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SPECTACULAR NEW PRICE REDUCTION PRIME MELROSE HILL MIXED-USE INVESTMENT OPPORTUNITY! Newly Priced to Sell! An exceptional opportunity for savvy investors to acquire a mixed-use income-producing property in the highly desirable Melrose Hill neighborhood of East Hollywood! This property offers an attractive combination of commercial and residential income, featuring three street-facing retail spaces with excellent visibility along busy Western Avenue, plus 10 studio units located at the rear with convenient private alley access. Investors will appreciate the diversified income potential, established neighborhood, and exciting possibilities for future growth and appreciation. Ideally situated near popular dining, shopping, thriving businesses, residential communities, and public transportation, this property is positioned in one of Los Angeles' evolving urban markets. With a spectacular new lower asking price, this is an opportunity worth a closer look! Whether you're expanding your investment portfolio or seeking a well-located mixed-use asset with long-term upside potential, this property deserves your attention. Bring your vision, explore the possibilities, and take advantage of the seller's new pricing!
Property Type(s):
Residential Income
| Last Updated | 10/16/2026 | Year Built | 1930 |
|---|---|---|---|
| Community | C20 - Hollywood | County | Los Angeles |
Price History
| Prior to Oct 16, '26 | $2,328,000 |
|---|---|
| Oct 16, '26 - Today | $1,975,000 |
Additional Details
| AIR | None |
|---|---|
| AREA | C20 - Hollywood |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 7645 sq ft |
| LOT DIMENSIONS | 56x136 |
| PARKING | Garage, Gated, Tandem |
| SEWER | Other |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Coldwell Banker Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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