Renovated Multi-Tenant Mixed-Use
For Sale
$1,295,000
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 Market121
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
Listed By:
Heros Minasian · License #01336634
(818) 425-1160
Source:
Elliman
Added: Jun 17
Changed: Oct 5
Last Checked: Oct 14 at 11:49PM
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 / Yr
$52,471
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
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
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 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 4.05%
Second Best
Mixed Use
$654.1K
$572.3K – $763.1K
NOI $45,785 @ 7.0% cap · market cap 3.54%
Theoretical Best
Multifamily LT 5
$45.81M
$40.08M – $53.44M
NOI $3,206,455 @ 7.0% cap · market cap 247.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
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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 $1,295,000.
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
