THE NEIGHBORHOOD
1. DELILAH
7969 Santa Monica Boulevard
2. YSABEL
945 N Fairfax Avenue
3. CONNIE & TED’S
8171 Santa Monica Boulevard
4. EMPLOYEES ONLY
7953 Santa Monica Boulevard
5. FATBURGER
7450 Santa Monica Boulevard
6. JON & VINNY’S
412 N Fairfax Avenue
7. DAVES HOT CHICKEN
465 N Fairfax Avenue
8. GELSONS
8330 Santa Monica Boulevard
9. WHOLE FOODS
6350 W 3rd Street
10. TRADER JOES
175 S Fairfax Avenue
11. WEHO FARMERS MARKET
1200 N Vista Street
12. WESTERN KOSHER
444 N Fairfax Avenue
13. THE LAUGH FACTORY
8001 Sunset Boulevard
14. THE GROVE
189 The Grove Drive
15. THE BEVERLY CENTER
8500 Beverly Boulevard
16. PAN PACIFIC PARK
7600 Beverly Boulevard
17. CROFT ALLEY
8428 Melrose Place
18. NORDSTROM LOCAL
8401 Melrose Place
19. BARRY’S BOOTCAMP
1106 N La Cienega Boulevard
20. EQUINOX
8590 Sunset Boulevard
21. BALMAIN
8421 Melrose Place
22. URTH CAFFE
8565 Melrose avenue
23. HARMONY STUDIOS PILATES
8440 Santa Monica Boulevard
24. SOHO HOUSE LITTLE HOUSE
8465 Holloway Drive
MELROSE PLACE
Home to the first Alfreds Coffee and Alfreds Tea Room. Since opening on Melrose Place in 2013, Alfred has made waves with sleek decors, killer customer service, and innovative coffee and tea drinks.
Melrose Place is one of L.A.’s most famous streets, featuring a myriad of shopping, dining and entertainment destinations. Famous boutique stores include like Zimmerman, Chloe, and Balmain.
Along its avenue, Melrose place is all about strolling and shopping its world famous boutiques and grabbing a small bite at Croft Alley or a coffee at Alfreds. This is what we call Beverly Hills meets West Hollywood. Melrose place also features a Farmer’s Market every Sunday.
CEDARS SINAI MEDICAL CENTER
Close proximity to Cedars-Sinai Medical Center. Since its inception in 1902, Cedars-Sinai has evolved to become the largest nonprofit hospital in the western United States — one that’s internationally renowned for the best patient care modern medicine has to offer. “Our support of the Los Angeles community grows stronger every day with our commitment to providing superior patient care, breakthrough biomedical research, graduate and undergraduate medical education and community service”. Cedars Sinai has over 15,000 emolyees and students, where many live close by and require rentable housing.
SHOPPING & DINING
THE GROVE
Named one of the best places to shop in LA. The Grove includes over 50 shops and restaurants, including departments stores like Nordstrom and amazing attractions. From the historical Original Farmers Market to the trolly ride, The Grove is a the place where Los Angeles residents and visitors gather to enjoy the LA life.
BEVERLY CENTER
With over 100 famous boutique shops, the Beverly Center is also a part of LA’s top shopping district. Features department stores, oversees boutiques, and famous restaurants like Tocaya and Egg Slut. The Grove is not only a place where LA residents visit but also many have created a career there.
THE SUNSET STRIP
The heart of LA’s social and night life. Fine dining, lively clubs and bars, boutique shops, concerts and shows, and immense walking distance destinations, there is no shortage of activity on the Sunset Strip.
THE METRO
METRO PURPLE (D LINE) - EXTENSION TRANSIT PROGRAM
Metro has a plan to make it easier to get around by expanding the rail system to the Westside with the Purple (D Line) Extension Transit Project. This critical, highly anticipated new addition to Metro’s network will add seven new stations and a reliable, high-speed connection between downtown and the Westside. The new line will go through West Hollywood on Wilshire Blvd. and will bring an influx of potential tenants and renters who rely on public transportation.
DEMOGRAPHICS
EDUCATION ATTAINMENT
45% of residents have a bachelors degree, 21% have a graduate degree. Highly educated means better work field, hence higher income brackets, better stability and tenancy capability.
TOTAL NUMBER OF HOUSE
73% are renter occupied. High concentration of renters in the area means less vacancies in properties. Income properties are always in demand in these locations.
AVERAGE HOUSEHOLD INCOME
Average household income is $129,697. High income equals paying high rent/market rent prices, sophisticated workforce. Change in income shows strong growth for moving ahead towards 2026, this is always best for income properties.
age distribution
Over 55% of residents are between ages of 20-49 which means working professionals.
LABOR FORCE
Over 87% of the population is employed which means continuous payment for rental properties.