5000 Lankershim Blvd Los Angeles, CA 91601
This exceptional 5,394 square foot Class B office building is situated on a prominent corner lot in North Hollywood, Los Angeles, CA. Currently vacant, this property presents a unique investment opportunity. The building features three restrooms and is conveniently located near the Metro Transit Hub, offering excellent access to the 101, 170, and 5 freeways. The property sits on a substantial 6.021-acre lot, zoned LA-C4* - 1940*, providing ample space and potential for future development. The asking price is $2,500,000, translating to $518.16 per square foot. The property benefits from excellent street parking and its location within an Enterprise Zone. The building's address is 5000 Lankershim Boulevard, Los Angeles, CA 91601 (APN: 2353-009-015). This is a prime opportunity to acquire a well-located, sizable office building in a thriving area of Los Angeles. The property is being offered for sale by owner. The building consists of one structure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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