5160 Vineland Ave, North Hollywood, CA 91601-3888
This exceptional retail opportunity presents itself at Magnolia Shopping Center, a 20,000 square foot property located at 5160 Vineland Ave, Los Angeles, CA 91601. Built in 1993, this multi-tenant shopping center boasts a prime location at a major signalized intersection experiencing approximately 58,000 cars daily, and benefits from a Walk Score of 94. Currently, there are two available spaces: one end-cap unit of approximately 2,000 square feet situated adjacent to a Ralphs Grocery store, and an additional space of approximately 2,400 square feet. The minimum divisible space is 1,500 square feet. The center features recently refreshed and painted interiors, monument signage, and ample parking in a large onsite lot, easily accessible via multiple entrances. Its strategic location near the thriving NoHo Arts District, coupled with its proximity to the Metro Rail and the 101 and 134 freeways, ensures high visibility and accessibility. The area exhibits strong multi-family density, further enhanced by numerous new residential developments currently underway. This property offers a compelling investment opportunity in a rapidly growing and highly desirable Los Angeles neighborhood. 4,400 square feet of space is currently vacant.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC4 · North Hollywood, CANorth Hollywood. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.