Hollywood (C20) Homes with Retail Subtype

Hollywood (C20) Homes with Retail Subtype

Welcome to Hollywood, a vibrant and iconic neighborhood located in Los Angeles, California. Known for its glitz and glamour, Hollywood is the entertainment capital of the world, where dreams come to life on the silver screen.

Hollywood offers a unique blend of history, culture, and modern living. From the historic Walk of Fame on Hollywood Boulevard to the trendy shops and restaurants on Sunset Strip, there is always something exciting to explore in this dynamic neighborhood.

If you are looking for a home in Hollywood with a Retail Subtype, you are in luck. Hollywood boasts a variety of properties that cater to those looking to live, work, and play in the heart of the action. Imagine living in a stylish loft above a bustling retail space or a cozy apartment just steps away from your favorite shops and cafes.

Whether you are a young professional looking for a convenient urban lifestyle or a family seeking a vibrant community to call home, Hollywood has something for everyone. With its prime location in the heart of Los Angeles, Hollywood offers easy access to top-rated schools, world-class dining, and endless entertainment options.

Don't miss your chance to be a part of this legendary neighborhood. Explore the homes with Retail Subtype in Hollywood and find your perfect place in this exciting and diverse community.

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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