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    7422 Varna Ave North Hollywood, CA 91605

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    For Sale
    $2,125,000

    15,250 SF lot with M2 zoning near freeways.

    Property size:
    15,250 SF
    Lot size:
    0.35 Acres

    Property Features for 7422 Varna Ave

    General Information

    Size
    15,250 SF
    Lot size
    0.35 Acres

    Source: Marcus & Millichap Agent Martin Agnew

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Hollywood Industrial Land Available

    This property features a 15,250 square foot lot in North Hollywood. The M2 zoning allows for flexible industrial and commercial use potential. The site offers ample yard space suitable for parking, storage, or expansion. Located in a prime infill industrial market with extremely low submarket vacancy, the property is near the 170 and 5 Freeways and close to Burbank and Hollywood Studios.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.4245773
    Latitude
    34.205399

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    FAQs

    What type of property is this?
    Land - 15,250 SF lot with M2 zoning near freeways.
    Where is this land located?
    The property is located at 7422 Varna Ave North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $2,125,000.
    What are key features of this property?
    This property features: - Prime infill industrial market with extremely low submarket vacancy; - M2 zoning offers flexible industrial/commercial use potential; - Ample yard space ideal for parking, storage, or expansion
    (818) 212-2700
    Request Owner's contact information
    7422 Varna Ave North Hollywood, CA 91605
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    North Hollywood, CA 91605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7422 Varna Ave North Hollywood, CA 91605
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