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Retail Space
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5958 North Vineland Avenue, North Hollywood, CA 91601

The space can accommodate office or retail use.

Property Size10,336 SF
Price / SF$0.16
Days on Market25

Property Features for 5958 North Vineland Avenue

General Information

Standard status Active
Size 10,336 SF
Property subtype Business

Building Details

Year Built 2008
Listing Agency: Issy K Tindimwebwa
Listed By: Issy Tindimwebwa · License #00679596
Source: Pinpointrealtors
Added: Oct 7 Changed: Oct 30 Last Checked: Oct 30 at 1:44AM

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 Issy K Tindimwebwa

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Investment Insights

Based on property information with market context.

Built in 2008, this 10,336-square-foot retail space is described for office or retail use. The property is at 5958 North Vineland Avenue in North Hollywood, California.

On-site parking is available for patrons.

Key Highlights

  • 10,336 square feet
  • Built in 2008
  • Office or retail use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$228,680
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,573,600 $4.6M
Cap Rate 7%
$3,266,857 $3.3M
Cap Rate 9%
$2,540,889 $2.5M
Market Conditions
NOI Build-Up for 10,336 SF
Gross rent
$349.8K $33.84/SF
− Vacancy
−$23.1K −$2.23/SF
EGI
$326.7K $31.61/SF
− OpEx
−$98.0K −$9.48/SF
NOI
$228.7K $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%
$4,573,600
Cap Rate 7%
$3,266,857
Cap Rate 9%
$2,540,889

Alternative Uses

Best Use
Retail
$3.27M
$2.86M – $3.81M (±1% cap)
NOI $228,680 @ 7.0% cap · market cap 13,859.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.53M
$4.84M – $6.46M (±1% cap)
NOI $387,370 @ 7.0% cap · market cap 23,476.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Healthcare Therapy Center Medical Clinic Jim's Barber Shop Barber Shop Retro Meds Alternative Medicine Practice Vicki’s Place Restaurant St Theresa Hospice Nursing Home

Suggested Use

Top Pick Real Estate Agency Acupuncture Skin Care Clinic Butcher Tanning Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,962
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 83% Electronics 17%
Vallarta Supermarket Groceries
25,467 visits/mo 0.2 miles
Boost Mobile Electronics
5,115 visits/mo 0.2 miles

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The space can accommodate office or retail use.
Where is this retail space located?
The property is located at 5958 North Vineland Avenue North Hollywood, CA.
What are key features of this property?
This property features: 10,336 square feet; Built in 2008; Office or retail use
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