$595,460Average Value$302Average Price per Sq Ft3Homes For Sale
Historic homes and nearby dining and shopping make life in Hollywood enjoyable
Named for the landmark Hollywood Theater at the center of the neighborhood's shopping district, Hollywood is a small, historic neighborhood in East Portland. The neighborhood is split between retail and commercial spaces along Sandy Boulevard, which diagonally bisects the neighborhood, and residential blocks surrounding the thoroughfare. Like most neighborhoods in the area, Hollywood’s homes and commercial buildings mainly were constructed during the first decades of the 20th century. Buyers will find well-updated bungalows, Craftsman-style homes, and American Foursquare homes, as well as newer townhouses and condominiums, some with funky street-level retail.
The popular historic district of Hollywood features street murals that testify to the artistic talent of locals. It also hosts the Hollywood Farmers Market each Saturday with more than 50 vendors, live music and activities for the whole family. While there’s a lot to love about Hollywood, buyers should be aware that, not unlike many downtown Portland areas, they will encounter homelessness and other challenges. While that can be concerning to newcomers, it does have the effect of leveling real estate prices, which can make buying desirable historic homes a bit easier. And, as Realtor Spencer Brennan, founder of Relevant Real Estate LLC, and a Portland real estate agent for over six years explains, “Hollywood is known for its strong sense of community. Neighbors talk daily, exchange information, check up on each other and participate in Neighborhood Watch activities. That makes for a strong neighborhood no matter what the challenges are.”
Hollywood is a small, historic neighborhood in East Portland.
Portland residents enjoy outdoor dining at restaurants like Doe in the Hollywood neighborhood,
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Standout eateries and legendary English pubs get attention in Hollywood
Lavishly appointed Hollywood Theatre has been drawing Portland moviegoers for nearly a century, and today they feature new, classic, and independent films. Quirky retailers include Crooked House Books and iconic thrift shop Ray’s Ragtime. The neighborhood’s small size belies its vast assortment of top-quality restaurants. Vegan donut and ice cream shop Doe Donuts, Korean grill The Bulgogi, and historic Chin’s Kitchen, are just a few. Locals enjoy a pint and autographed photos of movies stars and famous sports figures at legendary English pub The Moon and Sixpence. For grocery shopping, they’ll head to Whole Foods, Target, Trader Joe’s and Grocery Outlet.
Art shows, flower basket decorating and the Rose Festival are popular events in Hollywood
In addition to movies at Hollywood Theater, the Hollywood Boosters Business Association hosts regular events in the neighborhood including holiday art shows and Christmas caroling, the Rose Festival Parade and a Veteran’s Day Parade.
Bungalows and Craftsman-style homes are hot in Hollywood
1920s Bungalows list from about $440,000 to $550,000 while American Foursquares have sold from about $580,000 to $700,000. Craftsman-style homes have recently sold from $725,000 to $850,000. Buyers can also find new condominiums for about $400,000.
American Foursquare homes are popular throughout Portland's Hollywood neighborhood.
Quaint bungalows with spacious patios house resident's of the Hollywood neighborhood.
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Large and small parks offer trails, fields and swimming pools
While there aren’t any parks in this bite-size neighborhood, nearby Grant Park, located just a couple blocks northwest of Hollywood, has trails, athletic fields, and a swimming pool, not to mention a sculpture honoring the characters from books by Beverly Cleary. Residents work out at nearby 24 Hour Fitness and head east to Normandale Dog Park for off-leash play for their pups.
I-84 connects locals from Portland to Boise
Interstate 84 runs from east to west through the south edge of Hollywood and connects residents southwest to downtown Portland. It then continues east toward the Wallowa-Whitman National Forest and then southeast to Boise, Idaho. Three MAX Light Rail lines run through the local station, but be aware that maximum speeds are 35 miles per hour, so if time is of the essence, driving might prove faster.
Notable Beverly Cleary School resides in Hollywood
While there are no schools in Hollywood itself, the neighborhood is part of the Portland Public Schools District with an overall Niche grade of B. Beverly Cleary School offers Kindergarten through eighth grade, earns an A-minus grade from Niche and is named after one of America’s most successful children’s book authors who grew up in the Grant Park neighborhood. Grant High School is not only ranked as the No. 3 best public high school in Multnomah County by Niche, but Niche gives it an overall grade of A-minus.
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Hollywood is a great neighborhood. Lots of local breweries and restaurants. Lots of parks and food cart pods, family friendly. Easy to commute on bus or bike. Easy to get around. Laurelwood brewery is great for beer and welcomes kids. The golf course has lots of walking paths and a playground with tennis courts and baseball/soccer fields
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Hollywood Demographics and Home Trends
On average, homes in Hollywood, Portland sell after 35 days on the market compared to the national average of 52 days. The median sale price for homes in Hollywood, Portland over the last 12 months is $575,000, up 4% from the median home sale price over the previous 12 months.
Top floor condo located in the Hollywood district, this stunning two bedroom two bathroom unit has all the polished finishes required for luxury living. In the living room the high ceilings and giant picture windows give a light and airy feel to the condo. The kitchen has stunning quartz counters, and the island has a waterfall edge with space for bar stools. It is also outfitted with stainless
Step into this stunning residence and be greeted by an open concept floor plan bathed in natural light. Expansive windows and lofty ceilings create an airy atmosphere, perfect for modern living. The spacious living room flows seamlessly into the well-appointed kitchen and dining area, ideal for entertaining. The kitchen boasts warm cabinetry, gleaming stainless steel appliances, and beautiful
Darryl BodleKeller Williams Realty Portland Premiere
Step into this stunning residence and be greeted by an open concept floor plan bathed in natural light. Expansive windows and lofty ceilings create an airy atmosphere, perfect for modern living. The spacious living room flows seamlessly into the well-appointed kitchen and dining area, ideal for entertaining. The kitchen boasts warm cabinetry, gleaming stainless steel appliances, and beautiful
Darryl BodleKeller Williams Realty Portland Premiere
Experience everything modern, urban living has to offer at Laurel42, perfectly situated in the heart of the eclectic Hollywood neighborhood of Northeast Portland. Our incredible community offers contemporary studio, one, and two-bedroom apartment homes appointed with top-of-the-line finishes and convenient amenities designed with the on-the-go Portlander in mind.
Discover the perfect blend of style and convenience at Hollywood 12, nestled in the heart of Portland's vibrant Hollywood District! This chic 1- and 2-bedroom, 1-bathroom apartment is now available, offering an urban living experience that's both sophisticated and exhilarating. Immerse yourself in one of the city's most dynamic neighborhoods and make this modern gem your next
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
