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Investment Highlights
- High-visibility frontage on a major North Hollywood corridor.
- Secure, controlled-access parking for tenants and customers.
- Near the 170, 101, and 5 Freeways, Metro, and NoHo Arts District.
- New roof, upgraded electrical panel, and resurfaced parking lot.
- Dense population base with substantial household income and spending.
Executive Summary
5725 Lankershim Boulevard presents a rare opportunity to acquire a fully renovated multi-tenant commercial and retail property in the heart of North Hollywood. Recent capital improvements include a new roof, upgraded electrical panel, and resurfaced parking lot, providing a turnkey investment with minimal deferred maintenance. The property features secure fenced and gated parking and benefits from excellent visibility along Lankershim Boulevard, a major commercial corridor with strong daily traffic counts. Located within a dense and growing trade area, the property is surrounded by over 250,000 residents within a three-mile radius and offers convenient access to the 170, 101, and 5 Freeways.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,261 SF
Building Class
C
Year Built
1948
Price
$1,390,000
Price Per SF
$614.77
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.46
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
LAC2 - Commercial
Parking
6 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
79’ on Lankershim Blvd
Amenities
- Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Chase Bank
Property Taxes
| Parcel Number | 2338-022-023 | Improvements Assessment | $161,748 |
| Land Assessment | $557,756 | Total Assessment | $719,504 |
Property Taxes
Parcel Number
2338-022-023
Land Assessment
$557,756
Improvements Assessment
$161,748
Total Assessment
$719,504
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5725 Lankershim Blvd
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