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10544 Victory Blvd 1,250 SF 100% Leased Retail Building North Hollywood, CA 91606 $895,000 ($716/SF) 8.16% Cap Rate
Investment Highlights
- Excellent Visibility on High-Traffic Corridor
- Fully Leased – 4 Income-Producing Tenants
- LAC2 Zoning – Buyer to Verify Usage
- Stable Cash Flow with Upside Potential
- New Roof Installed in 2023
Executive Summary
Exceptional opportunity to own a fully leased, income-producing commercial property in the heart of North Hollywood. Located on a high-traffic corridor, this well-maintained building consists of multiple rental units, all currently occupied, generating a total gross monthly income of approximately $7,600.
Recent capital improvements include a new roof installed in 2023. The property sits on a 2,501 sq ft lot, zoned LAC2, offering flexibility for a wide range of commercial uses (buyer to verify).
Recent capital improvements include a new roof installed in 2023. The property sits on a 2,501 sq ft lot, zoned LAC2, offering flexibility for a wide range of commercial uses (buyer to verify).
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$91,200
|
$72.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$91,200
|
$72.96
|
| Taxes |
$11,227
|
$8.98
|
| Operating Expenses |
$8,800
|
$7.04
|
| Total Expenses |
$20,027
|
$16.02
|
| Net Operating Income |
$71,173
|
$56.94
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $91,200 |
| Annual Per SF | $72.96 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $91,200 |
| Annual Per SF | $72.96 |
| Taxes | |
|---|---|
| Annual | $11,227 |
| Annual Per SF | $8.98 |
| Operating Expenses | |
|---|---|
| Annual | $8,800 |
| Annual Per SF | $7.04 |
| Total Expenses | |
|---|---|
| Annual | $20,027 |
| Annual Per SF | $16.02 |
| Net Operating Income | |
|---|---|
| Annual | $71,173 |
| Annual Per SF | $56.94 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,250 SF
Building Class
B
Year Built
1951
Price
$895,000
Price Per SF
$716
Cap Rate
8.16%
NOI
$73,062
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.06 AC
Zoning
LAC2 - LAC2 Zoning – Buyer to Verify Usage
Parking
4 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
25’ on Victory Blvd
Amenities
- Fenced Lot
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2414-019-014 | Total Assessment | $277,231 (2025) |
| Land Assessment | $184,825 (2025) | Annual Taxes | $11,227 ($8.98/SF) |
| Improvements Assessment | $92,406 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
2414-019-014
Land Assessment
$184,825 (2025)
Improvements Assessment
$92,406 (2025)
Total Assessment
$277,231 (2025)
Annual Taxes
$11,227 ($8.98/SF)
Tax Year
2024
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10544 Victory Blvd
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