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7619-7621 Melrose Ave 4,800 SF 100% Leased Retail Building Los Angeles, CA 90046 $4,433,390 CAD ($923.62 CAD/SF)
Executive Summary
URBANLIME Real Estate is pleased to present the opportunity to acquire 7619 Melrose Ave. The asset is fully-leased, featuring 5 tenants spanning two levels. The building is separately metered for electricity and features 8 parking spaces in the rear of the building. The opportunity offers great visibility, high-ceilings and excellent signage opportunities. The property is situated on the trendy Melrose Avenue, near many major retailers, restaurants and bars.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,800 SF
Building Class
B
Year Built
1947
Price
$4,433,390 CAD
Price Per SF
$923.62 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.10
Lot Size
0.10 AC
Zoning
C4
Frontage
82’ on Melrose
Walk Score®
Walker's Paradise (93)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5526-014-022 | Improvements Assessment | $815,591 CAD |
| Land Assessment | $3,726,661 CAD | Total Assessment | $4,542,253 CAD |
Property Taxes
Parcel Number
5526-014-022
Land Assessment
$3,726,661 CAD
Improvements Assessment
$815,591 CAD
Total Assessment
$4,542,253 CAD
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7619-7621 Melrose Ave
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