Three-Suite Office
For Sale
$1,099,000
6045 Vineland Avenue, North Hollywood, CA 91606
C2-1 zoning and a mix of office, kitchen, storage, and patio features support varied commercial configurations.
Property Size3,247 SF
Price / SF$338.47
Days on Market24
Property Features for 6045 Vineland Avenue
General Information
Standard status
Active
Size
3,247 SF
Total Parking Spaces
5
Property subtype
Office
Zoning
C2-1
Property Condition
Severity
Repairs Needed
Evidence
The building needs some TLC
Additional Details
Condition
Needs Renovation
Asking Price
$1,099,000
Office Units
3
Tenant in Place
Yes
Amenities
commercial kitchen
private offices
abundant storage
shared outdoor patio access
Building Details
Year Built
1939
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Keller Williams R. E. Services
(818) 432-3200
Listed By:
Arthur Ambarchyan · License #01351863
(818) 230-3228
Source:
Teamforss
Added: Oct 12
Changed: Nov 3
Last Checked: Nov 3 at 8:51AM
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
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Investment Insights
Based on property information with market context.
This 3,247-square-foot, single-story office building dates to 1939 and contains three suites. Interior features include private offices, storage, a commercial kitchen, and access to a shared outdoor patio. The building reaches the rear property line and has five on-site parking spaces. Upgrades include copper plumbing, HVAC ducting, and an electrical panel; the property also needs some TLC. C2-1 zoning is identified for office, creative, medical, or select retail uses.
The rear suite comprises 671 square feet and is leased through January 1, 2028, with an option for vacant delivery. The two other suites are on month-to-month gross leases. The property can be delivered vacant. It is located on Vineland Avenue in North Hollywood.
The rear suite comprises 671 square feet and is leased through January 1, 2028, with an option for vacant delivery. The two other suites are on month-to-month gross leases. The property can be delivered vacant. It is located on Vineland Avenue in North Hollywood.
Key Highlights
- 3,247‑square‑foot, single‑story office building with three suites
- C2‑1 zoning; identified uses include office, creative, medical, or select retail
- Rear suite measures 671 SF and is leased through January 1, 2028, with an option for vacant delivery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,977
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,540
$1.4M
Cap Rate 7%
$1,013,957
$1.0M
Cap Rate 9%
$788,633
$788.6K
Market Conditions
NOI Build-Up for 3,247 SF
Gross rent
$124.7K $38.40/SF
− Vacancy
−$30.0K −$9.25/SF
EGI
$94.6K $29.15/SF
− OpEx
−$23.7K −$7.29/SF
NOI
$71.0K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,540
Cap Rate 7%
$1,013,957
Cap Rate 9%
$788,633
Alternative Uses
Best Use
Office B
$1.01M
$887.2K – $1.18M
NOI $70,977 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,690 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,277
Businesses Nearby
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Business Placement
Demographics for 91606, CA
43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - C2-1 zoning and a mix of office, kitchen, storage, and patio features support varied commercial configurations.
Where is this office building located?
The property is located at 6045 Vineland Avenue North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 3,247‑square‑foot, single‑story office building with three suites; C2‑1 zoning; identified uses include office, creative, medical, or select retail; Rear suite measures 671 SF and is leased through January 1, 2028, with an option for vacant delivery
