Prime Melrose Avenue / Retail & Office / Owner User / Investment
7815-7817 Melrose Avenue, Los Angeles, CA 90046
$400,000.00 PRICE REDUCTION!
Muselli Commercial Realtors is pleased to present the opportunity to acquire a mixed-use retail/office building on the World Famous Melrose Avenue located in West Hollywood. This is an excellent opportunity for an owner/user or investor looking for prime commercial real estate in one of California’s premiere urban markets. 7815 - 7817 Melrose Avenue is a two-story building consisting of approximately 7,750 SF of ground-floor-retail and second-floor office. The location on Melrose Avenue is just east of Fairfax Boulevard and is within walking distance of many lively retail and restaurants.
Approximately 7,750 square feet in a two-story building.
Approximately 4,792 SF.
C4-1XL according to LA County assessor records. The buyer is advised to verify the zoning and uses.
Approximately 7,750 SF building consisting of three ground floor tenants and three 2nd floor office tenants. Approximately 43 feet of frontage along Melrose. All but one of the tenants are on month-to-month tenancies.
There is no onsite parking but there is ample street parking.
Current ground floor tenants are Kouhigh Toys, Heat Exchange Melrose, and Trinity Boxing Club.
Urban Outfitters, Buffalo Exchange, Adidas Store, Melrose Trading Post, and the chic Palihouse Hotel,
Walker's Paradise with a Walk Score of 95. Located in the heart of the Melrose Avenue Shopping District. Situated just east of Fairfax, and is a booming destination with visitors from all over the world. Centrally located near LACMA, Petersen Automotive Museum, Hollywood Improv, and much more. Easy access through Los Angeles City Bus Service.
Demographics 3-Mile Radius & Traffic Count
$80,312.00 median household income. 160,242 households.
267,589 daytime employees. The average age is 41.80.
Traffic Count 29,841 cars per day.