Hollywood (C20) Homes with Retail Subtype

Hollywood (C20) Homes with Retail Subtype

Welcome to Hollywood, a vibrant neighborhood nestled in the heart of Los Angeles, California. Renowned worldwide for its iconic film industry and rich cultural tapestry, Hollywood is a dynamic locale that perfectly blends entertainment with everyday living. With its palm-lined streets, historic landmarks, and a diverse community, this area is not just a destination; it’s a lifestyle.

The charm of Hollywood extends beyond its glitzy reputation. Here, you’ll find a variety of homes that cater to different tastes and lifestyles, including those with a unique retail subtype. These properties offer an exceptional opportunity for residents to combine their living space with a retail venture, making it ideal for entrepreneurs and creatives alike. Imagine waking up in your stylish apartment, stepping out to a bustling café you own, or hosting a pop-up shop right at your doorstep. This innovative living arrangement fosters a sense of community and convenience, allowing you to immerse yourself in the local culture while pursuing your passions.

Hollywood is not just about the stars; it’s about a vibrant community filled with trendy boutiques, eclectic eateries, and lively entertainment options. From the historic Hollywood Boulevard to the scenic Griffith Park, there’s always something to explore. Whether you’re an aspiring artist, a business owner, or someone seeking the excitement of city life, Hollywood offers a unique blend of opportunity and charm.

Discover your dream home in Hollywood, where living and retail seamlessly intertwine, and experience the magic of Los Angeles like never before!

Newest Hollywood (C20) Homes with Retail Subtype

$1,740,000
DW26149553 MLS Active Status
4703 Melrose Avenue consists of approximately 4,018 square feet of retail/storefront space and benefits from strong street visibility, steady pedestrian activity, and excellent frontage on a signalized corridor. The property is 100% occupied with well-seasoned tenants, some of whom have been at this location for a decade or more. The current cap rate is 5.8%, with four out of the five tenants on month-to-month leases, providing flexibility to an investor. Its corner positioning and flexible unit sizes create significant leasing upside for both investors and owner-users. The property is well suited for neighborhood-serving retail, food and beverage, service-oriented businesses, or boutique commercial tenants seeking exposure in a dense infill market. Small format retail spaces in this submarket continue to command strong tenant demand due to limited supply and high consumer density. With convenient access, established surrounding businesses, and long-term redevelopment potential, the property offers both stable income and future value-add opportunities. This multi-tenant retail property is located along the highly trafficked Melrose Avenue corridor in East Hollywood, one of Los Angeles’ most active urban retail submarkets. Melrose Hill is a dense residential and commercial neighborhood just east of Hollywood and west of Silver Lake. The area is known for its diverse population, strong local retail demand, and high daily traffic generated by surrounding residential communities, employment centers, and nearby entertainment districts. The area continues to benefit from ongoing revitalization and growing demand from both local and regional consumers. Positioned along the iconic Melrose Avenue corridor, the property enjoys direct access to major Los Angeles thoroughfares including Western Avenue, Santa Monica Boulevard, and the US-101 Freeway. The location provides efficient connectivity to Hollywood, Koreatown, Downtown Los Angeles, and Silver Lake, making it a strategic site for retail, service, and mixed-use commercial activity. The surrounding neighborhood’s strong walkability, transit accessibility, and population density support consistent consumer traffic and long-term commercial viability.

4703 Melrose, Los Angeles

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