Multi-Tenant Retail
For Sale
$1,295,000
5725 Lankershim, North Hollywood, CA 91601
Fully renovated multi-tenant retail property with new roof, upgraded electrical panel, and resurfaced parking with gated access.
Property Size2,261 SF
Days on Market130
Property Features for 5725 Lankershim
General Information
Standard status
Active
Size
2,261 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
2,261 SF
Year Built
1945
Tenancy
Multi
Listing Agency:
Keller Williams R. E. Services
Listed By:
Meghmick Hazarmaliyan · License #02109372
(747) 272-3373
Source:
Truthrealty
Added: Jun 8
Changed: Oct 4
Last Checked: Oct 13 at 2:25AM
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 Keller Williams R. E. Services
Investment Insights
Based on property information with market context.
5725 Lankershim Boulevard is a fully renovated, multi-tenant commercial and retail property with recent capital improvements including a new roof, upgraded electrical panel, and resurfaced parking lot. The site includes secure fenced and gated parking, supporting tenant and customer access.
The property benefits from visibility along Lankershim Boulevard, a major commercial corridor noted for strong daily traffic counts. It is located within a dense and growing trade area, surrounded by over 250,000 residents within a three-mile radius, with convenient access to the 170, 101, and 5 Freeways.
The property benefits from visibility along Lankershim Boulevard, a major commercial corridor noted for strong daily traffic counts. It is located within a dense and growing trade area, surrounded by over 250,000 residents within a three-mile radius, with convenient access to the 170, 101, and 5 Freeways.
Key Highlights
- Fully renovated multi‑tenant commercial and retail property at 5725 Lankershim Boulevard
- Recent capital improvements include a new roof, upgraded electrical panel, and resurfaced parking lot
- Secure fenced and gated parking on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,024
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,480
$1.0M
Cap Rate 7%
$714,629
$714.6K
Cap Rate 9%
$555,822
$555.8K
Market Conditions
NOI Build-Up for 2,261 SF
Gross rent
$76.5K $33.84/SF
− Vacancy
−$5.0K −$2.23/SF
EGI
$71.5K $31.61/SF
− OpEx
−$21.4K −$9.48/SF
NOI
$50.0K $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%
$1,000,480
Cap Rate 7%
$714,629
Cap Rate 9%
$555,822
Alternative Uses
Best Use
Retail
$714.6K
$625.3K – $833.7K
NOI $50,024 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,737 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,033
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pink Clover Flowers NoHo — 5251 vineland ave, north hollywood, ca 91601
- Flower Delivery North Hollywood — 5387 lankershim blvd, north hollywood, ca 91603
- Flower Delivery North Hollywood — 5725 Lankershim Blvd, North Hollywood, CA 91601
- White Star Flowers — 6005 Vineland Ave UNIT 102, North Hollywood, CA 91606
Frequently Asked Questions
What type of property is this?
Storefront property - Fully renovated multi-tenant retail property with new roof, upgraded electrical panel, and resurfaced parking with gated access.
Where is this storefront property located?
The property is located at 5725 Lankershim North Hollywood, 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: Fully renovated multi‑tenant commercial and retail property at 5725 Lankershim Boulevard; Recent capital improvements include a new roof, upgraded electrical panel, and resurfaced parking lot; Secure fenced and gated parking on‑site
