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7708-7726 Melrose AveLos Angeles, CA 90046

Prime LA Retail, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail investment opportunity encompasses a 12,320-square-foot portfolio situated on Melrose Avenue in Los Angeles, California, at 7708-7726. The property boasts a diverse tenant mix including well-established brands such as Bait, Vitaly, Cool Kicks, and Foot Locker, ensuring strong occupancy and consistent rental income. Built between 1945 and 1953, with significant renovations completed in 2008, the buildings are well-maintained and offer modern amenities. The property is zoned LAC4, providing flexibility for future uses and development potential. Ample parking is available with 42 spaces, catering to both tenants and customers. This prime location on Melrose Avenue in the heart of Los Angeles, zip code 90046, benefits from high foot traffic and visibility, making it an ideal investment for discerning buyers seeking a stable and appreciating asset in a vibrant retail market. The property's strong tenant roster and desirable location contribute to its significant potential for long-term growth and profitability. This is a rare opportunity to acquire a well-established and highly sought-after retail portfolio in one of Los Angeles' most dynamic commercial corridors. The property's location in Los Angeles County offers excellent access to major transportation arteries and a dense population base.

Property Details for 7708-7726 Melrose Ave

Property type
Retail properties
Square Feet
12,320 SF
Year Renovated
2008

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0834711
Longitude
-118.3577933
7708-7726 Melrose Ave, Los Angeles, California

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7708-7726 Melrose Ave
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