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Melrose Avenue

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8420 Melrose Avenue
West Hollywood, CA
Type: Retail
Size: 11,295 sq. ft.
Built: 1941
Investment Date: March 2018
Strategy: Core / Core Plus
8420-8430 Melrose Avenue is a series of three retail units totaling 11,295 sf located in West Hollywood, CA, just a block east of LaCienga and at the intersection of Melrose Place. The vicinity is characterized by high incomes and home values, luxury boutiques and expensive restaurants. One of the three units could be demised and command higher rents for the two smaller spaces at some future date. The site includes 18 off-street parking spaces, which is highly unusual in the submarket and warrants a rent premium.