Hollywood (C20) Homes with Retail Subtype

Welcome to Hollywood, a vibrant neighborhood in the heart of Los Angeles, California, where the glitz and glamour of the entertainment industry meet the charm of residential living. Known worldwide as the epicenter of film and television, Hollywood is not just a destination for tourists; it’s a thriving community that offers a unique blend of lifestyle and opportunity.

In Hollywood, you’ll find a diverse array of homes, including those with a retail subtype, perfect for entrepreneurs and creatives looking to combine work and play. These properties provide an exceptional opportunity to live in a dynamic environment while running a business right at your doorstep. Imagine waking up in your stylish loft, stepping out to grab a coffee at a local café, and then heading to your boutique or art studio—all without the hassle of a long commute.

The neighborhood boasts a rich cultural scene, with iconic landmarks like the Hollywood Walk of Fame, the historic TCL Chinese Theatre, and the stunning Griffith Observatory. Residents enjoy a plethora of dining options, from trendy eateries to classic diners, ensuring there’s something for every palate. The vibrant nightlife, with its array of bars, theaters, and live music venues, adds to the allure of living in this bustling area.

With its perfect blend of residential charm and commercial potential, Hollywood is an ideal place for those looking to immerse themselves in a lively community while pursuing their entrepreneurial dreams. Explore the possibilities that await you in this iconic neighborhood!

Newest Hollywood (C20) Homes with Retail Subtype

$2,500,000

GD26162525 MLS ⋅ Active Status

1125 N Vermont, 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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