For Lease
$45.72/SF/YR

5237 Melrose Ave Los Angeles, CA 90038

Prime Hollywood location, multiple units available.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional retail property, located at 5235 Melrose Avenue in Los Angeles, California, 90038, presents a unique investment opportunity. The property boasts a total of 16,698 square feet across a single, two-story building constructed in 1930. Currently, there is at least one retail space available, measuring 1,180 square feet. The building is situated in the heart of Hollywood's Studio District, offering unparalleled access to a thriving commercial environment. Its strategic location places it equidistant between the established charm of Larchmont Village and the burgeoning energy of Melrose Hill, providing exposure to a diverse clientele. The area is known for its abundance of markets, cafes, restaurants, art galleries, and shops, creating a vibrant and dynamic atmosphere. While the exact number of parking spaces is not specified, tandem parking is available on-site. The property's Los Angeles County Assessor's Parcel Number (APN) is 5535-002-024. This property is ideal for businesses seeking a high-visibility location within a rapidly evolving and culturally rich neighborhood. The multiple tenancy structure offers flexibility for various retail concepts. This is a rare chance to secure a foothold in one of Los Angeles' most desirable commercial districts. The property's historical character combined with its modern accessibility makes it an exceptional investment.

Highlights

  • 16,698 SF two-story retail building in Los Angeles' Studio District (5235 Melrose Ave, 90038).
  • At least one 1,180 SF retail space available.
  • Located between Larchmont Village and Melrose Hill, offering high visibility and diverse clientele.
  • On-site tandem parking available. APN: 5535-002-024.
  • Multiple tenancy structure ideal for various retail concepts.

Property Details for 5237 Melrose Ave

Property type
Retail properties
RSF (Rentable sq. ft)
16,698 SF
Year Built
1930
Buildings
1
Stories
2

Unit(s) available at that property

Space
5237 Melrose Ave
Size
1,180 SF
Rate per SF
$45.72

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.08356761523
Longitude
-118.31493445705

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FAQs

What type of property is this?
Retail property - Prime Hollywood location, multiple units available.
Where is the retail property located?
The property is located at 5237 Melrose Ave Los Angeles, CA.
What is the lease rate?
The lease rate is $45.72/SF/YR.
What are key features of this property?
This property features: 16,698 SF two-story retail building in Los Angeles' Studio District (5235 Melrose Ave, 90038).; At least one 1,180 SF retail space available.; Located between Larchmont Village and Melrose Hill, offering high visibility and diverse clientele.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Jorgi Paul
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Melrose Ave
Los Angeles, CA 90038

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Melrose Ave
Los Angeles, CA 90038

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5237 Melrose Ave
  • Jorgi Paul
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