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Landmark Blank-Canvas NoHo Arts Corner Asset 10520 Magnolia Blvd 11,331 SF Office Building North Hollywood, CA 91601 $3,300,000 ($291.24/SF)
Investment Highlights
- 10520 Magnolia Boulevard presents a flexible two-story office building on one of North Hollywood’s most recognizable commercial corridors.
- Owner/user and investor appeal suitable for creative commercial operators and 1031 buyers seeking a recognizable Valley address with long-term upside.
- Delivered vacant, free of leases, offering a new owner the ability to establish market-rate income, pursue owner-occupancy, or reposition the asset.
- Transit-oriented location steps from the North Hollywood Metro hub — B Line subway and G Line busway — with access to the 101, 134, and 170 Freeways.
- Positioned at a signalized hard corner, this standalone structure has prominent street visibility and signage at a high-traffic Magnolia Blvd corner.
- Established infill fundamentals in a proven location with a deep amenity base and durable demand across the North Hollywood/NoHo trade area.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financial Statements
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
11,331 SF
Building Class
C
Year Built
1952
Price
$3,300,000
Price Per SF
$291.24
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,666 SF
Slab To Slab
11’
Building FAR
1.39
Lot Size
0.19 AC
Zoning
LAC2 - Commercial
Parking
10 Spaces (0.88 Spaces per 1,000 SF Leased)
Amenities
- Signage
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $928,200 | |
| Land Assessment | $3,355,800 | Total Assessment | $4,284,000 |
Property Taxes
Parcel Numbers
Land Assessment
$3,355,800
Improvements Assessment
$928,200
Total Assessment
$4,284,000
Contacts
-
Karine Aslanian -
Antranik Hairabedian -
AKG | Christie's International Real Estate
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