The actress, who plays Naomi Clark, told E! Online that there have been discussions at the network about the possibility of linking the two programmes.
"The producers have actually mentioned that to us," she explained.
"We don't know who or where or what or when yet, but they want that very much."
The original Melrose Place, which aired from 1992 until 1999, was a spinoff from Beverly Hills, 90210. The rebooted 90210 began airing last year.
However, McCord went on to joke that she would prefer a crossover with another CW show, because she thinks her character would be a perfect match for Gossip Girl's Chuck Bass (Ed Westwick).
"I think the Beverly Hills bad girl should team up with New York's bad boy and have some fun. It would be naughty-naughty!" she said.