4123 Lankershim Blvd - Office FOR SALE


North Hollywood, CA 91602
$10,975,000 USD
415-310-7331
4123 Lankershim Blvd, North Hollywood, CA for Sale
$10,975,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

4123 Lankershim Blvd
North Hollywood, CA 91602


HIGHLIGHTS

  • 100% of the Project is Available For Immediate Occupancy
  • Within Walking Distance of Universal Studios Hollywood
  • Terrific Highway, Metro, and Airport Access
  • Abundant, Proximate Amenity Base
  • Significant Owner/User Benefits Including Bonus Depreciation

OVERVIEW

Colliers is pleased to present the exclusive opportunity to acquire the fee-simple interest in 4123 Lankershim Blvd, a 32,565-square-foot, three-story office building situated within the Burbank/Universal City media corridor in North Hollywood, CA. With the entire building available for immediate occupancy, 4123 Lankershim offers an owner/user the ability to secure long-term control of a headquarters location in one of Los Angeles’ most supply-constrained office submarkets. Located directly adjacent to the NBCUniversal campus and less than two miles from the Burbank Media District, the Property occupies an irreplaceable position within the Toluca Lake/Burbank submarket. The building has a notable tenant history — Steven Spielberg occupied space at the Property for several years and the Property was home to accounting firm Miller Kaplan, a fitting reflection of its standing within the media corridor. Roughly 60 private offices, multiple outdoor balconies, 68 parking stalls, and approximately 183 feet of Lankershim frontage make it well-suited for a broad range of creative, media, and professional users. The Toluca Lake/Burbank submarket is anchored by a dense ecosystem of global media companies, major studio campuses, and a highly educated workforce — with over 72% of the area’s working population holding a college degree. NBCUniversal’s recently completed $1 billion campus expansion and Warner Bros.’ ongoing Warner Ranch redevelopment reflect the continued long-term conviction of institutional capital in the corridor, further supporting the case for ownership at this location.

FOR SALE DETAILS

PRICE

$10,975,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

C2-1VL-CDO-RIO

APN/PARCEL ID

2423-030-031

ASK ABOUT THIS PROPERTY

Sean FulpColliersMore Info
415-310-7331

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Sean FulpColliersMore Info
415-310-7331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.