Los Angeles CA Real Estate & Commercial for Sale

We are proud to present an exceptional investment and land banking opportunity at 4318 Melrose Avenue and 658 Heliotrope Drive, offered at $8,900,000-$7,400,000 for the Melrose store-front retail center and $1,500,000 for the Heliotrope parcel. Situated on a combined 27,526 SF lot with LAC2 and LAR3 zoning, the property allows for a future development of up to 132 residential units (77 on Melrose and 55 on Heliotrope). The existing improvements include a 13,540 SF multi-tenant retail and office building with seven units, two currently vacant, offering strong income potential and immediately expiring leases that allow for favorable renegotiation. The Heliotrope parcel serves as dedicated tenant parking with 38 total spaces. Strategically positioned at a high-visibility corner, the property is just two blocks from the 101 Freeway and between two Metro Red Line stations, ensuring excellent accessibility. Surrounded by the vibrant Virgil Village dining scene, Erewhon Silver Lake, and cultural hotspots, this offering presents an unparalleled opportunity for investors seeking strong cash flow, value-add potential, and long-term redevelopment in one of Los Angeles' most dynamic neighborhoods.

Exceptional Standalone Commercial Building...Discover a unique opportunity with this versatile commercial space! Featuring two separate front entrances, this property allows the buyer to utilize the entire building or lease one side for additional income. Operated as an Art Gallery & Cafe. The space boasts stunning hardwood floors and striking vaulted ceiling beams that create a warm and inviting atmosphere.At the rear, a charming seating oasis offers a perfect retreat, making this property ideal for a variety of businesses, including retail, office space, a boutique storefront, a coffee shop, and more. Don't miss this rare opportunity to own a distinctive and flexible commercial building in a prime location!

SELLER DECIDED TO LOWER THE PRICE OF THE PROPERTY TO MATCH THE CAP RATE OF 5.5%". An exceptional investment opportunity! This highly attractive property features a front 4-unit building, each unit offering 2 bedrooms, 1 bathroom, a spacious living room, and in-unit laundry hookups. Additionally, each unit comes with its own designated parking garage. At the rear, there is a separate standalone single unit with 2 bedrooms and 1 bathroom, providing added versatility and value. Close to several hospitals, metro station, LACC, shopping and Hollywood itself. This is a fantastic opportunity for all Investors.

MORE is pleased to present 800 N Hobart Blvd, Los Angeles, CA 90029. Duplex on over 7,280 SF lot in the heart of Melrose Hill. Huge value-add opportunity and huge upside in rents. Upside redevelopment potential TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (RD1.5-1XL zoning). Newly updated interior. 2.94 kW roof mounted photovoltaic solar system on both the main house and back unit which efficiently reduces electricity bills. Sub-metered. Walk Score of 90 (Walkers Paradise). Excellent location near the major transit stops, highways (US-101 & SR-2) and shopping centers. Just two miles west of Hollywood, and five miles east of Downtown L.A. The subject property consists of total two (2) units totaling 2,142 SF on a sizable 7,281 SF lot. Mix of total one (1) 3beds/2baths unit and one (1) 1bed/1bath unit. The duplex property is being sold "as-is." DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.

Adjacent to the Hollywood Presbyterian Medical Center.Vacant land - Redevelopment Opportunity. Zoning is RD1.5-1XL (Tier 3). It can be acquired along with 1269 Lyman Place. Children's Hospital Los Angeles and Kaiser Permanente Medical Center are within walking distance. Walking distance to the Metro Rail (Red Line) at Vermont and Sunset.Convenient access to the 101 Hollywood Freeway.

Adjacent to the Hollywood Presbyterian Medical Center.Vacant land - Redevelopment Opportunity. Zoning is C2-CSA1 (Tier 3). Part of the East Hollywood SNAP Plan - Allows for 3.0 / 1 F.A.R.Additional benefit for Hospital development - Allows for 4.5 / 1 F.A.R. with up to 200 ft height limit.Children's Hospital Los Angeles and Kaiser Permanente Medical Center are within walking distance. Walking distance to the Metro Rail (Red Line) at Vermont and Sunset.Convenient access to the 101 Hollywood Freeway.