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Property profile

5011-5019 Lankershim Blvd Los Angeles, CA 91601

OFF-MARKET
Retail properties & Spaces
9,818 SF 0.59 ac lot Built 1948
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1948
Total area 9,818 SF
Lot 0.59 ac (25,700 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5011-5019 Lankershim Blvd Los Angeles, CA 91601
Los Angeles metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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