5018 Lankershim Boulevard North Hollywood, CA ^$ 3,750,000

5018 Lankershim Boulevard

^$ 3,750,000

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5018 Lankershim Boulevard

North Hollywood, CA, 91601

^$ 3,750,000

Studio Baths0.0

Monthly Estimate*

^$ 26,195

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Studio

Commercial Property for sale in North Hollywood, CA

for $3,750,000. This building was built in 1931.

Bow Truss architectural gem in the heart of the NOHO Arts District. This property features a wide open design with exposed beams and polished concrete floors - with 4,675 square feet on the ground level, plus a large loft/mezzanine area situated on a 6,003 SF lot. Ideally located directly in the densely populated and thriving Arts District just steps to Amazon Fresh, WeWork workplace, Laemmle 7 theaters, and talks of a soon to come 7-story hotel featuring commercial space and 125 rooms. 5018 Lankershim benefits from excellent visibility and 56 feet of frontage along highly trafficked Lankershim Blvd and is within the State Enterprise and Opportunity Zone. The property features 2 parking spots in the back with the possible potential to expand with reconfiguration to the rear of the building - in addition to 2 private offices, 3 bathrooms, and plenty of storage. Property is currently owner occupied and can be delivered vacant.

Commercial Active

Price

^$ 3,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1931

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

0024378785

Features

General

Zoning LAC4

Year Built 1931

Business Type Retail

County Los Angeles

Insurance Expense 10000.0

Property Type F

Status Active

City North Hollywood

MLS Area NHO - North Hollywood

Lot Size Square Feet 0.0

Street Name Lankershim

Standard Status Active

Exterior

Lot Size Area 6003.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Street Suffix Boulevard

Total Baths 0

* Excluded Features

List By

Dennis Adelpour

Listing Agent

Berkshire Hathaway Homeservices California Properties

Broker

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$26,195

Per Month

Monthly Principal & Interest: $26,195
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in North Hollywood, CA

Average List Price ^$1,291,913

Percent of Sale Price 66%

About North Hollywood, CA

158,455 Population

0% Since 2002

^$0 Median Income

0 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/17/2024	$3,750,000		Listed Price

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5018 Lankershim Boulevard, North Hollywood, CA, 91601 is a Commercial Property for sale at $3,750,000. 5018 Lankershim Boulevard is a studio with 0.0 baths and was built in 1931. The property's zip code is 91601 which is in North Hollywood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/29/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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5018 Lankershim Boulevard

Commercial Property for sale in North Hollywood, CA

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