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    Property profile & analytics

    7474 Melrose Ave Los Angeles, CA 90046-7524

    • Retail space
    • 5,995 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 01, 2023
    Location Intelligence
    Property ID
    US09-7308151
    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.

    Current Use by Public Records

    • Slow Clothing / Clothing Store
    • American Rebel / Clothing Store / Store

    Property Details for 7474 Melrose Ave

    Year built
    1936
    Construction
    TILT-UP CONCRETE
    Lot size
    0.21 lot acres
    Property size
    5,995 SF
    Zone code
    LAC4
    Property type
    Retail space
    APN
    5526-018-024
    APU
    5526018024

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.353
    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
    $72,414
    $4,681,800
    $826,200
    $5,508,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,635 SF

      7427 Melrose Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,635 SF
      7427 Melrose Ave, Los Angeles, CA 90046-7514
      View Details
    • Value Estimation by Request
      11,620 SF

      7517 Sunset Blvd

      RETAIL STORES (PERSONAL SERVICES) • 11,620 SF
      7517 Sunset Blvd, Los Angeles, CA 90046-3407
      View Details
    • Value Estimation by Request
      6,917 SF

      7880 Sunset Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,917 SF
      7880 Sunset Blvd, Los Angeles, CA 90046-3309
      View Details
    • Value Estimation by Request
      1,444 SF

      7183 Sunset Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,444 SF
      7183 Sunset Blvd, Los Angeles, CA 90046
      View Details
    • Value Estimation by Request
      5,600 SF

      7626 Sunset Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,600 SF
      7626 Sunset Blvd, Los Angeles, CA 90046
      View Details
    • Value Estimation by Request
      4,396 SF

      8220 Santa Monica Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,396 SF
      8220 Santa Monica Blvd, West Hollywood, CA 90046-5913
      View Details

    Similar Nearby for Sale

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      Melrose Avenue Retail Opportunity

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      Retail property with great street frontage on a signalized corner.
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      Prime Melrose Ave Retail Space

      Vacant Retail Building, High Traffic Area
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    • $2,000,000
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      Land for Mixed-Use Development

      4,994 SF land parcel, potential mixed-use development.
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    Similar Nearby for Lease

    • $2 SF/Yr
      5,349 SF

      Melrose Avenue Retail/Office Space

      Retail/office building available on Melrose Avenue in Los Angeles.
      7519-7521 Melrose Ave, Los Angeles, CA 90046
      View Details
    • Contact for pricing
      18,000 SF

      Prime Retail Space Available

      Retail space with high visibility in a desirable location.
      7914 Santa Monica Blvd, West Hollywood, CA 90046
      View Details
    • $8,126 /Mo

      Melrose Avenue Retail Corner Space

      Retail space on Melrose Avenue with shared courtyard.
      7475 Melrose Ave, Los Angeles, CA 90046
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    • Contact for pricing
      1,167 SF

      Retail Space Available For Rent

      Second floor retail space available in Los Angeles.
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    • $3 SF/Yr
      1,611 SF

      Retail Space on Melrose Avenue

      Retail space available for rent on Melrose Avenue.
      7401-7407 Melrose Ave, Los Angeles, CA 90046
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    • $2 SF/Yr
      1,460 SF

      Retail/Office Space Available

      Retail or office space for rent in Los Angeles.
      1449 N Gardner St, Los Angeles, CA 90046
      View Details
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    7474 Melrose Ave
    Los Angeles, CA 90046-7524
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    Realmo Value Estimation

    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.

    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.

    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
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