Updated Three-Space Retail/Office
5310 Laurel Canyon Blvd Valley Village, CA 91607
For Sale
$2,098,000
Pending
Vacant storefront building with three flexible spaces, handicap-accessible restrooms, and recently renovated exterior and systems.
Property Size3,352 SF
Lot Size0.13 Acres
Days on Market244
Property Features for 5310 Laurel Canyon Blvd
General Information
- Standard status
- Pending
- Size
- 3,352 SF
- Lot size
- 0.13 Acres
Listing Agency:
Koenig Properties
(818) 521-8088
Listed By:
Verzhine Uzunyan · License #00984953
(818) 521-8088
Source:
Exprealty
Added: Nov 21, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:56PM
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 Koenig Properties
Investment Insights
Based on property information with market context.
Completely vacant and updated, this storefront retail/office building offers a flexible layout with three separate spaces that can be used individually or combined. The interior is described as bright with high ceilings and open floor plans, including handicap-accessible restrooms and a rear kitchenette/office area. Recent improvements include a new roof, skylights, plumbing, windows, stucco, and electrical work.
Located on Laurel Canyon Blvd in Valley Village, the property provides both front and rear access with private and street parking. The remarks also note proximity to the 101 and 170 freeways and nearby destinations including the NoHo Arts District, NoHo West, Studio City, Burbank, and Hollywood.
Zoned C2, the building is positioned for owner-users or tenants seeking a storefront configuration suitable for a range of retail or office-oriented uses.
Located on Laurel Canyon Blvd in Valley Village, the property provides both front and rear access with private and street parking. The remarks also note proximity to the 101 and 170 freeways and nearby destinations including the NoHo Arts District, NoHo West, Studio City, Burbank, and Hollywood.
Zoned C2, the building is positioned for owner-users or tenants seeking a storefront configuration suitable for a range of retail or office-oriented uses.
Key Highlights
- Completely vacant, updated 3,352 SF storefront retail/office building on Laurel Canyon Blvd.
- Flexible layout with three separate spaces that can be used individually or combined for an owner‑user and leasing income.
- Recently renovated exterior and major systems: new roof, skylights, plumbing, windows, stucco, and electrical.
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 | $113.4k | $33.84 |
| − Vacancy | −$7.5k | −$2.23 |
| EGI | $105.9k | $31.61 |
| − OpEx | −$31.8k | −$9.48 |
| NOI | $74.2k | $22.12 |
3,352 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.06M
$927.0K – $1.24M
NOI $74,162 @ 7.0% cap · market cap 3.53%
Second Best
Office B
$1.05M
$915.9K – $1.22M
NOI $73,272 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,625 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Vacant storefront building with three flexible spaces, handicap-accessible restrooms, and recently renovated exterior and systems.
Where is this retail space located?
The property is located at 5310 Laurel Canyon Blvd Valley Village, CA.
What is the asking price?
The asking price for this property is $2,098,000.
What are key features of this property?
This property features: Completely vacant, updated 3,352 SF storefront retail/office building on Laurel Canyon Blvd.; Flexible layout with three separate spaces that can be used individually or combined for an owner‑user and leasing income.; Recently renovated exterior and major systems: new roof, skylights, plumbing, windows, stucco, and electrical.
