8435 Melrose AveWest Hollywood, CA 90069

This exceptional 2,370-square-foot storefront property at 8435 Melrose Avenue in West Hollywood, California, presents a unique investment opportunity. Located in the highly desirable Melrose Avenue/Melrose Place triangle, this vacant property boasts over 160 feet of frontage on Melrose Avenue and also fronts an alley separating Melrose Avenue and Melrose Place. The single-story, 1946-built building features high clear span ceilings, high-quality architectural and design elements, and an expansive patio area. The property includes approximately 180 square feet of parking easement. The 0.16-acre lot (APN 5528-017-038) comprises two parcels, one in West Hollywood and one in Los Angeles, zoned WDC1A & LA C4, allowing for significant redevelopment potential. The property's central location within a rapidly transforming area, characterized by high-end fashion, jewelry, cafes, and restaurants, makes it an ideal candidate for maximizing its location, frontage, patio, and parking. This is a rare chance to acquire a high-quality property with exceptional location and substantial future upside. The asking price is $16,995,000, translating to $7,170.89 per square foot.