North Hollywood Retail Investment
5557 Cahuenga Blvd North Hollywood, CA
5557 Cahuenga Blvd, North Hollywood, CA, 00000
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For Sale
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Retail property in a vibrant commercial area with tenant in place.
Property Size4,529 SF
Lot Size0.11 Acres
Price / SF$551.78
Days on Market860
Property Features for 5557 Cahuenga Blvd
General Information
- Standard status
- Active
- Size
- 4,529 SF
- Lot size
- 0.11 Acres
- Property subtype
- RETAIL
Listing agency
TOLD Partners Inc.
(818) 825-0257
Listed by
Mike Sheptenko
(818) 825-0257
Source
Moodyscre
Added: Mar 14, 2024 Updated: Jul 6 at 9:18AM Checked: Jul 21 at 6:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TOLD Partners Inc.
Investment Insights
Based on property information with market context.
This retail property, encompassing approximately 4,529 square feet, is located in North Hollywood. The property is situated in a vibrant commercial area characterized by high visibility and consistent foot traffic. The property is currently occupied by a tenant, offering immediate income for investors. This location presents long-term potential within a dynamic neighborhood.
Key Highlights
- Prime retail investment opportunity.
- Tenant in place providing immediate income.
- Located in the heart of North Hollywood.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.3k | $33.84 |
| − Vacancy | −$10.1k | −$2.23 |
| EGI | $143.1k | $31.61 |
| − OpEx | −$42.9k | −$9.48 |
| NOI | $100.2k | $22.12 |
4,529 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.43M
$1.25M – $1.67M
NOI $100,202 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.42M
$2.12M – $2.83M
NOI $169,737 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail property in a vibrant commercial area with tenant in place.
Where is this retail space located?
The property is located at 5557 Cahuenga Blvd North Hollywood, CA.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Prime retail investment opportunity.; Tenant in place providing immediate income.; Located in the heart of North Hollywood.
