Office Units with Retail
For Sale
Contact for pricing
5712-5714 Lankershim Blvd, North Hollywood, CA 91601
The property includes space designated for both office and retail occupancy.
Property Size3,300 SF
Price / SF$454.55
Days on Market49
Property Features for 5712-5714 Lankershim Blvd
General Information
Standard status
Active
Size
3,300 SF
Property subtype
OFFICE
Listing Agency:
Stream Realty Partners
(213) 650-3857
Listed By:
Chandler Larsen
(213) 650-3859
Source:
Moodyscre
Added: Sep 17
Changed: Nov 4
Last Checked: Nov 3 at 9:58AM
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 Stream Realty Partners
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Investment Insights
Based on property information with market context.
This 3,300-square-foot commercial property is classified as office units and identified as retail/office space. The asset is offered for sale.
The property is located at 5712-5714 Lankershim Blvd in North Hollywood, California 91601.
The property is located at 5712-5714 Lankershim Blvd in North Hollywood, California 91601.
Key Highlights
- 3,300 square feet of commercial space
- Identified for retail and office use
- Classified as office units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,011
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,220
$1.5M
Cap Rate 7%
$1,043,014
$1.0M
Cap Rate 9%
$811,233
$811.2K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$111.7K $33.84/SF
− Vacancy
−$7.4K −$2.23/SF
EGI
$104.3K $31.61/SF
− OpEx
−$31.3K −$9.48/SF
NOI
$73.0K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,220
Cap Rate 7%
$1,043,014
Cap Rate 9%
$811,233
Alternative Uses
Best Use
Retail
$1.04M
$912.6K – $1.22M
NOI $73,011 @ 7.0% cap · market cap 4.87%
Second Best
Office B
$1.03M
$901.7K – $1.20M
NOI $72,135 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,677 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,033
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The property includes space designated for both office and retail occupancy.
Where is this office unit located?
The property is located at 5712-5714 Lankershim Blvd North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,300 square feet of commercial space; Identified for retail and office use; Classified as office units
