
      58,377 SF

      5300 Santa Monica Blvd

      OFFICE BUILDING • 58,377 SF
      5300 Santa Monica Blvd, Los Angeles, CA 90029-1131
      View Details
    • Value Estimation
      $580,000
      2,002 SF

      4022 Fountain Ave

      OFFICE BUILDING • 2,002 SF
      4022 Fountain Ave, Los Angeles, CA 90029-2252
      View Details
    • Value Estimation
      $1,635,000
      5,400 SF

      866 Vermont Ave

      OFFICE BUILDING (MULTI-STORY) • 5,400 SF
      866 Vermont Ave, Los Angeles, CA 90029-3587
      View Details
    • Value Estimation
      $1,930,000
      7,114 SF

      5265 Fountain Ave

      OFFICE BUILDING • 7,114 SF
      5265 Fountain Ave, Los Angeles, CA 90029-1300
      View Details
    • Value Estimation
      $645,000
      2,478 SF

      4121 Santa Monica Blvd

      OFFICE BUILDING • 2,478 SF
      4121 Santa Monica Blvd, Los Angeles, CA 90029-3025
      View Details

    Similar Nearby for Sale

    • $999,900

      Versatile Commercial Building with Income Potential

      Standalone commercial building suitable for retail, cafe, office, or boutique.
      3925 Fountain Ave, Los Angeles, CA 90029
      View Details
    • $999,950

      Versatile Commercial Building with Dual Entrances

      Standalone commercial building suitable for retail, office, cafe, and more.
      3925 Fountain Ave, Los Angeles, CA 90029
      View Details
    • $1,499,500
      4,029 SF

      Los Angeles Multifamily Investment Opportunity

      Multifamily property with five units near Hollywood.
      4723 Lexington Ave, Los Angeles, CA 90029
      View Details
    • $2,550,000
      6,422 SF

      Newer Fourplex in Prime Location

      Built in 2021, this fourplex offers a stabilized income stream.
      1119 N Berendo St, Los Angeles, CA 90029
      View Details
    • $3,380,000

      East Hollywood Multifamily Investment Opportunity

      16-unit apartment building in prime East Hollywood location.
      1233 N New Hampshire Ave, Los Angeles, CA 90029
      View Details
    • $1,999,900
      2,639 SF

      Hollywood Commercial/Residential Mixed-Use Property

      Mixed-use property in Hollywood with retail and residential units.
      1108 N Kenmore Ave, Los Angeles, CA 90029
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Leased Office Building in Los Angeles

      Fully leased office building in a prime Los Angeles location.
      4209 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • Contact for pricing

      Retail/Office Space on Western Avenue

      Located on a prominent artery with high traffic and dense population.
      1110 N Western Ave, Los Angeles, CA 90029
      View Details
    • Contact for pricing

      Creative Flex Space in Hollywood

      Reimagined creative flex space on historic Route 66.
      5176 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • Contact for pricing
      22,000 SF

      Creative Flex Space in Hollywood

      Reimagined creative flex space in the heart of Hollywood.
      5176 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • Contact for pricing

      Medical Office Space in Hollywood

      Prime medical office in East Hollywood with high walkability.
      5300 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4250 Melrose Ave
    Los Angeles, CA 90029-3541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!