Los Angeles Homes with Retail Subtype

Los Angeles Homes with Retail Subtype

Welcome to Los Angeles, the vibrant heart of California, where sunshine, culture, and opportunity converge. Known for its iconic landmarks, diverse neighborhoods, and a rich tapestry of lifestyles, LA is a city that truly has something for everyone. From the glitz of Hollywood to the serene beaches of Santa Monica, the sprawling metropolis offers a unique blend of urban excitement and laid-back charm.

For those seeking a home that doubles as a business opportunity, consider the allure of homes with a retail subtype. These properties not only provide a cozy living space but also present the perfect chance to tap into the bustling LA marketplace. Imagine waking up to the vibrant energy of your own café or boutique just steps away from your front door, all while enjoying the comfort of your residence.

In neighborhoods like Silver Lake and Westwood, homes with retail space are becoming increasingly popular. These areas boast a thriving community atmosphere, with foot traffic from locals and tourists alike, making them ideal for entrepreneurs and small business owners. Whether you’re dreaming of a chic storefront or a cozy studio, LA’s real estate market offers a plethora of options to suit your vision.

In Los Angeles, you’re not just purchasing a property; you’re investing in a lifestyle. Embrace the dynamic culture, connect with a diverse community, and create a space that reflects both your personal style and professional ambitions. Come explore the possibilities that await you in this captivating city!

Newest Los Angeles 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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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.