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7809 Melrose Ave, Los Angeles, CA 90046
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7809 Melrose Ave Los Angeles, CA 90046

$4,995,000
  • -- Beds
  • -- Baths
  • 3,338 Sq.Ft.
For Sale
$4,995,000 Get Pre-Qualified
Map preview of 7809 Melrose Ave, Los Angeles, CA 90046

Property Overview: 7809 Melrose Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,338 living square feet and 4,698 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Incredibly unique opportunity to own a piece of Los Angeles history in the Melrose Art District! Two beautifully reimagined classic brick storefronts are a sizeable 3,338 sq feet with large picture windows. The building currently houses the longest running vinyl record store in all of Los Angeles with over 500,000 recordings inside the retail space (also available for purchase). Internationally known for the vinyl and the famous clientele who it served for over five decades. Here's a chance to continue selling one-of-a-kind recordings in an established location. This location on the north side of Melrose Boulevard, beckons entrepreneurs and enthusiasts alive to make their mark on Melrose Avenue's storied landscape.

Listed by Pamela Griffiths | BRE #01989985 | Compass
Co-listed by Brett Alphin | BRE #01998404 | Compass
Last checked: 14 minutes ago | Last updated: April 11th, 2024 | Source CRMLS | DOM: 25
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Home details

Lot Sq. Ft
4,698
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Other
Status
Active
MLS#
24378719
City
Los Angeles
County
Los Angeles
Time on Site
20 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 7809 Melrose Ave

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Property Details for 7809 Melrose Ave

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
Laundry Information
  • None
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: No Landscaping, Near Public Transit
Property Information
  • Parcel Number: 5527010012
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Fairfax
View more facts & features

Local Los Angeles Agent

Sale History for 7809 Melrose Ave

Last sold for $500,000 on May 28th, 1999

  • April, 2024

  • Apr 1, 2024

    Date

    Active

    CRMLS: 24378719

    $4,995,000

    Price

  • May, 1999

  • May 28, 1999

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

Show More

Tax History for 7809 Melrose Ave

Assessed Value (2020): $716,726
Year Land Value Improved Value Assessed Value
2020 $645,061 $71,665 $716,726

Home Value Compared to the Market

This property vs the competition

7809 Melrose Ave is listed 307.76% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $1496.41 per/sqft which puts the price per square foot 93.33% higher than the median price per square foot for the city of Los Angeles.

About 7809 Melrose Ave

Detailed summary of property

7809 Melrose Ave is a other located in Los Angeles, CA 90046 and is currently for sale. This property offers -- bedrooms, -- bathrooms, roughly 3,338 living square feet, and sits on an approximately 4,698 square foot lot. 7809 Melrose Ave was first listed on ArdentRealEstateGroup.com on April 11, 2024. The homeowner is currently asking $4,995,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 307.76% higher than the median priced home. Local competing homes currently for sale include 2233 Riverdale Ave, 960 E 12th St and 405 S Boyle Ave. While the average home in Los Angeles, CA is selling in 96 days, 7809 Melrose Ave has a days on market of 25 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 7809 Melrose Ave Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7809 Melrose Ave

Public county record property details
Beds
--
Baths
--
Year built
1924
Sq. Ft.
3,338
Lot Size
4,697
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
71
APN
5527-010-012

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$943
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
209
Median Sale to List Price %
117.72%
Avg Days on Market
34
Loan Type
Conventional (2.7%), FHA (0%), VA (0%), Cash (13.51%), Other (2.7%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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