5160 Vineland Ave North Hollywood, CA 91601-3888
- Community centers
- 19,200 SF
- 1.18 lot acres
Current Use by Public Records
- KeyMe Locksmiths / Emergency Locksmith Service / Locksmith
- Sin City NoHo / Vaporizer Store / Cigar Shop
- Dr. Yury Gershfeld, DDS / Dentist
- Jacquelyn Demetroff / Audiologist
- The Flame Broiler / Fast Food Restaurant / Asian Restaurant
Property Details for 5160 Vineland Ave
- Year built
- 1993
- Construction
- WOOD
- Lot size
- 1.18 lot acres
- Property size
- 19,200 SF
- Zone code
- LAC4
- Property type
- Community centers
- APN
- 2419-001-042
- APU
- 2419001042
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Hollywood
- County
- Los Angeles
- State
- California
- Longitude
- -118.369
- Latitude
- 34.1642
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA