5250 Vineland Ave North Hollywood, CA 91601
- Office buildings
- 5,340 SF
- 0.17 lot acres
Current Use by Public Records
- Office buildings
Property Details for 5250 Vineland Ave
- Year built
- 1948
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 5,340 SF
- Zone code
- LACM
- Property type
- Office buildings
- APN
- 2416-004-012
- APU
- 2416004012
Description
This exceptional creative office space, located at 5250 Vineland Ave in Los Angeles, CA 91601, offers a flexible layout ranging from 3,000 to 5,340 square feet. Perfect for video production and audio recording, the property boasts state-of-the-art features including acoustic treatment and a large cyc wall. The single-tenant space is ideally suited for businesses requiring a blend of creative office space and production capabilities. Amenities include a well-equipped conference room, three bathrooms, a convenient kitchen, and ample storage. The property also includes six parking spaces, a significant advantage in this vibrant area. Situated in the heart of the NoHo Arts District, this location provides easy access to a variety of restaurants and is within close proximity to major entertainment studios, including Warner Bros. Studios and Disney (approximately 3.5 miles away). The surrounding area is known for its thriving creative media community, offering a collaborative and inspiring environment for businesses in the industry. This property presents a unique opportunity to establish a presence in a highly sought-after location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,450,000
- ML approach
- $2,405,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,075,000
- 6.5%
- $1,915,000
- 7%
- $1,780,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,881,000
Market price range: $1.35M - $2.88M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,380,000 Current use
- RESTAURANT
- $3,310,000 Change: +39% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $3,250,000 Change: +37% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,505,000 Change: +5% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,445,000 Change: +3% Conversion: Difficult
- MEDICAL BUILDING
- $2,425,000 Change: +2% Conversion: Easy
- RETAIL STORES
- $2,295,000 Change: -3% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $2,270,000 Change: -4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- North Hollywood
- County
- Los Angeles
- State
- California
- Longitude
- -118.37
- Latitude
- 34.1663
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
