7231 Hinds Ave - Warehouse FOR SALE


North Hollywood, CA 91605
$2,500,000 USD
818-212-2776
7231 Hinds Ave, North Hollywood, CA for Sale
$2,500,000 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

7231 Hinds Ave
North Hollywood, CA 91605


HIGHLIGHTS

  • Rare Owner/User Industrial Flex Opportunity: ±6,273 SF industrial building situated on a 0.15-acre M2-1 zoned parcel.
  • Modern Construction: Constructed in 1992 with masonry CMU construction on the ground floor & steel/wood-frame stucco construction on the 2nd floor.
  • Functional Warehouse Improvements: Features approximately 11’ clear height , updgraded 400 amp 3phase power, and a ground-level loading door.
  • Fully Air-Conditioned Facility: Climate-controlled throughout.
  • Fully Fire Sprinklered: Equipped with a centrally monitored fire sprinkler system, providing enhanced life-safety infrastructure.
  • Secure Gated Parking & Loading Area: Large concrete yard area with secure gated access and approximately 11 off-street parking spaces.

OVERVIEW

Marcus & Millichap is pleased to present 7231 Hinds Avenue, a rare owner-user industrial/flex opportunity totaling approximately 6,273 square feet on a 0.15-acre M2-1 zoned parcel situated in one of the San Fernando Valley’s most established infill industrial submarkets. Constructed in 1992, the property offers a modern design. Constructed with durable masonry CMU construction on the ground floor and steel/wood-frame stucco construction on the second level, the property offers a highly functional industrial layout featuring approximately 11-foot clear height on each floor, upgraded power, a ground-level loading door, full HVAC throughout, and a secure gated concrete parking and loading area with approximately 11 off-street parking spaces. The building is fully fire-sprinklered and serviced by a recently upgraded centrally monitored fire sprinkler system, creating a versatile owner /user facility capable of accommodating a wide range of industrial and commercial operations. While the property’s Certificate of Occupancy was recently converted from Warehouse/Office use to an Indoor Nursery (Hydroponic Agricultural Enterprise), the underlying M2-1 zoning supports a broad spectrum of industrial and commercial uses. Furthermore, the property’s eligibility under California AB 2097 may allow certain parking-intensive uses to occupy the building without the need to construct additional parking, enhancing long-term flexibility and adaptability for future ownership. Buyers should independently verify all permitted uses, parking requirements, and regulatory matters. Potential Pre-ICO Cannabis Licensing Opportunity also available, contact agent for more details. Strategically located within the East San Fernando Valley, 7231 Hinds Avenue offers convenient access to North Hollywood, Burbank, Sun Valley, Van Nuys, and the greater Los Angeles region. The surrounding area is home to a diverse collection of manufacturing, logistics, aerospace, technology, entertainment, and media-related businesses, providing access to one of Southern California’s deepest labor pools and most established industrial markets.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

R&D

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

UTILITIES

-

CLEAR CEILING HT

11 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.15

LAND SF

6,534

ZONING

LAM2

APN/PARCEL ID

2317-019-005

ASK ABOUT THIS PROPERTY

Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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