Investment Opportunity: A rare chance to acquire a value-add shopping center with flexible, month-to-month leases, offering multiple avenues for upside in a high-visibility East Hollywood location.
Occupancy & Tenants: Currently 93% occupied with a mix of tenants, including four restaurants (one with a Type 41 license), a service-oriented business, and a billboard lease. All tenants are on month-to-month agreements and paying well below market rents, offering immediate upside through repositioning, re-leasing, or redevelopment. One retail space remains vacant, providing a direct path to value creation.
Market Timing: Listed for the first time in over 20 years.
Property Details:
-Building Size: ±5,665 SF
-Lot Size: ±13,438 SF
-Frontage: 130+ feet along Hollywood Blvd
-Location & Visibility: Situated at the high-profile intersection of Hollywood Blvd and Winona Blvd, in the heart of East Hollywood.
-Traffic: Average daily traffic of 30,000 vehicles
-Nearby Amenities: Strategically located along the southern edge of Los Feliz and less than a mile from Gelson’s, Lassen’s, Target, Whole Foods, Barnsdall Art Park, and the 101-Fwy.