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    6030 Laurel Canyon Blvd Los Angeles, CA 91606

    Sponsored
    For Sale
    $3,000,000

    6,600 SF Storefront, Owner-User Opportunity

    Property size:
    6,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 6,600-square-foot freestanding retail building in North Hollywood, CA, presents a unique owner-user or investment opportunity. Located at 6030 Laurel Canyon Blvd, this Class C property boasts exceptional street frontage and visibility from a high-traffic intersection. Its strategic location offers close proximity to the 170 Freeway on- and off-ramps, ensuring convenient access. The property includes ample on-site parking directly in front of the storefront and features pylon signage for enhanced visibility. Built in 1969, the single-story building currently has approximately 40% occupancy, with a long-term tenant, Dean Security, occupying roughly 2,410 square feet. The asking price is $3,000,000, translating to $454.55 per square foot. Recent capital improvements include five brand new HVAC units. The property is zoned LAPF, offering flexibility for a variety of uses. This presents an ideal scenario for a business owner seeking to establish a presence in a thriving neighborhood or an investor looking to add a strategically located asset to their portfolio. The existing rental income provides a stable foundation for future growth and potential upside. The property's prime location and recent improvements make it an attractive investment with significant potential for return.

    Property Features for 6030 Laurel Canyon Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,600 SF
    Class
    C

    Building Details

    Year Built
    1969
    Stories
    1

    HighLights

    • Excellent freeway access via the 170 FWY.
    • Ample on‑site parking with convenient front access.
    • Generating immediate rental income.
    • High‑visibility pylon signage.
    • Equipped with five brand‑new HVAC units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -118.39642650672
    Latitude
    34.179989003998

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    FAQs

    What type of property is this?
    Individual retail property - 6,600 SF Storefront, Owner-User Opportunity
    Where is this individual retail property located?
    The property is located at 6030 Laurel Canyon Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Excellent freeway access via the 170 FWY.; Ample on-site parking with convenient front access.; Generating immediate rental income.
    Request Owner's contact information
    6030 Laurel Canyon Blvd Los Angeles, CA 91606
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    Los Angeles, CA 91606
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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
    6030 Laurel Canyon Blvd Los Angeles, CA 91606
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