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    5237 Lankershim Blvd Los Angeles, CA 91601

    Sponsored
    For Lease
    $35 SF/Yr

    Prime North Hollywood location, two retail spaces.

    Lot size:
    6,222 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents two available spaces totaling 7,614 square feet within a Class B building at 5237 Lankershim Boulevard in the vibrant NoHo Arts District of Los Angeles, California. Located in Los Angeles County, zip code 91601, this property offers a prime location for businesses seeking high visibility and foot traffic. The spaces are individually sized at 2,377 and 3,845 square feet, providing flexibility for various retail concepts. The building is classified as a multi-tenant property, offering a dynamic and collaborative environment. This is an ideal location for businesses looking to establish a presence in a thriving and culturally rich area of Los Angeles. The property's address is 5237 Lankershim Boulevard, Los Angeles, CA 91601. The property type is retail, specifically categorized as prime North Hollywood storefronts. This presents a unique chance to secure a prominent retail space in a highly sought-after neighborhood known for its artistic community and bustling commercial activity. The available square footage provides ample room for a variety of retail uses, making it an attractive option for businesses of different sizes and needs. The property's location offers excellent accessibility and visibility, ensuring maximum exposure to potential customers.

    Property Features for 5237 Lankershim Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,222 SF
    Class
    B

    Unit(s) available at that property

    Space
    5245
    Size
    2,377 SF
    Rate per SF
    $35
    Space
    5237-41
    Size
    3,845 SF
    Rate per SF
    $35

    HighLights

    • 7,614 SF of retail space available in two suites (2,377 SF & 3,845 SF) at 5237 Lankershim Blvd, North Hollywood, CA 91601.
    • Excellent visibility and signage in the NoHo Arts District.
    • Abundant nearby amenities and a convenient location near the Metro.
    • Prime North Hollywood storefront location with high foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -118.37531574147
    Latitude
    34.165918104047

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    FAQs

    What type of property is this?
    Retail property - Prime North Hollywood location, two retail spaces.
    Where is this retail property located?
    The property is located at 5237 Lankershim Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 7,614 SF of retail space available in two suites (2,377 SF & 3,845 SF) at 5237 Lankershim Blvd, North Hollywood, CA 91601.; Excellent visibility and signage in the NoHo Arts District.; Abundant nearby amenities and a convenient location near the Metro.
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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
    5237 Lankershim Blvd Los Angeles, CA 91601
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