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7207 Melrose Ave Los Angeles, CA 90046-7619

OFF-MARKET Investment properties Google Maps
4,600 SF 0.1 ac lot Built 1959
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$2.33M
Range $2.09M – $2.56M (±10%)
Property ID US09-7701238

Property summary

AI-generated overview

This exceptional 6,500 square foot building, located at 7207 Melrose Avenue in Los Angeles, California's Melrose Arts District, offers a unique blend of creative office and retail space. Currently, 5,000 contiguous square feet of high-end creative office space is available for lease within this ultra-private, unassuming building. The space boasts luxury interior features, a high-security design, and is perfectly suited for a technology or entertainment company. Premium amenities include fully furnished conference rooms, multiple private offices, and built-in custom furniture designed to maximize space utilization. The building is fully upgraded with fiber internet and a redundant CAT 6 network supporting up to 72 workstations. High-end kitchens and bathrooms cater to discerning clientele. A significant advantage is the inclusion of a legally zoned entertainment space on the roof deck, complete with stunning Hollywood Hills views and a full A/V setup. While a separate retail space on Melrose Avenue is also available, it is not included in this listing. The owner will retain a second unit within the building. Los Angeles County zoning applies. This discreetly listed property is ideal for a tenant seeking a premium, secure, and technologically advanced workspace.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1959
Construction WOOD
Total area 4,600 SF
Lot 0.1 ac (4,400 SF)
Zoning code LAC4
APN 5525-011-013
UPID US09-7701238

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
  • Art Gallery
  • Marketing & Advertising Advertising Agency
  • Clothing Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.33M

Owner & transaction history

since 2021
Last sale
$2.7M
6 recorded transactions
2021
$2.7M
2021
Price N/A
2016
Price N/A
1991
$371,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LAC4 · Los Angeles, CA

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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