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7415 Melrose Avenue

Christopher Mara, Lauren Mara & Ryan Mara Of Mara Commercial Represent Buyer In Retail Sale For $2.05M
SOLDRetail

Christopher Mara, Lauren Mara & Ryan Mara Of Mara Commercial Represent Buyer In Retail Sale For $2.05M

7415 Melrose Avenue

$2,050,000

$512/SF

Building Size

4,000 SF

Asset Type

Retail

Closing

Oct 30, 2025

AI

The property asset involved in the transaction is a retail space located at 7415 Melrose Avenue in the Los Angeles market. The retail asset has a total square footage of 4,000 and sold for a price of $2,050,000, resulting in a price per square foot of $512.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,050,000
  • Address: 7415 Melrose Avenue
  • Market: Los Angeles
  • Square Footage: 4,000
  • Price Per Square Foot: $512
  • Buyer's Representative: Christopher Mara, Lauren Mara & Ryan Mara - Mara Commercial - Carolwood Estates

This transaction involved the representation of the buyer by brokers Christopher Mara, Lauren Mara, and Ryan Mara from Mara Commercial, affiliated with Carolwood Estates. They facilitated the purchase, ensuring the successful completion of the sale of the retail asset.

Players

Christopher Mara

Carolwood Estates

Broker

$31M

vol

5 deals

Broker
Carolwood Estates
Carolwood EstatesBrokerage

Los Angeles Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93