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11470 Vanowen St 2,475 SF Vacant Retail Building North Hollywood, CA 91605 $3,425,000 ($1,383.84/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent opportunity for owner user or investor
  • Pole Signage for the Business
  • Potential for Monthly Income from 2nd Floor Residential Tenant
  • 7 minute drive to Bob Hope Airport
  • Large Commercial Billboard with monthly income
  • Prime Corner Lot with Two Points of Vehicle Access

EXECUTIVE SUMMARY

Syuzi Hakobyan are proud to introduce you to this rare C2 corner lot property in North Hollywood. The property is approximately 2,475 square feet of structures located on 12,309 square feet lot! It's currently owner-occupied by a boat repair facility and has two sources of additional income, a rented apartment above one of the repair bays and a commercial billboard. There are two billboards on the property including one for the business and a full-sized commercial billboard generating additional income! The property boasts approximately 100 feet of street frontage and a high traffic count of 24,342 cars per day on Vanowen Street. The property is ideal for vehicle-related uses and provides two separate points of access from Vanowen Street and Farmdale Avenue. The site is conveniently located two miles from Hollywood Burbank Airport with quick access to the 5 & 170 freeways.
Please do not disturb the current occupants. Contact listing agent directly for more details and to schedule a tour.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,475 SF
Building Class
C
Year Built
1955
Price
$3,425,000
Price Per SF
$1,383.84
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.20
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
LAC2

AMENITIES

  • Pylon Sign
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Vallarta Supermarkets
Planet Fitness
Superior Grocers
Yoshinoya
Bank of America
Smart & Final
U.S. Bank
Chase Bank
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2320-017-001
Land Assessment
$390,544
Improvements Assessment
$337,921
Total Assessment
$728,465
  • Listing ID: 29693782

  • Date on Market: 2/11/2022

  • Last Updated:

  • Address: 11470 Vanowen St, North Hollywood, CA 91605

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