6721 Melrose Avenue
Los Angeles, CA 90038
6721 Melrose Avenue
Los Angeles, CA 90038
Los Angeles, CA 90038
$3,950,000.00
Property Type
Commercial
Status
For Sale
Size
3056 SQ. FT
Parking
6 Striped (9 if stacked)
6 Striped (9 if stacked)
PROPERTY TYPE: Office / Commercial
ASKING PRICE: $3.95 Million
BLDG SF: ±3,056 SF
PARCEL SF: ±7,091 SF
$ / SF (BLDG): $1,292.54
$ / SF (PARCEL): $557.04
APN#: 5524-013-022
ZONING: LAC4-1XL
YEAR BUILT: 1953
STREET FRONTAGE: 86 feet along Melrose
PARKING: 6 Striped (9 if stacked)
WALK SCORE: 87 (Very Walkable)
TOC OVERLAY: No
OPPORTUNITY ZONE: No
STATE ENTERPRISE ZONE: Los Angeles State Enterprise Zone
BUSINESS IMPROVEMENT DISTRICT: Melrose
CROSS STREET: Mansfield Ave
ADDITIONAL INCOME: $9,500 / month ($112,000 / year) from Billboard & Wall Signage
Features
- Excellent Owner-User Opportunity.
- Owner will Vacate upon Close of Escrow
- Outdoor Patios
- Consists of 8 Private Offices, Central Common Space, Kitchen, 2 bathrooms, and Conference Room.
- ±14 x 48 Billboard provides $2,000 per month on a month to month basis. New owner could negotiate a longer lease.
- Additional income of $7,500 per month from advertising agreement on wall surrounding the property on Melrose and Mansfield.
Agents
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