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Property profile

5303 Lankershim Blvd Los Angeles, CA 91601

OFF-MARKET
Retail properties & Spaces
12,500 SF Built 1923
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Property summary

AI-generated overview

This exceptional 12,500 square foot building, constructed in 1923, presents a rare opportunity in the vibrant North Hollywood Arts District. Located at 5303 Lankershim Blvd, Los Angeles, CA 91601, this property boasts a rich history as a former bank, serving as a community landmark for decades. Currently configured as multi-tenant retail and office space, two suites totaling 5,400 square feet are immediately available. The building has undergone a complete renovation, ensuring modern amenities for its next occupants. Its prime location sits at a signalized intersection, providing excellent visibility and accessibility. The North Hollywood Arts District is renowned for its thriving culinary scene, diverse galleries, and unique shops, attracting a large and diverse clientele. This area serves as a central hub for creative professionals from Hollywood, the San Fernando Valley, Burbank, and Los Feliz. The property's historical significance, combined with its modern upgrades and strategic location, makes it an ideal investment for businesses seeking a prominent presence in a rapidly growing and culturally rich neighborhood. The building's substantial size offers flexibility for a variety of uses, catering to the needs of both established businesses and emerging enterprises.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1923
Total area 12,500 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency

Location

5303 Lankershim Blvd Los Angeles, CA 91601
Los Angeles metro
Google Maps

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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