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    5011-5019 Lankershim Blvd Los Angeles, CA 91601

    Sponsored
    For Lease
    $36 SF/Yr

    Prime Lankershim Blvd location, modern shop space

    Lot size:
    9,818 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional North Hollywood retail property, located at 5011-5019 Lankershim Boulevard, offers 1,525 square feet of vacant space within a larger 9,818 square foot building. The single-story building, constructed in 1948 and renovated in 2020, is classified as Class A and sits on a 0.59-acre lot. The property features a total of 25 parking spaces and is zoned LAC4 (tenant to verify). The available space is part of a multi-tenant building with four total suites, offering a minimum divisible space of 1,525 square feet and a maximum contiguous space of 1,525 square feet. Its prime location on Lankershim Boulevard in the North Hollywood submarket of Los Angeles provides excellent visibility and accessibility. The property benefits from its proximity to the NoHo Arts District, known for its vibrant cultural scene and high foot traffic. This location offers easy access to a variety of dining and retail options, creating a desirable environment for businesses. The property boasts a modern design with abundant natural light, creating a bright and inviting atmosphere. The Los Angeles County property, with APN 2353-011-001, presents a unique opportunity for businesses seeking a high-profile location in a thriving community. While elevators are not available, the property's single-story design ensures easy accessibility. The property includes power. This is an ideal space for businesses seeking a modern, dynamic, and highly visible location in the heart of North Hollywood.

    Property Features for 5011-5019 Lankershim Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,818 SF
    Class
    A
    Total Rate
    29454

    Building Details

    Year Built/Renovated
    1948/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Prime NOHO Retail
    Size
    1,525 SF
    Rate per SF
    $36

    HighLights

    • 1,525 SF of vacant retail space available in a 9,818 SF building at 5011‑5019 Lankershim Blvd, North Hollywood.
    • Single‑story, Class A building (1948 construction, 2020 renovation) on a 0.59‑acre lot with 25 parking spaces.
    • Located in the NoHo Arts District, offering high visibility and accessibility.
    • Modern design with abundant natural light.
    • Zoned LAC4 (tenant to verify).
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.37237006211
    Latitude
    34.161248233439

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    FAQs

    What type of property is this?
    Individual retail property - Prime Lankershim Blvd location, modern shop space
    Where is this individual retail property located?
    The property is located at 5011-5019 Lankershim Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 1,525 SF of vacant retail space available in a 9,818 SF building at 5011-5019 Lankershim Blvd, North Hollywood.; Single-story, Class A building (1948 construction, 2020 renovation) on a 0.59-acre lot with 25 parking spaces.; Located in the NoHo Arts District, offering high visibility and accessibility.
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    5011-5019 Lankershim Blvd Los Angeles, CA 91601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5011-5019 Lankershim Blvd Los Angeles, CA 91601
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