Updated Sep 24, 2026
Bronson Morgan & Ryan Gurman Of CBRE Represent Seller In $2.81M Retail Sale In Los Angeles
7661-7663 Melrose Avenue
$2,810,000
$384/SF
Building Size
7,316 SF
Asset Type
Retail
Closing
Sep 23, 2026
About this deal
AI
The property located at 7661-7663 Melrose Avenue in Los Angeles is a retail asset that recently sold for $2,810,000. The total square footage of the property is 7,316, resulting in a price per square foot of $384.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,810,000
- Address: 7661-7663 Melrose Avenue
- Market: Los Angeles
- Square Footage: 7,316
- Price per Square Foot: $384
- Seller's Representative: Bronson Morgan & Ryan Gurman - CBRE
Bronson Morgan and Ryan Gurman, representing CBRE, facilitated the transaction, bringing expertise to the sale process and ensuring the transaction was completed seamlessly.
On the Map
$2,810,000
$384/SF
Retail
View full map
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Bronson Morgan to view all their deals.
Browse Los Angeles retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.65%
Cash-on-Cash
-1.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93