Hollywood (C20) Homes with Retail Subtype

Hollywood (C20) Homes with Retail Subtype

**Discover the Vibrant Charm of Hollywood, CA**

Welcome to Hollywood, the heart of Los Angeles and a captivating blend of history, culture, and modern living. Known worldwide as the entertainment capital, Hollywood offers more than just its iconic landmarks; it’s a thriving community where creativity meets urban sophistication.

Nestled in Los Angeles County, Hollywood boasts a rich tapestry of diverse neighborhoods, each with its own unique character. From the bustling Hollywood Boulevard, home to the Walk of Fame and the historic TCL Chinese Theatre, to the serene streets of the Hollywood Hills, residents enjoy a lifestyle that’s both dynamic and inviting. The area is a hub for artists, dreamers, and professionals alike, making it a vibrant environment to call home.

For those seeking a unique living experience, Hollywood also features homes with a retail subtype. These properties provide a seamless blend of residential comfort and commercial opportunity, perfect for entrepreneurs looking to establish a business right at their doorstep. Imagine waking up in a stylish loft, then stepping downstairs to your very own café or boutique—this lifestyle is not just a dream but a reality in Hollywood.

With a plethora of dining options, eclectic shops, and cultural venues, residents are never far from entertainment and leisure. The area is also well-connected, making commuting to downtown Los Angeles or the greater metropolitan area a breeze.

Whether you’re an aspiring artist, a business owner, or simply someone looking to enjoy the vibrant lifestyle that Hollywood offers, this iconic neighborhood is ready to welcome you home. Experience the magic of Hollywood living—where every day is a new adventure!

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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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.