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10443-10445 Magnolia Blvd 3,020 SF 100% Leased Office Building North Hollywood, CA 91601 $1,449,000 ($479.80/SF)



Investment Highlights
- Great Owner User property, Owner lives on property and has a flower shop there since 1989
- So many options and potential
- Nice views from 2nd floor unit
Executive Summary
Incredible price for this unique property. Business and Living situation with 4 addresses. A large Condo above with 3 bedrooms and 1 full bath at 10445 1/2 Magnolia Blvd. A Studio unit with a full bath and kitchen with dining area at 10443 1/2 Magnolia Blvd. First floor has 2 retail offices (one with a store front) and 1 bath at 10443 Magnolia Blvd. And there is also a large workspace with high ceilings, great for Contractor, Real Estate office, Dance or Art Studio, Music studio, Merchandise store and/or storage, Coffee shop, Flower shop, with a bathroom at 10445 Magnolia Blvd. There is separate gas meters and electrical panels, 2 car garage, additional parking with gated acces from rear alley. Close proximity to convenience stores, restaurants, schools, essential services, Toluca Lake, Burbank, and major freeways. Don't miss out on the chance to own in this sought-after neighborhood. You must see this combined Commercial/Residential property to see all of it's potential. Zoned CA2. Owners and family have lived upstairs and have had a flower shop business downstairs since 1989. Must see to appreciate. CALL NOW TO SCHEDULE A PRIVATE SHOWING!! You don't want to miss this one.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
3,020 SF
Building Class
C
Year Built
1948
Price
$1,449,000
Price Per SF
$479.80
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,510 SF
Building FAR
0.98
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
LAC2 - Mixed Use - Residential / Commercial CA2. Great owner user property.
Parking
5 Spaces (1.66 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Smoke Detector
1 1
Walk Score®
Very Walkable (82)
Property Taxes
| Parcel Number | 2417-017-006 | Improvements Assessment | $253,318 |
| Land Assessment | $309,625 | Total Assessment | $562,943 |
Property Taxes
Parcel Number
2417-017-006
Land Assessment
$309,625
Improvements Assessment
$253,318
Total Assessment
$562,943
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
SoCal Life Realtors, Inc
10443-10445 Magnolia Blvd
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