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11719 Victory Blvd 5,356 SF 19% Leased Retail Building North Hollywood, CA 91606 $1,399,000 ($261.20/SF)
INVESTMENT HIGHLIGHTS
- Heavy daytime and nightime traffic
- Property patially burned - call for details
EXECUTIVE SUMMARY
Commercial Zoned LAC2 Property with 3 Separate Addresses (11717, 11719 and 11717 1/2) in one of North Hollywood/Valley Village Area with Most Traffic and Exposure. Constructed Area with 5356 sq ft Amongs 3 Separate Structures. 11717 Victory is a Automotive Repair Shop (Rented), 11719 Victory is a Bar (Rented) and 11717 1/2 is Administrative Offices that Experienced Fire Damage. This an Ideal Property for Investors and/or Developers to Rebuild Damages and Modify its Use to Fit the Best Strategy. Property has a Loan that Can be Assumed at a 2% Rate and Seller Flexible on the Sale Terms. Mechanic Shop and Bar are on an Active Lease. Call for More Details and Uncover this Property Full Potential.....
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$84,000
|
$15.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$84,000
|
$15.68
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $15.68 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $15.68 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,356 SF
Building Class
C
Year Built
1999
Price
$1,399,000
Price Per SF
$261.20
Percent Leased
19%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.12
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
LAC2 - LAC2
Frontage
97’ on Victory Blvd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Good China
- Retailer
- -
- -
- -
- Vidal's Test Only
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Good China | Retailer | - | - | - | ||
| Vidal's Test Only | Services | - | - | - |
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2322-016-043 | Improvements Assessment | $222,722 |
| Land Assessment | $402,889 | Total Assessment | $625,611 |
PROPERTY TAXES
Parcel Number
2322-016-043
Land Assessment
$402,889
Improvements Assessment
$222,722
Total Assessment
$625,611
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Presented by
Enrique Campos
11719 Victory Blvd
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