West Hollywood Commercial Real Estate Overview
West Hollywood (colloquially referred to as WeHo) is famous for its vibrant commercial corridors, dining establishments and eccentric nightlife focused on Santa Monica Blvd and the Sunset Strip.
West Hollywood is a unique submarket in Los Angeles – known worldwide for its famous restaurants, luxury hotels offering world-class accommodations, art galleries and specialty shops featuring the hottest in designer trends. West Hollywood has adopted one of the strongest rent control laws in the nation.
The Cesar Pelli designed Pacific Design Center has helped distinguish West Hollywood as the “interior design capital of the Pacific Rim.” The center houses more than two hundred showrooms, antique shops and art galleries, and is the perfect location for exhibits and conferences.
The western stretch of Melrose Avenue, between Fairfax Avenue and Doheny Drive, is notable for its trendy clothing boutiques, interior design shops, restaurants and antique stores. The west end of Melrose Avenue, near the Pacific Design Center, is especially known for its exclusive furniture.
West Hollywood is bordered on the north by the Hollywood Hills neighborhood of Los Angeles, on the east by the Hollywood district of Los Angeles, on the south by the Fairfax district of Los Angeles, and on the west by the city of Beverly Hills.
West Hollywood benefits from a very dense, compact urban form with small lots, mixed land use, and a walkable street grid. According to Walkscore, a website that ranks cities based on walkability, West Hollywood is the most walkable city in California with a Walkscore of 89.
In 1984, residents in West Hollywood organized to maintain rent control. When Los Angeles County began planning to discontinue rent controls, West Hollywood was a densely populated area of renters, many of whom would not be able to afford to keep up with the generally rapid raises in rent in the Los Angeles area.
