1259 N Las Palmas Ave 2,800 SF 100% Leased Retail Building Los Angeles, CA 90038 $1,800,000 ($642.86/SF)

A rare opportunity to acquire a historic freestanding mixed-use building in the heart of Hollywood, with the option to purchase an established market business on site. The property, originally built in 1912, offers approximately 1,040 SF of building area on a 4,600 SF lot, and combines both retail and residential use. This highly walkable, transit-accessible location provides outstanding visibility and long-term upside potential for investors or owner-users.
In addition, the current market business generates approximately $15,000/month in net income, and is available for purchase at $300,000, either separately or in conjunction with the real estate asset.
Strategically located just off Santa Monica Blvd & Highland Ave, the property sits in the heart of Hollywood’s residential and entertainment district. The area benefits from high pedestrian traffic, excellent demographics, and strong neighborhood demand for daily services and retail.