Iconic Melrose District High Street Trophy Retail | 8435 Melrose Ave, Los Angeles, CA 90069

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OFFERING SUMMARYADDRESS 8435 Melrose Ave Los Angeles CA

90069

COUNTY Los Angeles

MARKET Los Angeles

SUBMARKET West Hollywood

APPROX. BUILDING 2,370 SF

APPROX. LAND 7,077 SF

YEAR BUILT 1946

YEAR RE-BUILT (ESTI.) 1986

APN 5528-017-038 & 5528-017-039

OWNERSHIP TYPE Fee Simple

FINANCIAL SUMMARYOFFERING PRICE UNDISCLOSED

DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2017 Population 45,839 275,705 848,140

2017 Median HH Income $77,232 $70,186 $56,205

2017 Average HH Income $113,087 $113,934 $97,129

Unique Owner-User or Re-Position Opportunity

Zoning: WDC1A & LAC4

Parking: Multiple

Frontage (Melrose Ave): Approx. 160 Linear Feet

Rear (Melrose Alley): Approx. 179 Linear Feet

Traffic Counts: Approx. 40K CPD

A History of Prestigious Ownership

The property owner has been operating, “La Maison FrancaiseAntiques, Inc.” a high-end retailer of unique antiques, works of art,and stone architectural pieces from around the globe at thislocation for almost 40 years. His pride in ownership gleamsthrough the opulent architectural details of this elegant property,and is appropriately complemented by the posh quality of hismerchandise, services, and world-renowned, neighboring tenants.

Supreme Dual Frontage

The asymmetric, triangular shape of the lot creates anunparalleled potential to leverage both the front and rear of theproperty for retail frontage simultaneously. While the luxuriousfront end facing Melrose Ave spans a generous 160 linear feet, therear spread measures a lavish 179 linear feet, and faces MelroseAlley, which is actively being transformed into an intimate, retailwalkway. This is a rare opportunity for an owner-user or investorto double the showcase value of the property.

This information has been secured from sources we believe to be reliable, however we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

http://www.youtube.com/watch?v=FyW52J2Qaws

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Swank Main-Street Location

The Los Angeles Metropolitan area in its vastness mayboast a profusion of chic and fashionable areas, butnone quite at the level as the Melrose District.Situated on the leg of the exclusive Golden Triangle ofMelrose Place, this property is located on MelroseAve., nestled closely between the famous “MelrosePlace” and La Cienega Blvd. The high walkability of thearea combined with its unique mix of haute couturetenants, adventurous underground retailers, andtrendy restaurateurs makes it a top hangoutdestination for swank hipsters and celebrities alike.Noteworthy tenants include Marc Jacobs, Theory,Bottega Veneta, Chloe, Kelly Wearstler, A.P.C., VioletGrey, The Row, Dash, Ago, Alfred Coffee, Marni, Fig &Olive, to name a few.

Extraordinarily High Barrier to Entry

Properties of this caliber, in this district are seldommade available on the market. Due to the highdemand, dense infill, and small lot sizes in theMelrose District, large-scale re-developmentopportunities are extremely hard to come by. This is aone-of-a-kind opportunity for the savvy investor whohas the vision to re-position the property to itshighest potential, or to acquire a trophy asset in anextraordinarily high-barrier-to-entry location.

Notable Nearby Areas and Attractions

Sunset StripBeverly HillsPacific Design CenterBeverly CenterThe Grove

Google Aerial

Location Map

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Bird's Eye View

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Rear Entrance Melrose Alley

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Outdoor Patio

Iconic Melrose District High StreetTrophy Retail

Young Lee Calla Commercial Real EstateBroker, President2137004336 2137004336Lic: 01934649 Lic: 01967095ylee@callacommercial.com www.callacommercial.com

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