Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

5865 Melrose Ave Los Angeles, CA 90038

OFF-MARKET
Retail space
Property ID
US09-7281666
5,640 SF 0.14 ac lot Built 1924
Last sale Sep 2016 · $2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 600-square-foot retail space is available for lease on the iconic Melrose Avenue in the heart of Hollywood. Located in a high-traffic area with excellent visibility, this single-tenant property is perfect for a boutique, gallery, or similar business seeking a stylish and convenient location. The property features a modern storefront design, attracting significant foot traffic from both locals and tourists. Ample parking is available in a large shared lot, ensuring easy…

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?
$20k
Tax billed · 2024
Assessed value$1.48M
Assessed land$1.21M
Assessed improvement$273k
Effective rate1.35%

Value estimate

· Oct 2026
$1.10M
$990k – $1.21M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$411/SF
Submarket average, outlier-cleaned · 1199 recorded sales of this use type
Observed band · Q1–Q3$195 – $682
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 Center13.6
Accounting Firm11.5
Nursing Home11.5

Location

5865 Melrose Ave Los Angeles, CA 90038-3717
County assessor Recorded deeds · 4 transfers 8 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5546 Melrose, Los Angeles, CA 90038-3114 $3,975,000 May 2025 4,768 SF
950 Vine, Los Angeles, CA 90038-2714 $4,300,043 Jun 2022 5,422 SF
5616 Santa Monica, Los Angeles, CA 90038-2904 $3,375,033 Mar 2021 5,000 SF
5612 Santa Monica, Los Angeles, CA 90038 $3,375,033 Mar 2021 5,000 SF
757 La Brea, Los Angeles, CA 90038-3338 $1,800,518 Oct 2020 4,650 SF
5059 Melrose, Los Angeles, CA 90038-4115 $4,800,048 Sep 2020 5,500 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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