5428-5436 Cleon Avenue Portfolio Industrial FOR SALE


North Hollywood, CA
$4,200,000 USD
818-316-0302
, North Hollywood, CA for Sale
$4,200,000 USD
Industrial - FOR SALE
1/18
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5428-5436 Cleon Avenue Portfolio
North Hollywood, CA


HIGHLIGHTS

  • 2 FREE STANDING 5,000 SF BUILDINGS ON TWO SEPARATE LOTS
  • BOTH SITUATED ON IT’S OWN 7,000 SF FENCED LOT
  • ZONED MR2
  • PERFECT FOR INVESTOR OR/OWNER USER
  • CURRENT OWNER WILL LEASE BACK ONE BUILDING AT $10,000 / MO
  • 200 AMPS, 3PHASE, 4 WIRE ELECRICAL SERVICE

OVERVIEW

5428 Cleon Ave and 5436 Cleon Ave present a rare opportunity to acquire a two-building industrial portfolio in North Hollywood’s established production and creative services market. Offered together for owner-user acquisition, the properties total approximately 10,000 square feet across two separate industrial buildings situated on approximately 0.32 acres. The portfolio benefits from a central San Fernando Valley location with convenient access to major studios, business districts, and regional transportation routes serving Los Angeles. Located near the NoHo Arts District, the properties are positioned within an area known for entertainment, media, production, and related industrial service users. The two-building configuration provides operational flexibility for businesses seeking occupancy, expansion potential, or the ability to separate functions across multiple structures. With existing industrial improvements and a location surrounded by a diverse mix of commercial and creative industry activity, the portfolio offers a compelling opportunity for users seeking long-term control of their real estate in one of Los Angeles’ most active infill industrial submarkets. Rare opportunity to purchase 2 frees standing 5,000sf concrete block industrial units in the No Ho district. close to the Metro line, studios, close 101 and 170 freeways. Each building has its own 200 amps, 3 phase 4 wire electrical service. Each building situated on its own 7,000sf fenced lot zoned MR2. Each building has 2 ADA compliant restrooms and an efficient office floorplan. The warehouses clearance are 12ft and each building has its own 10ft by 10ft ground level loading door. The buildings are also fully sprinklered for fire protection. One building is full HVAC and the other has office HVAC and heating in the warehouse. This property is a perfect for an investor or owner/user to occupy and lease one building out. Current owner would like to remain in 5428 Cleon Avenue and rent back for a 5 year term starting at $10,000/ month.

ASK ABOUT THIS PROPERTY

Joel KatzCBI Partners Inc.More Info
818-316-0302

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Joel KatzCBI Partners Inc.More Info
818-316-0302

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