Hollywood (C20) Homes with Retail Subtype

Hollywood (C20) Homes with Retail Subtype

Welcome to Hollywood, a vibrant and iconic neighborhood located in the heart of Los Angeles, California. Known worldwide as the entertainment capital of the world, Hollywood is a bustling and diverse community that offers a unique blend of culture, history, and excitement.

Hollywood is home to a variety of real estate options, including homes with a Retail Subtype. These properties combine the convenience of living in a residential area with the added benefit of having retail spaces on the premises. Whether you're looking to open a small business or simply enjoy the convenience of having shops and services right at your doorstep, homes with a Retail Subtype in Hollywood offer a one-of-a-kind living experience.

In addition to its real estate offerings, Hollywood boasts a wide range of amenities and attractions. From world-famous landmarks like the Hollywood Walk of Fame and the TCL Chinese Theatre to trendy restaurants, boutiques, and nightlife hotspots, there's always something exciting to see and do in this dynamic neighborhood.

With its prime location in Los Angeles County, Hollywood provides easy access to major highways, public transportation, and top-rated schools, making it an ideal choice for families, professionals, and anyone looking to experience the best that LA has to offer.

If you're ready to immerse yourself in the glitz and glamour of Hollywood living, homes with a Retail Subtype in this vibrant neighborhood are the perfect choice for those seeking a unique and convenient lifestyle.

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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