4940 Vineland AveLos Angeles, CA 91601

Property Details for 4940 Vineland Ave

Year built

1951

Construction

WOOD

Lot size

0.11 AC

Property size (Sq ft)

2,682 SF

Zone code

LAC4

Property type

Office properties

Property subtype

Office buildings

APN

2421-010-010

APU

2421010010

Description

This single-story, 2,682 square foot creative office building in Los Angeles' vibrant NoHo Arts District presents a unique owner-user opportunity. Located at 4940 Vineland Ave, 91601, this property boasts a prime location ideal for studio, post-production, office, or retail uses. The building, renovated in 2004, features two kitchenettes and two bathrooms. One studio space includes automated skylights, enhancing natural light and functionality. Three HVAC units ensure climate control throughout the space. A secure rear parking lot provides convenient parking for tenants and staff. The property sits on a 4,949 square foot lot and offers significant potential with an additional 4,949 square feet of air rights. This vacant building is ready for immediate occupancy and customization to suit a variety of business needs. The property's versatile layout and desirable location make it an exceptional investment opportunity. The Los Angeles County Assessor's Parcel Number (APN) is 2421-010-010.

• CAP approach

  CAP return

  Valuation

  6%

  $776,380

  6.5%

  $716,658

  7%

  $665,469

• Comparable approach

  Method

  Valuation

  Relative Method

  $510,009

  Geo Method

  $510,009

• Alternative Use

  Use

  Valuation

  Residential

  $888,656

  Hospitality

  $814,005

  Educational

  $677,242

  Medical

  $700,534

  Retail

  $1,053,488

Location Insight

City

North Hollywood

County

Los Angeles

State

California

Latitude

34.1604

Longitude

-118.37

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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