Property profile

7300 Melrose Ave Los Angeles, CA 90046

OFF-MARKET
Investment properties
Property ID
US09-7453702
7,370 SF 0.17 ac lot Built 1932
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1932
Construction TILT-UP CONCRETE
Total area 7,370 SF
Lot 0.17 ac (7,399 SF)
Zoning code LAC4
APN 5526-021-001
UPID US09-7453702

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
  • Barber Shop

Location

7300 Melrose Ave Los Angeles, CA 90046-7513
Los Angeles metro Census 192002 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$853k
Blend (final) Blend
$1.17M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2020
Price N/A
2019
Price N/A
2016
Price N/A
2015
$5.4M
2013
$3.9M
2005
$3.4M

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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