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    Retail Space For Sale Title is generated by Realmo AI

    4242-4250 Lankershim Blvd, Los Angeles, CA 91602

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    Retail space available, offering a 5.60% CAP rate.

    Type:Retail
    Property size:
    4,000 SF
    Price / SF:
    $393/SF
    Added:
    Mar 12, 2026
    Days on Market:
    113
    Last Refresh:
    Mar 19 at 10:37 pm

    Property Features for 4242-4250 Lankershim Blvd

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Property subtype
    Retail

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    Stacy Vierheilig-Fraser
    Stacy Vierheilig-Fraser

    Listing office Lee & Associates - LA North - Sherman Oaks

    Listing date Mar 12, 2026

    Source Crexi

    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 Lee & Associates - LA North - Sherman Oaks

    HighLights

    • 5.60% CAP Rate
    • Retail Property
    • 4,000 SqFt

    Overview

    This retail space, encompassing 4,000 square feet, is available for purchase. The property offers a 5.60% capitalization rate.

    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 $147.8k $36.96
    − Vacancy −$15.2k −$3.81
    EGI $132.6k $33.15
    − OpEx −$39.8k −$9.95
    NOI $92.8k $23.21
    4,000 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.33M
    $1.16M – $1.55M (±1% cap)
    NOI $92,829 @ 7.0% cap · market cap 5.89%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $81.04M
    $70.91M – $94.54M (±1% cap)
    NOI $5,672,632 @ 7.0% cap · market cap 360.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.36364
    Latitude
    34.14709

    FAQs

    What type of property is this?
    Retail space - Retail space available, offering a 5.60% CAP rate.
    Where is this retail space located?
    The property is located at 4242-4250 Lankershim Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: 5.60% CAP Rate; Retail Property; 4,000 SqFt
    (818) 986-9800 Call to check price and availability
    More about this property
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