4900 Lankershim Blvd - Freestanding FOR SALE


North Hollywood, CA 91601
$5,500,000 USD
323-333-4014
4900 Lankershim Blvd, North Hollywood, CA for Sale
$5,500,000 USD
Freestanding - FOR SALE
1/43
null | Request Cap Rate

NEW


4900 Lankershim Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • Fantastic Redevelopment Opportunity
  • Hard Corner Location
  • Gateway to NoHo Arts District
  • Adjacent to New Metro BRT Line
  • Vacant & Unencumbered
  • Transit Housing Initiatives May Apply

OVERVIEW

Owner/User or Redevelopment Opportunity for a 9,945 Sq. Ft. Hard Corner Location in the Heart of the NoHo Arts District. Situated on Two Parcels Totaling 12,008 Sq. Ft. w/112' of Frontage Along Lankershim Blvd. Property is Currently Vacant & Property Unencumbered. Zoned C-4 & in LA City Tier-3 TOC. Likely Adjacent or Proximate to the Forthcoming LA Metro North Hollywood to Pasadena Bus Rapid Transit Project. Fee Simple Title & Many State Housing Initiatives Make this a Fantastic Redevelopment Opportunity. All Cash at Close of Escrow.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$553 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,008 SF

ZONING

LAC4

APN/PARCEL ID

2353-018-011,2353-018-012

ASK ABOUT THIS PROPERTY

Paul HermanThe Herman CompanyMore Info
323-333-4014

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Paul HermanThe Herman CompanyMore Info
323-333-4014

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