You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $6,770,000
Investment properties

8378 Melrose Ave Los Angeles, CA 90069-5421

21,300 SF 0.31 ac lot Built 1960
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6344352
Property summary
AI-generated overview

This exceptional commercial property, located at 8378-8384 Melrose Avenue in West Hollywood, California (zip code 90069), offers a prime retail and office space opportunity in Los Angeles County. The property, known as Melrose Crossing, boasts a total of 22,405 square feet of space, currently entirely vacant and available for lease. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 2,024 square feet to a maximum contiguous space of 16,244 square feet. This presents a unique chance for businesses seeking a prominent location on Melrose Avenue to establish or expand their operations. The property features ample parking with 36 spaces available for tenants and their clients. The building's classification is commercial, encompassing both retail and office uses, making it suitable for a diverse range of businesses. Its location in the vibrant West Hollywood area provides excellent visibility and accessibility, catering to a high-traffic demographic. This is a rare opportunity to secure a substantial and versatile commercial space in a highly desirable location. Interested parties are encouraged to inquire for further details and leasing options. The property is situated at 34.0835366 latitude and -118.3728292 longitude.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1960
Construction TILT-UP CONCRETE
Total area 21,300 SF
Lot 0.31 ac (13,571 SF)
Zoning code LAC4
APN 5528-016-056
UPID US09-6344352
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • McDuffie Mobile Notary Law Firm
  • CHAGOURY Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.64M
Comparable Approach Comparable
$8.36M
Blend (final) Blend
$6.77M
Owner & transaction history
Svap III 8378-8384 Melrose LLC · 7 yrs held
Svap III 8378-8384 Melrose LLC
since 2019
7 recorded transactions
2020
Price N/A
2019
$17.7M
2014
$23.9M
2013
Price N/A
2011
Price N/A
2009
$200,000
2006
Price N/A
Zoning & alternative use
LAC4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $10.7M +67.5%
Medical building $9.7M +52.1%
Neighborhood: shopping center $9.0M +41.4%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8378 Melrose Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message