Los Angeles County  »  7224 Melrose Ave

7224 Melrose Avenue, Los Angeles, CA 90046 Property Information

7224 Melrose Avenue, Los Angeles, CA 90046 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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7224 Melrose Avenue, Los Angeles, CA 90046
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Address

Primary address 7224 Melrose Avenue, Los Angeles
Alternate address(es) 7222 W Melrose Ave
7222 1/2 W Melrose Ave
7224 W Melrose Ave
Zip code 90046
County Los Angeles
Municipality Los Angeles
Neighborhood Fairfax

Sales & Tax Overview for 7224 Melrose Avenue, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 06/23/2022
Sale price $4,713,000
Arm's length
Current property tax $67,699

Lot & Building Information for 7224 Melrose Avenue, Los Angeles

Building sqft 3,870
Total sqft 6,226
Building class Store - One Story (1100)
Acreage 0.238
Buildings on lot 2
Units 2
Year built 1925
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 7224 Melrose Avenue, Los Angeles

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  • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 7224 Melrose Avenue, Los Angeles

How many sq. ft. does 7224 Melrose Avenue, Los Angeles, CA 90046 have & what is the price per sq. ft?

This Store - One Story (1100) located at 7224 Melrose Avenue, Los Angeles, CA 90046 has a total of 3,870 square feet and a current price per square foot of $1,217.

What is the year built & the current market value of 7224 Melrose Avenue, Los Angeles, CA 90046?

7224 Melrose Avenue, Los Angeles, CA 90046 was built in 1925 and has a current tax assessor's market value of $5,101,501.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 7224 Melrose Avenue, Los Angeles

Create a free account to view the complete sales history for 7224 Melrose Avenue, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
06/23/2022 $4,713,000
12/28/1995 $964,491
       
       
       
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Title Documents for 7224 Melrose Avenue, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
06/23/2022 Agreement
06/23/2022 Assignment of Rents
06/23/2022 Assignment of Rents
Financing Statement
Trust Deed
06/23/2022 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
08/19/2021 Financing Statement
04/02/2018 Reconveyance
03/06/2018 Assignment of Rents
03/06/2018 Assignment of Rents
Financing Statement
Trust Deed
12/23/2013 Grant Deed
(File correction - Single parcel sale)
10/23/2013 Trust Transfer Deed
(File correction - Single parcel sale)
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R: Recorded date
D: Document date

Property Taxes for 7224 Melrose Avenue, Los Angeles

Access detailed property tax data for 7224 Melrose Avenue, Los Angeles, CA 90046. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $60,575
Current property tax $67,699
Market value $5,101,501

Special Assessments And Penalties for 7224 Melrose Avenue, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

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

Assessment History for 7224 Melrose Avenue, Los Angeles

Here's the assessment & property tax history for 7224 Melrose Avenue, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year 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%

Permits for 7224 Melrose Avenue, Los Angeles

The complete history of permits filed for 7224 Melrose Avenue, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
05/12/2025
12/06/2022
09/28/2018
03/09/2016
02/22/2011
02/26/2004
02/11/2004
01/02/2004
11/20/2003
11/20/2003
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 48,296
Median age 40.2
Average household income $151,268
Family households 27.8%
Occupied housing units 28,727
Owner occupied units 22.2%
Average number of people per household 1.66
Median year structure built 1966
Median value for units with a mortgage $1,584,300
Median value for units without a mortgage $1,322,000

Risk

Create a free account to unlock extended information for 7224 Melrose Avenue, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Earthquake-induced liquefaction area

Transportation

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

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Neighbors for 7224 Melrose Avenue, Los Angeles

Here are the neighbors for 7224 Melrose Avenue, Los Angeles.

Address Square feet Purchase date Purchase price
637 N Formosa Ave, Los Angeles 2,017 06/05/2025
617 N Formosa Ave, Los Angeles 1,510 06/28/2002
603 N Formosa Ave, Los Angeles 1,399 04/22/2025 $1,580,000
7280 Melrose Ave, Los Angeles 4,843 02/04/2014 $3,120,000
607 N Formosa Ave, Los Angeles 2,330 11/08/2019
7215 Clinton St, Los Angeles 1,129 09/22/2023 $1,350,000
7217 Clinton St, Los Angeles 1,500 11/18/2009
624 N Poinsettia Pl, Los Angeles 1,162 04/16/2003
633 N Formosa Ave, Los Angeles 1,453 10/27/2025 $2,925,000
7206 Melrose Ave, Los Angeles 2,054 11/20/1998
7210 Melrose Ave, Los Angeles 2,081 01/31/2014 $950,000
7250 Melrose Ave, Los Angeles 11,368 04/25/2022 $8,125,000
632 N Poinsettia Pl, Los Angeles 2,112 06/08/2023
628 N Poinsettia Pl, Los Angeles 1,900 07/12/2012
615 N Formosa Ave, Los Angeles 2,558 12/01/2020
623 N Formosa Ave, Los Angeles 1,601 04/13/2018
638 N Poinsettia Pl, Los Angeles 2,429 07/12/2012
7214 Melrose Ave, Los Angeles 3,200 07/09/2013 $1,200,000
627 N Formosa Ave, Los Angeles 1,784 06/02/2023
7220 Melrose Ave, Los Angeles 3,200 03/31/2014 $1,540,000

Nearby ZIP Codes for 7224 Melrose Avenue, Los Angeles

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