Yes, but it requires a very generous of 'close by,' or 'good.' Empress Pavillion, in Chinatown, is okay, and a mere 10 miles away in the SGV, there is much to be had. In Hollywood/Weho itself - no.
I agree. The closest decent is Empress, but if you're going to get on the 101 or 10 East anyway, you might as well keep going a few more miles to the SGV.