8412-8414 Melrose Ave | 8412-8414 Melrose Ave
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8412-8414 Melrose Ave 8412-8414 Melrose Ave
3,710 SF 100% Leased Retail Building Los Angeles, CA 90069 For Sale
Investment Highlights
- Highly visible retail storefront situated in a highly desirable stretch on Melrose Avenue.
- Located in a vibrant, pedestrian-friendly area of West Hollywood, this property is steps away from high-end retailers and renowned eateries.
- Fully leased with two tenants on a NNN basis, providing a stable income stream
Executive Summary
Cushman & Wakefield U.S., Inc., as Exclusive Agent, is pleased to present the opportunity to acquire 8412-8414 Melrose Ave., a premier retail property in the strongly sought-after West Hollywood submarket. Situated on a high-visibility stretch of Melrose Avenue, the property is comprised of a 3,710 SF, fully leased retail building with 40 feet of frontage.
Built in 1947 and renovated in 2007, this single-story property combines historic charm with modern enhancements, making it highly attractive to tenants and shoppers. The property is fully leased to two tenants on a NNN basis, providing a stable income stream and a compelling investment opportunity in one of Los Angeles’ most dynamic retail districts.
Built in 1947 and renovated in 2007, this single-story property combines historic charm with modern enhancements, making it highly attractive to tenants and shoppers. The property is fully leased to two tenants on a NNN basis, providing a stable income stream and a compelling investment opportunity in one of Los Angeles’ most dynamic retail districts.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,710 SF
Building Class
C
Year Built/Renovated
1947/2007
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Slab to Slab
11 ft
Building FAR
0.85
Land Acres
0.10 AC
Zoning
C1 - Limited Commercial
Parking
7 Spaces (1.89 Spaces per 1,000 SF Leased)
Frontage
40 ft on Melrose Ave
Amenities
- Pylon Sign
Walk Score ®
Walker's Paradise (96)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £563,017 | |
Land Assessment | £3,995,637 | Total Assessment | £4,558,655 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£3,995,637
Improvements Assessment
£563,017
Total Assessment
£4,558,655
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8412-8414 Melrose Ave | 8412-8414 Melrose Ave
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