6030 Laurel Canyon Blvd Los Angeles, CA 91606
- Retail properties
- 6,600 SF
Current Use by Public Records
- Retail properties
Property Details for 6030 Laurel Canyon Blvd
- Year built
- 1969
- Property size
- 6,600 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This 6,600-square-foot freestanding retail building in North Hollywood, CA, presents a unique owner-user or investment opportunity. Located at 6030 Laurel Canyon Blvd, this Class C property boasts exceptional street frontage and visibility from a high-traffic intersection. Its strategic location offers close proximity to the 170 Freeway on- and off-ramps, ensuring convenient access. The property includes ample on-site parking directly in front of the storefront and features pylon signage for enhanced visibility. Built in 1969, the single-story building currently has approximately 40% occupancy, with a long-term tenant, Dean Security, occupying roughly 2,410 square feet. The asking price is $3,000,000, translating to $454.55 per square foot. Recent capital improvements include five brand new HVAC units. The property is zoned LAPF, offering flexibility for a variety of uses. This presents an ideal scenario for a business owner seeking to establish a presence in a thriving neighborhood or an investor looking to add a strategically located asset to their portfolio. The existing rental income provides a stable foundation for future growth and potential upside. The property's prime location and recent improvements make it an attractive investment with significant potential for return.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.396
- Latitude
- 34.18
