Financial
Distress signals
Property profile

8379 Melrose Ave Los Angeles, CA 90069

OFF-MARKET
Retail space
Property ID
US09-7305116
4,390 SF 0.16 ac lot Built 1951
Last sale Apr 2022 · $19,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is an approximately 3,275-square-foot urban storefront retail building located at the corner of Melrose Avenue and Orlando Avenue, adjacent to Melrose Place. The building is designed for street-level retail use and includes an owned billboard as well as eight dedicated on-site parking spaces; additional metered street parking is available along Melrose Avenue and Orlando Avenue. The site’s corner frontage provides street-corner exposure and supports a retail-oriented commercial presence.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$241k
Tax billed · 2024
Assessed value$19.98M
Assessed land$13.73M
Assessed improvement$6.24M
Effective rate1.20%

Value estimate

· Sep 2026
$15.26M
$13.73M – $16.79M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$411/SF
Submarket average, outlier-cleaned · 1199 recorded sales of this use type
Observed band · Q1–Q3$195 – $682
Qualifying comparables6

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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop51.2
Auto Parts Store47.8
Storage Facility29.7

Location

8379 Melrose Ave Los Angeles, CA 90069-5419
County assessor Recorded deeds · 12 transfers 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8607 Melrose, West Hollywood, CA 90069-5010 $15,900,000 Dec 2025 4,433 SF
841 La Cienega, Los Angeles, CA 90069-4707 $2,550,000 May 2024 3,650 SF
816 La Cienega, Los Angeles, CA 90069-4708 $4,800,048 Aug 2022 3,927 SF
868 La Cienega, Los Angeles, CA 90069-4708 $2,500,025 May 2021 4,400 SF
8532 Melrose, West Hollywood, CA 90069-5112 $11,000,000 Mar 2020 4,570 SF
9174 Sunset, West Hollywood, CA 90069 $29,150,291 Dec 2019 5,006 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
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