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$1,400,000
Est. payment /mo
1,163 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26233197
HOA Y/N No
Year Built 1939
Lot Size 1,163 Sqft
Property Sub-Type Retail
Property Description
*** FEDERAL BANKRUPTCY COURT SALE – NO BANK INVOLVED (APPROXIMATELY 60-DAYS TO CLOSE ESCROW)***Situated just one parcel south of the corner of Melrose Avenue and N Croft
Avenue — one of Los Angeles's most coveted boutique retail corridors —
with direct street frontage on N Croft Ave and strong pedestrian and driveby
visibility from Melrose.
The Melrose Avenue corridor between La Cienega and Fairfax is widely
recognized as one of Southern California's premier lifestyle retail
destinations, anchored by a dense concentration of luxury fashion,
independent design, and curated boutique concepts.
Immediate co-tenancy includes national and regional brands across
fashion, home furnishings, and hospitality — a trade area that consistently
attracts affluent shoppers and destination foot traffic. West Hollywood's
retail vacancy rate remains among the tightest in Greater Los Angeles;
infill opportunities of this nature — freestanding, single-tenant assets rarely
come to market.
Proximate to the Pacific Design Center, the Sunset Strip, and the Beverly Hills
city line — placing this asset at the nexus of three of LA's most economically
productive submarkets. The immediate trade area features high household
incomes within one mile; exceptionally high daytime population driven by
the entertainment, creative, and design industries.
Avenue — one of Los Angeles's most coveted boutique retail corridors —
with direct street frontage on N Croft Ave and strong pedestrian and driveby
visibility from Melrose.
The Melrose Avenue corridor between La Cienega and Fairfax is widely
recognized as one of Southern California's premier lifestyle retail
destinations, anchored by a dense concentration of luxury fashion,
independent design, and curated boutique concepts.
Immediate co-tenancy includes national and regional brands across
fashion, home furnishings, and hospitality — a trade area that consistently
attracts affluent shoppers and destination foot traffic. West Hollywood's
retail vacancy rate remains among the tightest in Greater Los Angeles;
infill opportunities of this nature — freestanding, single-tenant assets rarely
come to market.
Proximate to the Pacific Design Center, the Sunset Strip, and the Beverly Hills
city line — placing this asset at the nexus of three of LA's most economically
productive submarkets. The immediate trade area features high household
incomes within one mile; exceptionally high daytime population driven by
the entertainment, creative, and design industries.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot
Story 1
Water Public
Others
Tax ID 5528017064
Special Listing Condition Bankruptcy Property
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Listed by Jennifer Toyama Berkshire Hathaway HomeService 714-501-7132, DRE #01927057
NEARBY SCHOOL & BUSINESS
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