6323-6331 Colfax Ave - Auto Repair FOR SALE


North Hollywood, CA 91606
$1,850,000 USD
818-244-3000
6323-6331 Colfax Ave, North Hollywood, CA for Sale
$1,850,000 USD
Auto Repair - FOR SALE
1/11
null | Request Cap Rate

Oct '26


6323-6331 Colfax Ave
North Hollywood, CA 91606


HIGHLIGHTS

  • ±5,000 SF two-unit commercial building
  • ±11,037 SF lot (per assessor)
  • Billboard income: $4,800/year
  • Strong North Hollywood location near Lankershim & Victory
  • Wrap-around parking + rear alley access
  • SBA owner-user potential

OVERVIEW

Positioned just south of the highly trafficked Lankershim Blvd & Victory Blvd intersection, this ±5,000 square foot, two-unit commercial building presents a compelling owner-user or investor opportunity in the heart of North Hollywood. The property sits on a ±11,037 SF parcel (per tax assessor) and is zoned C2, offering broad commercial flexibility. It features wrap-around on-site parking and rear alley access, providing excellent parking and loading—ideal for automotive, retail, service, or light commercial uses. Tenant Mix & Owner-User Upside: - Auto Mechanic: ±2,220 SF | Lease expires 7/31/2027 - Auto Retailer: ±2,780 SF | Lease expires 9/30/2026 The staggered lease expirations create a clear near-term owner-user pathway, with the potential to qualify for SBA financing upon vacancy of the larger unit. The property also benefits from an on-site billboard with a short-term lease generating $4,800 annually, providing supplemental income. This is a rare opportunity to acquire a well-located North Hollywood commercial asset with current income, future flexibility, and excellent access and visibility.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$391 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

±5,000 SF Two-Unit Commercial Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,999 SF

ZONING

LAC2

APN/PARCEL ID

2334-006-039

ASK ABOUT THIS PROPERTY

Christopher RohrerPacific West Business Properties, Inc.More Info
818-244-3000

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

Christopher RohrerPacific West Business Properties, Inc.More Info
818-244-3000

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