Property profile

8379 Melrose Ave Los Angeles, CA 90069

OFF-MARKET
Retail space
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Property ID
US09-7305116
4,390 SF 0.16 ac 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.
Market Trends Soon

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?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Nov 2026
$15.26M
$13.73M – $16.79M

Realmo valuation models over county records and 11 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 comparables11

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 · 13 transfers 11 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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