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6721 Melrose Ave Los Angeles, CA 90038

OFF-MARKET
Office buildings
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Property ID
US09-7882372
3,046 SF 0.16 ac Built 1953
Last sale Jun 2019·$3,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

An office building of approximately 3,056 square feet situated on an approximately 7,091 square foot parcel at 6721 Melrose Ave in Los Angeles, near the intersection of Melrose and Highland Avenues. The interior layout includes eight private offices, a central common area, a kitchen, two bathrooms, and a conference room. Outdoor patio areas provide additional space adjacent to the building for break areas or meetings. The property is located in a neighborhood with retail and restaurant uses,…

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?
$48k
Tax billed · 2024
Assessed value$3.55M
Assessed land$2.90M
Assessed improvement$656k
Effective rate1.34%

Value estimate

· Nov 2026
$1.15M
$1.04M – $1.27M
CAP approach$1.19M

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

Recently sold

What actually traded nearby?
$502/SF
Submarket average, outlier-cleaned · 585 recorded sales of this use type
Observed band · Q1–Q3$237 – $792
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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.8
Butcher8.7
Dental Office7.9

Location

6721 Melrose Ave Los Angeles, CA 90038-3411
County assessor Recorded deeds · 13 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
747 Seward, Los Angeles, CA 90038-3503 $3,250,000 Aug 2024 2,386 SF
6700 Melrose, Los Angeles, CA 90038-3412 $4,000,000 Jul 2024 3,373 SF
1027 Cole, Los Angeles, CA 90038-2601 $1,450,000 Jul 2023 1,904 SF
910 Citrus, Los Angeles, CA 90038 $3,500,000 Feb 2021 4,850 SF
953 Cole, Los Angeles, CA 90038-2610 $2,600,026 Jan 2021 2,640 SF
1111 Las Palmas, Los Angeles, CA 90038-1208 $5,200,000 Jan 2020 4,634 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
    $955,000
    4,250 SF
    6222 Santa Monica Blvd
    OFFICE BUILDING
    6222 Santa Monica Blvd, Los Angeles, CA 90038-1704
    View Details
  • Value Estimation
    $680,000
    1,978 SF
    820 Seward St
    OFFICE BUILDING
    820 Seward St, Los Angeles, CA 90038-3602
    View Details
  • Value Estimation
    $3,475,000
    4,850 SF
    910 Citrus Ave
    OFFICE BUILDING
    910 Citrus Ave, Los Angeles, CA 90038
    View Details
  • Value Estimation
    $1,185,000
    5,062 SF
    722 Seward St
    OFFICE BUILDING
    722 Seward St, Los Angeles, CA 90038-3504
    View Details
  • Value Estimation
    $710,000
    1,750 SF
    7080 Santa Monica Blvd
    OFFICE BUILDING
    7080 Santa Monica Blvd, West Hollywood, CA 90038-1043
    View Details
  • Value Estimation
    $2,205,000
    8,389 SF
    6451 Santa Monica Blvd
    OFFICE BUILDING
    6451 Santa Monica Blvd, Los Angeles, CA 90038-1547
    View Details

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