5058-5062 Lankershim Blvd Los Angeles, CA 91601
- Retail properties
- 2,925 SF
Current Use by Public Records
- Retail properties
Property Details for 5058-5062 Lankershim Blvd
- Year built
- 1941
- Property size
- 2,925 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional storefront property at 5058-5062 Lankershim Blvd in Los Angeles, CA, presents a compelling owner-user or investment opportunity. Boasting 2,925 square feet on a 6,001 square foot lot, this retail space is ideally situated in the vibrant NoHo Arts District. Built in 1941, the property benefits from a prominent 56-foot frontage, ensuring high visibility and attracting significant foot traffic. The location is surrounded by national tenants and enjoys close proximity to major freeways, including the 101, 170, and 134, providing excellent accessibility. The property is zoned LAC4 and its APN is 2353-008-016. The surrounding area is experiencing significant growth, with new housing and retail developments further enhancing its appeal and potential for future appreciation. This is a rare opportunity to acquire a well-positioned retail space in a thriving and densely populated area. The asking price is $3,000,000. The property is offered for sale by owner. This prime location offers unparalleled potential for a variety of retail businesses.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.373
- Latitude
- 34.1625
