5058-5062 Lankershim BlvdLos Angeles, CA 91601

Property Details for 5058-5062 Lankershim Blvd

Year built

1941

Property size (Sq ft)

2,925 SF

Property type

Retail properties

Property subtype

Other retail properties

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.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.1625

Longitude

-118.373

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