Los Angeles County  »  90046  »  Melrose Ave  »  7224 Melrose Ave

7224 Melrose Avenue, Los Angeles, CA 90046 - Property report

Also known as: 7222 1/2 Melrose Ave

Property image for 7224 Melrose Avenue, Los Angeles, CA 90046
static Mapbox map

Property type

Store - One Story (1100)

Year built

1925

Acreage

0.238

Sale price

$4,713,000

General Information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
7224 Melrose Ave
Los Angeles, CA 90046
Alternate address(es)
7222 1/2 Melrose Ave
7222 Melrose Ave
7226 Melrose Ave
Show more
Zip code
90046
Neighborhood
Fairfax
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 7224 Melrose Avenue, Los Angeles, CA 90046. Uncover corporate and individual owners with a free account.

Building
Property type
Store - One Story
Building sq. ft.
3,870
Buildings on lot
2
Stories
1
Year built
1925
Sales
Sale date
06/23/2022
Sale price
$4,713,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$61,787
Zoning & use
Zoning
Units
2
Lot
Acreage
0.238

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
54 /100.  Good Transit
Bike score
67 /100.  Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership

Ownership information for 7224 Melrose Avenue, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 7224 Melrose Avenue, Los Angeles, CA 90046

Sale date Sale price Buyer name Seller name
06/23/2022 $4,713,000 XXXX XXXXXXX XXXXXX XXX XXXXX XXXXXX X XXXXXXX; XXX XXXXXXX XXXXX XXXXXXXXXXXXX XXXXX; XXX XXXXXXX XXXXX XXXX XXXXXXXXX XXXXX; XXX XXXXXX XXXX XXXXX XXXXXX XXXXX; XXXXX XXXXXXX XXXXXXX; XXXXX XXXXXX XXXX XXXXXXX
12/28/1995 $964,491 XXX XXXX XXXXXXXX XXXX XXXXXXX XXXXXXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
06/23/2022 Agreement XXXX XXXXXXX XXXXXX XXX XXXXX XXXX
06/23/2022 Assignment of Rents XXXX XXXXXXX XXXXXX XXX XXXXX XXXX
06/23/2022 Assignment of Rents
Financing Statement
Trust Deed		 XXXX XXXXXXX XXXXXX XXX XXXXX XXXX
06/23/2022 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)		 XXXXX XXXXXX X XXXXXXX XXXX XXXXXXX XXXXXX XXX
08/19/2021 Financing Statement XXXXXX XXXX XXXXX XXXXXX XXXXX XXXXXXXX XXXXXXXX XXXX
04/02/2018 Reconveyance XXXXXXXX XXXXXXXXXX XXXXXXX XXXXXX XXXX XXXXX XXXXXX XXXXX
03/06/2018 Assignment of Rents XXXXX XXXXXX XXXX XXXXXXX XXXXXXXXX XXXX
03/06/2018 Assignment of Rents
Financing Statement
Trust Deed		 XXXXX XXXXXX XXXX XXXXXXX XXXXXXXXX XXXX
12/23/2013 Grant Deed
(File correction - Single parcel sale)		 XXXXX XXXXXX XXXX XXXXXX XXXX XXXXX XXXXXX XXXXX
10/23/2013 Trust Transfer Deed
(File correction - Single parcel sale)		 XXXXX XXXXXXX XXXXX XXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 7224 Melrose Avenue, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$61,787
Current property tax
$68,910
Recent tax assessments
Market value
$5,203,530
Land value
$3,312,241
Building value
$1,891,289

More about Los Angeles County Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $5,101,501 1.1874 $60,575 +0.95%
2024-2025 $5,001,473 1.1997 $60,003 +2.03%
2023-2024 $4,903,405 1.1994 $58,811 +139.11%
2022-2023 $2,110,294 1.1655 $24,595 +1.16%
2021-2022 $2,068,916 1.1752 $24,314 -1.06%
2020-2021 $2,047,703 1.200129 $24,575 +6.33%
2019-2020 $1,968,190 1.174279 $23,112 +0.14%
2018-2019 $1,929,599 1.196 $23,079 +2.26%
2017-2018 $1,891,764 1.193 $22,569 +2.10%
2016-2017 $1,854,672 1.1918 $22,105 +1.51%

Special assessments & penalties for 7224 Melrose Avenue, Los Angeles, CA

Code Description Tax levied
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18848 Los Angeles-Melrose Business Improvement District
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito
Permits

Permit information for 7224 Melrose Avenue, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
05/12/2025
12/06/2022
09/28/2018
03/09/2016
02/22/2011

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
48,296
Median age
40.2
Average household income
$151,268
Family households
27.8%
People per household (average)
1.66
Occupied housing units
28,727
Owner-occupied units
22.2%
Median year structure built
1966
Median value mortgaged units
$1,584,300
Median value unmortgaged units
$1,322,000

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 7224 Melrose Avenue, Los Angeles, CA 90046 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 7224 Melrose Avenue, Los Angeles, CA

637 N Formosa Ave, Los Angeles 617 N Formosa Ave, Los Angeles 603 N Formosa Ave, Los Angeles 7280 Melrose Ave, Los Angeles 607 N Formosa Ave, Los Angeles 7215 Clinton St, Los Angeles 7217 Clinton St, Los Angeles 624 N Poinsettia Pl, Los Angeles 633 N Formosa Ave, Los Angeles 7206 Melrose Ave, Los Angeles 7210 Melrose Ave, Los Angeles 7250 Melrose Ave, Los Angeles 632 N Poinsettia Pl, Los Angeles 628 N Poinsettia Pl, Los Angeles 615 N Formosa Ave, Los Angeles 623 N Formosa Ave, Los Angeles 638 N Poinsettia Pl, Los Angeles 7214 Melrose Ave, Los Angeles 627 N Formosa Ave, Los Angeles 7220 Melrose Ave, Los Angeles

Nearby ZIP codes for 7224 Melrose Avenue, Los Angeles, CA

90004, Los Angeles County, CA 90010, Los Angeles County, CA 90019, Los Angeles County, CA 90020, Los Angeles County, CA 90028, Los Angeles County, CA 90035, Los Angeles County, CA 90036, Los Angeles County, CA 90038, Los Angeles County, CA 90048, Los Angeles County, CA 90068, Los Angeles County, CA 90210, Los Angeles County, CA 90211, Los Angeles County, CA 91601, Los Angeles County, CA 91602, Los Angeles County, CA 91604, Los Angeles County, CA 91607, Los Angeles County, CA 91608, Los Angeles County, CA

Frequently asked questions

What is the year built for 7224 Melrose Avenue, Los Angeles, CA 90046?

The development at 7224 Melrose Avenue, Los Angeles, CA 90046 was built in 1925.

What is the market value of 7224 Melrose Avenue, Los Angeles, CA 90046?

The current market value of 7224 Melrose Avenue, Los Angeles, CA 90046 is $5,203,530.

What is the total square footage of 7224 Melrose Avenue, Los Angeles, CA 90046?

7224 Melrose Avenue, Los Angeles, CA 90046 has a total of 3,870 square feet.

What is the price per square foot for this property?

$1,217 per square foot is the price for 7224 Melrose Avenue, Los Angeles, CA 90046.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account