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11026 Magnolia Blvd 1,279 SF Retail Building North Hollywood, CA 91601 $2,490,000 ($1,946.83/SF)



Investment Highlights
- NoHo Arts District with lots of foot and street traffic
- Large patio, open plan, greenery, light
Executive Summary
PRICE REDUCED! Retail/Restaurant space with ~1200sqft building (kitchen, office, storage, bar/counter, dining) on ~6Ksqft lot and mostly outdoor/patio dining area with bar, lounge, large tree, and water features. Currently has a rustic, tropical and mediterranean vibe. Sold AS IS with existing equipment and furniture. Suitable for owner/user, use as is retail space/restaurant, or great opportunity for an investor/developer. Located in the highly desirable NoHo Arts District and Enterprise Zone with possibility for mixed-use and potential for teardown and multi-story building. For sale by owner. Also open to lease. Currently vacant. Highly motivated seller. Subject to verification, zoning is enterprise mixed use C4-1-CA. Previous tenant carried type 41 beer and wine license that may be available for purchase from third party (separate, unrelated to property owner)
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,279 SF
Building Class
C
Year Built
1947
Price
$2,490,000
Price Per SF
$1,946.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.14 AC
Zoning
LAC4 - NoHo Arts District. BID (Business Improvement District). Mixed Use. Retail.
Parking
4 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Courtyard
- Signage
- Storage Space
Walk Score®
Walker's Paradise (95)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $482,308 | |
| Land Assessment | $890,944 | Total Assessment | $1,373,252 |
Property Taxes
Parcel Numbers
Land Assessment
$890,944
Improvements Assessment
$482,308
Total Assessment
$1,373,252
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Presented by
NoHo Property Management
11026 Magnolia Blvd
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