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8435 Melrose Ave

2,370 SF Retail Building West Hollywood, CA 90069 £13,621,493 (£5,747/SF)

Executive Summary

INCREDIBLE OPPORTUNITY. ONE OF THE LAST OWNERUSER PROPERTIES IN THE HIGHLY COVETED MELROSE PL corridor available for purchase that is an owner/user or redevelopment opportunity. The Property consists of approximately 2,370 sf of building on a lot size of approximately 7,077 sf. The Property is located in both West Hollywood and Los Angeles. This sale represents one of the last "original owner" opportunities to purchase an owner/user or redevelopment opportunity in the coveted Melrose Avenue, Melrose Pl., La Cienega Blvd. triangle. The Property has approximately 170 ft of frontage on Melrose Avenue. The building features over 18 foot high ceilings, with a rear courtyard/patio area, and parking in the rear off of the alley. The property has a parking easement of approximately 170 sf on the eastern portion of the Property near the corner. The Property features unmatched dual frontage exposure along Melrose Avenue and Melrose Pl alley, the epicenter of the high street retail and new internationally acclaimed restaurants scheduled to be opening soon!
This area is under going an extraordinary redevelopment, with several new developments and many of surrounding properties undergoing renovation and/or recently tenanted. Please call Chris at (310) 927-5865 for more information.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
2,370 SF
Building Class
C
Year Built/Renovated
1946/1986
Price
£13,621,493
Price Per SF
£5,747
Tenancy
Single
Number of Floors
1
Building FAR
0.34
Lot Size
0.16 AC
Zoning
WDC1A & LA C4 - Property is located in West Hollywood and the City of Los Angeles
Frontage
165 ft on Melrose Ave
Walk Score ®
Walker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

CrossFit
Five Guys
Trader Joe's
Wolfgang Puck
Gelson's Market
IHOP
Barry's
Chin Chin Los Angeles
Equinox
SoulCycle

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5528-017-038
  • 5528-017-039
Land Assessment
£651,200
Improvements Assessment
£81,389
Total Assessment
£732,589
  • Listing ID: 28510500

  • Date on Market: 17/05/2023

  • Last Updated:

  • Address: 8435 Melrose Ave, West Hollywood, CA 90069

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