Renovated Multi-Tenant Mixed-Use
For Sale
$1,390,000
5725 Lankershim, Los Angeles, CA 91601
Commercial and retail uses are supported by fenced, gated parking and recent roof, electrical, and parking-lot improvements.
Property Size2,261 SF
Days on Market76
Property Features for 5725 Lankershim
General Information
Standard status
Active
Size
2,261 SF
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
minimal deferred maintenance
Additional Details
Highway Access
Yes
Amenities
secure fenced and gated parking
Building Details
Building Size
2,261 SF
Year Built
1945
Tenancy
Multi
Listing Agency:
KW Commercial Glendale
(818) 425-1160
Listed By:
Heros Minasian · License #01336634
Source:
Elliman
Added: Jun 17
Changed: Aug 30
Last Checked: Aug 30 at 8:54PM
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 KW Commercial Glendale
Investment Insights
Based on property information with market context.
Located at 5725 Lankershim Boulevard in North Hollywood, this mixed-use commercial property includes multi-tenant commercial and retail space. The building dates to 1948 and has received substantial updates, including a replacement roof, an upgraded electrical panel, and resurfacing of the parking lot.
The property is positioned along Lankershim Boulevard and is identified as LAC2 - Commercial zoning. Fenced, gated parking provides controlled on-site vehicle access. The surrounding trade area includes over 250,000 residents within a three-mile radius, with connectivity to the 170, 101, and 5 Freeways.
The property is positioned along Lankershim Boulevard and is identified as LAC2 - Commercial zoning. Fenced, gated parking provides controlled on-site vehicle access. The surrounding trade area includes over 250,000 residents within a three-mile radius, with connectivity to the 170, 101, and 5 Freeways.
Key Highlights
- Multi‑tenant commercial and retail property at 5725 Lankershim Boulevard
- Recent improvements include a new roof and upgraded electrical panel
- Parking lot has been resurfaced
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
$52,471
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
3.77%
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%
$1,049,420
$1.0M
Cap Rate 7%
$749,586
$749.6K
Cap Rate 9%
$583,011
$583.0K
Market Conditions
NOI Build-Up for 2,261 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
$83.6K $36.96/SF
− Vacancy
−$8.6K −$3.81/SF
EGI
$75.0K $33.15/SF
− OpEx
−$22.5K −$9.95/SF
NOI
$52.5K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
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%
$1,049,420
Cap Rate 7%
$749,586
Cap Rate 9%
$583,011
Alternative Uses
Best Use
Retail
$749.6K
$655.9K – $874.5K
NOI $52,471 @ 7.0% cap · market cap 3.77%
Second Best
Mixed Use
$654.1K
$572.3K – $763.1K
NOI $45,785 @ 7.0% cap · market cap 3.29%
Theoretical Best
Multifamily LT 5
$45.81M
$40.08M – $53.44M
NOI $3,206,455 @ 7.0% cap · market cap 230.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,033
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
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial and retail uses are supported by fenced, gated parking and recent roof, electrical, and parking-lot improvements.
Where is this mixed-use property located?
The property is located at 5725 Lankershim Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Multi‑tenant commercial and retail property at 5725 Lankershim Boulevard; Recent improvements include a new roof and upgraded electrical panel; Parking lot has been resurfaced
