10442 Burbank Blvd - Specialty FOR SALE
North Hollywood, CA 91601 |
$2,995,000 USD
310-859-8100
10442 Burbank Blvd
North Hollywood, CA 91601
HIGHLIGHTS
- *Available As Part Of A Portfolio With 10442 Burbank Blvd Located Next Door*
- Major Value-Add Opportunity With Approved LADBS Plans
- 10 Soundproof & Acoustically Treated Rooms
- On-Site & Unrestricted Street Parking
- Low Vacancy (Less than 5%). Strong Cash Flow With Stabilized Rents
- Building Fully Permitted & Remodeled In 2023
OVERVIEW
Luxury Commercial Property
Multi-Use Creative Production Space
Available As Fully Leased Investment Or Vacant Owner/User
Low Expenses & Maintenance Costs
Business & Brand Included in Deal
All New Plumbing, Electric & HVAC
State Of The Art Security & Access System
Full Financials & Business Details Available Upon Request To Qualified Buyers And Accredited Investors
Current CAP Rate Is 5.65% - Advertised CAP Rate Is Based On Pro Forma Value Add
FOR SALE DETAILS
PRICE
$2,995,000 USD
PRICE/SF
$969 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY TYPE
Specialty
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1962
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.12 AC
LAND SF
5,227 SF
ZONING
C2, Los Angeles
APN/PARCEL ID
2417-009-001
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310-859-8100
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310-859-8100
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