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4318-4330 Melrose Ave
Los Angeles, CA 90029 East Hollywood

$8,900,000 USD

Storefront For Sale • 13,540 SF

Property Details

Property Type Storefront
Total Building Size 13,540 SF
Lot Size 0.63 AC
Building Class C
Year Built 1908
Tenancy Multiple
Zoning LAC2-1, LAR3-1

61 Transit Score

83 Walk Score

                
                    Highlights
                
                                $8,900,000 total price, with $7,400,000 allocated to the Melrose store-front retail center and $1,500,000 allocated to the Heliotrope parcel.
                            
                                Two combined parcels totaling 27,526 SF with LAC2 and LAR3 zoning, allowing for future development of up to 132 residential units.
                            
                                13,540 SF of existing retail improvements with seven units, currently two vacancies, providing strong income potential and flexibility
                            
                                A total of 38 parking spaces, including a dedicated lot and an additional lot across the alley
                            
                                Situated at the intersection of Melrose Avenue and Heliotrope Drive
                            
                                Steps from Virgil Village, Sqirl, Courage Bagels, Budonoki, Melody, and Voodoo Vin. Erewhon Silver Lake is just a 5-min drive.

Amenities

Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	4.7 mi
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	15 min	-	4.8 mi
Transit/Subway	Drive	Walk	Distance
Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	12 min	0.6 mi
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Bob Hope	20 min	-	10.8 mi
Los Angeles International	28 min	-	22.1 mi
Long Beach-Daugherty Field	32 min	-	28.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	38
Type:	Surface
Included in Rent:	Yes

Oron Maher 415-378-5464 Maher Commercial Realty

4318-4330 Melrose Ave Los Angeles, CA 90029 East Hollywood