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4760/4766 MELROSE AVE

Mixed use developments los angeles

 

  • Two lot assemblage on the south side of Melrose Ave, east of Western Blvd

  • 2 contiguous C2-1 lots totaling ~10,000 sq ft

  • Demolition, and construction of new 4-story Type V mixed-use project

  • 34 apartments over 875 sq ft of ground floor retail

  • 1 level of at-grade ground parking, 1 level mezzanine parking

  • Projected Global IRR: 28.31%

  • Projected Global ROI: 78.97%

     

melrose office screenshot Mixed use developments los angeles
investment opportunity
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PROPOSED ELEVATIONS, PARKING & RETAIL

proposed elevation, parking and retail Mixed use developments los angeles
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SOURCES & USES

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PROFORMA

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DEVELOPMENT COMPS

melrose ave development comps Mixed use developments los angeles
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LEASE COMPS

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RETAIL COMPS

melrose ave retail comps Mixed use developments los angeles
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MARKET STATISTICS

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