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12412 Victory Blvd
North Hollywood, CA 91606
Concord Career Institute · Office Property For Sale
Investment Highlights
- This offering presents a unique opportunity in a highly sought-after area with limited available infill space
- With over 300 feet of frontage on Victory Blvd and proximity to the Hollywood Freeway, the site offers excellent visibility and accessibility
- Surrounded by a variety of retail, dining, and entertainment options
- Currently occupied by Concorde Career College under an attractive NNN lease structure, providing stable income for investors
- With no current entitlements in place, the property allows for various entitlement strategies
- Centrally located within easy reach of job hubs in the Noho Arts District, Universal City, Burbank, Downtown Glendale, and Downtown Los Angeles
Property Facts
Property Type
Office
Building Size
35,155 SF
Building Class
B
Year Built
1961
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
17,577 SF
Slab To Slab
11’
Building FAR
0.38
Lot Size
2.11 AC
Zoning
[Q]CR-1VL
Parking
70 Spaces (1.99 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 2333-007-035 | Improvements Assessment | $2,261,028 |
| Land Assessment | $1,772,413 | Total Assessment | $4,033,441 |
Property Taxes
Parcel Number
2333-007-035
Land Assessment
$1,772,413
Improvements Assessment
$2,261,028
Total Assessment
$4,033,441
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