Dual-Parcel Mixed-Use
For Sale
$1,250,000
5112-5114 Vineland Avenue, North Hollywood, CA 91601
Fully leased mixed-use property with C-4 zoning, rear alley access, and street signage.
Property Size2,469 SF
Lot Size0.11 Acres
Price / SF$506.28
Days on Market340
Property Features for 5112-5114 Vineland Avenue
General Information
Standard status
Active
Size
2,469 SF
Lot size
0.11 Acres
Property subtype
Commercial Sale / Mixed Use
Zoning
C-4
Occupancy
100%
Net Operating Income
$151,023
Additional Details
Asking Price
$1,250,000
Public Transit
Yes
Building Details
Buildings
2
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
Archetype Real Estate Group In
(818) 955-8404
Listed By:
Tania Adary · License #02020570
(818) 955-8404
Source:
Compass
Added: Sep 26, 2025
Changed: Aug 30
Last Checked: Aug 31 at 1:09AM
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 Archetype Real Estate Group In
Investment Insights
Based on property information with market context.
This offering includes a 50% ownership interest in a fully leased mixed-use commercial property comprising two contiguous buildings at 5112-5114 Vineland Avenue. The improvements total ±2,469 SF, while the two APNs encompass a combined lot area of ±4,999 SF. One tenant is owner-occupied, and the property includes street visibility, signage, and rear alley access.
Located in North Hollywood’s Arts District, the property is surrounded by dining, entertainment, and residential uses. Public transit and green space are nearby, and the planned North Hollywood-to-Pasadena BRT is identified as part of the area’s future transportation improvements.
C-4 zoning supports retail, medical, veterinary, and other creative uses, with future redevelopment potential identified in the listing. Buyers should verify current and future zoning applications directly with the City.
Located in North Hollywood’s Arts District, the property is surrounded by dining, entertainment, and residential uses. Public transit and green space are nearby, and the planned North Hollywood-to-Pasadena BRT is identified as part of the area’s future transportation improvements.
C-4 zoning supports retail, medical, veterinary, and other creative uses, with future redevelopment potential identified in the listing. Buyers should verify current and future zoning applications directly with the City.
Key Highlights
- 50% ownership interest in a fully leased mixed‑use commercial property
- ±2,469 SF across two contiguous buildings
- ±4,999 SF combined lot area across two APNs
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,997
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$999,940
$999.9K
Cap Rate 7%
$714,243
$714.2K
Cap Rate 9%
$555,522
$555.5K
Market Conditions
NOI Build-Up for 2,469 SF
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.
Gross rent
$88.9K $36.00/SF
− Vacancy
−$8.9K −$3.60/SF
EGI
$80.0K $32.40/SF
− OpEx
−$30.0K −$12.15/SF
NOI
$50.0K $20.25/SF
Area
Los Angeles County, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$999,940
Cap Rate 7%
$714,243
Cap Rate 9%
$555,522
Alternative Uses
Best Use
Mixed Use
$714.2K
$625.0K – $833.3K
NOI $49,997 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,533 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,600
Businesses Nearby
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased mixed-use property with C-4 zoning, rear alley access, and street signage.
Where is this mixed-use property located?
The property is located at 5112-5114 Vineland Avenue North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 50% ownership interest in a fully leased mixed‑use commercial property; ±2,469 SF across two contiguous buildings; ±4,999 SF combined lot area across two APNs
