Hollywood (C20) Homes with Retail Subtype

Hollywood (C20) Homes with Retail Subtype

Welcome to Hollywood, California, where the glitz and glamour of the entertainment industry meets vibrant community living. Nestled in the heart of Los Angeles County, Hollywood offers a unique blend of culture, history, and modern conveniences that make it one of the most sought-after neighborhoods in Southern California.

Hollywood is renowned for its iconic landmarks, including the Hollywood Walk of Fame, the historic TCL Chinese Theatre, and the stunning Griffith Observatory. This lively area is not just a tourist destination; it's a thriving community where residents enjoy a rich tapestry of art, music, and culinary experiences. With a diverse array of shops, restaurants, and entertainment venues, there's always something to explore just around the corner.

For those looking to invest in this dynamic region, homes with a retail subtype in Hollywood present a unique opportunity. These properties seamlessly blend residential comfort with commercial potential, allowing homeowners to live and work in the same vibrant space. Imagine waking up in your stylish apartment, stepping out to your own café or boutique, and being part of the bustling Hollywood scene.

Whether you’re a creative professional seeking inspiration or a family looking for a lively neighborhood with excellent schools and parks, Hollywood has something for everyone. With its rich history, vibrant community, and diverse real estate options, Hollywood is not just a place to live; it’s a lifestyle. Discover your dream home in this iconic neighborhood today and be part of the magic that is Hollywood!

Newest Hollywood (C20) Homes with Retail Subtype

4703 Melrose, Los Angeles
$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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