Property summary
This exceptional Los Angeles property, located at 5430-5434 Vineland Avenue, offers a unique blend of creative office and industrial space. The property comprises a multi-tenant office building of approximately 3,200 square feet and an adjacent warehouse of approximately 1,300 square feet, totaling roughly 4,500 square feet of usable space. Situated on four parcels totaling approximately 15,543 square feet, the property boasts MR2 zoning. Built in 1946 and renovated in 1947, this fully occupied (100%) investment opportunity generates a substantial annual gross rent of $215,100. The current tenants, primarily in recording studios, lease on a month-to-month basis, presenting a significant upside for owner-users or investors. Recent high-end improvements include a new roof, HVAC system, plumbing, septic system, and extensive interior renovations to the recording studios, including soundproofing and an additional bathroom. The property's location in the North Hollywood Arts District offers easy access to the 101, 170, and 134 freeways, making it highly desirable. The property's APN is 2416-002-010
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