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5203-5215 Lankershim Blvd
North Hollywood, CA 91601
Retail Property For Sale
Investment Highlights
- Generational Mixed-Use Retail Office Opportunity with Future Redevelopment Potential
- Long Term Historical Occupancy
- Stable & Secure Cash Flow | 100% Occupied with 3.32 Year WALT (weighted average lease term)
- Located in the Heart of the North Hollywood Arts District
- High Traffic & High Visibility Corner +/- 55,318 VPD | Over 225’ Feet of Frontage on the Signalized NW Corner of Lankershim Blvd and Magnolia Blvd
- Hedge Against Inflation | Annual Rental Increases Scheduled in All Leases
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,747 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1936/2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Lot Size
0.30 AC
Zoning
LAC4 - Tier 3
Parking
25 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
259’ on Lankershim Blvd
Amenities
- Bus Line
- Corner Lot
- Metro/Subway
- Restaurant
- Signalized Intersection
Property Taxes
| Parcel Number | 2350-017-059 | Improvements Assessment | $1,040,400 |
| Land Assessment | $3,017,160 | Total Assessment | $4,057,560 |
Property Taxes
Parcel Number
2350-017-059
Land Assessment
$3,017,160
Improvements Assessment
$1,040,400
Total Assessment
$4,057,560
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