7315 Lankershim Blvd - Light Manufacturing FOR SALE


North Hollywood, CA 91605
$2,999,000 USD
818-697-9381
7315 Lankershim Blvd, North Hollywood, CA for Sale
$2,999,000 USD
Light Manufacturing - FOR SALE
1/22
null | Request Cap Rate

7315 Lankershim Blvd
North Hollywood, CA 91605


HIGHLIGHTS

  • Fully built out Music Studio,Dance studio & Fitness center
  • Plethora of individual office spaces
  • Kitchen
  • Security System w/ gated parking lot with 25 spaces

OVERVIEW

illi Commercial Real Estate is pleased to present 7315 Lankershim Boulevard, an 11,600 square foot office/flex property situated in the vibrant North Hollywood submarket of Los Angeles, CA. Positioned along one of area’s most prominent commercial corridors, the property benefits from exceptional accessibility and visibility in the heart of the San fernando Valley’s industrial district. The subject property benefits from excellent visibility and frontage along Lankershim Boulevard, with strong traffic counts and convenient access to major freeways including the Hollywood freeway (US-101), Interstate 5, and the 170 freeway. It is very close the NoHo Arts District, Burbank Airport, and the greater San fernando Valley employment base. 7315 Lankershim Boulevard is currently offered at $3,250,000. The property benefits from billboard income, and provides flexible occupancy options, with either a leaseback to the current occupant, or with vacant delivery, offering investors and owner-users multiple paths to maximize value. Don’t miss this excellent opportunity to acquire a well-positioned office/flex asset in a strong Los Angeles submarket.

FOR SALE DETAILS

PRICE

$2,999,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Owner-User or Sale-Leaseback

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

8 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.4

LAND SF

17,468

ZONING

M1, Los Angeles

APN/PARCEL ID

2317-018-038

ASK ABOUT THIS PROPERTY

Carol Marmorilli Commercial Real EstateMore Info
818-697-9381

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Carol Marmorilli Commercial Real EstateMore Info
818-697-9381

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