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Property profile

8471 Melrose Pl Los Angeles, CA 90069

OFF-MARKET
Retail space
Property ID
US09-8325360
3,786 SF 0.11 ac lot Built 1948
Last sale Jan 2007 · $7,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,000 square foot retail space, located at 8471 Melrose Place in Los Angeles, California (zip code 90069), presents a unique opportunity for a single-tenant business. Situated in Los Angeles County, this property offers a completely vacant space, ready for immediate occupancy and customization to suit your specific needs. The property is classified as both retail and restaurant-suitable, providing flexibility for a variety of commercial ventures. Its prime location on Melrose…

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?
$119k
Tax billed · 2024
Assessed value$9.85M
Assessed land$8.93M
Assessed improvement$919k
Effective rate1.21%

Value estimate

· Oct 2026
$1.24M
$1.11M – $1.36M
CAP approach$1.35M

Realmo valuation models over county records and 8 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 comparables8

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: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center9.4
Butcher7.9
Laundromat6.5

Location

8471 Melrose Pl Los Angeles, CA 90069-5311
County assessor Recorded deeds · 1 transfer 8 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
8750 Melrose, West Hollywood, CA 90069-5015 $3,195,000 Jul 2025 3,276 SF
8723 Melrose, West Hollywood, CA 90069-5014 $5,995,000 Dec 2024 3,387 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
8379 Melrose, Los Angeles, CA 90069-5419 $19,200,192 Apr 2022 4,390 SF
8747 Melrose, West Hollywood, CA 90069-5014 $8,500,085 Jul 2021 3,600 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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