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4340-4346 Laurel Canyon Blvd 6,374 SF 100% Leased Retail Building Studio City, CA 91604 $3,250,000 ($509.88/SF) 6.22% Cap Rate
Investment Highlights
- Prime mixed-use in Studio City
- Nearby top employment drivers and retail hubs in the area
- Affluent trade area on major corridor
Executive Summary
4340-4346 Laurel Canyon Blvd features a stabilized street front investment with 100% of the total SF occupied between 12 units. 4340-4346 Laurel Canyon Blvd contains a synergistic & internet resistant mix of local tenants that include ground floor retail/service providers, & 2nd story office.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
6,374 SF
Building Class
C
Year Built/Renovated
1948/2017
Price
$3,250,000
Price Per SF
$509.88
Cap Rate
6.22%
NOI
$202,254
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.33
Lot Size
0.11 AC
Zoning
C2
Parking
4 Spaces (0.63 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2368-013-044 | Improvements Assessment | $1,311,667 |
| Land Assessment | $588,409 | Total Assessment | $1,900,076 |
Property Taxes
Parcel Number
2368-013-044
Land Assessment
$588,409
Improvements Assessment
$1,311,667
Total Assessment
$1,900,076
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4340-4346 Laurel Canyon Blvd
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