5018 Lankershim Boulevard North Hollywood, CA ^$ 3,750,000

5018 Lankershim Boulevard

^$ 3,750,000

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Recently Listed

5018 Lankershim Boulevard

North Hollywood, CA, 91601

^$ 3,750,000

Studio Baths0.0 Sq 4,675

Monthly Estimate*

^$ 26,195

Listed by Berkshire Hathaway HomeServices California Properties

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Studio

Commercial Property for sale in North Hollywood, CA

for $3,750,000. This 4,675 square foot building was built in 1931 on a lot size of 0.1378.

Bow Truss architectural gem in the heart of the NOHO Arts District. This property features a wide open design with exposed beams and polished concrete floors - with 4,675 square feet on the ground level, plus a large loft/mezzanine area situated on a 6,003 SF lot. Ideally located directly in the densely populated and thriving Arts District just steps to Amazon Fresh, WeWork workplace, Laemmle 7 theaters, and talks of a soon to come 7-story hotel featuring commercial space and 125 rooms. 5018 Lankershim benefits from excellent visibility and 56 feet of frontage along highly trafficked Lankershim Blvd and is within the State Enterprise and Opportunity Zone. The property features 2 parking spots in the back with the possible potential to expand with reconfiguration to the rear of the building - in addition to 2 private offices, 3 bathrooms, and plenty of storage. Property is currently owner occupied and can be delivered vacant.

Commercial Active

Price

^$ 3,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1378

Year Built

1931

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

24378785

Days on Market

Features

General

Zoning LAC4

HOA 0.0

Year Built 1931

County Los Angeles

Insurance Expense 10000.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions South of Magnolia West of Vineland

City North Hollywood

View Y/N N

Senior Community Y/N N

MLS Area NHO - North Hollywood

Lot Size Square Feet 6003.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Lankershim

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 3

Standard Status Active

Exterior

Total Parking 2.0

Lot Size Area 6003.0

Spa N

Building Area Total 4675.0

Lot Size Acres 0.1378

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Boulevard

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 5018

* Excluded Features

List By

Berkshire Hathaway Homeservices California Properties

Broker

(424) 245-5763

Phone

Affordability Calculator

$26,195

Per Month

Monthly Principal & Interest: $26,195
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in North Hollywood, CA

Average List Price ^$1,274,560

Percent of Sale Price 66%

About North Hollywood, CA

158,455 Population

0% Since 2002

^$0 Median Income

0 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/17/2024	$3,750,000		Listed Price

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5018 Lankershim Boulevard, North Hollywood, CA, 91601 is a Commercial Property for sale at $3,750,000 with 4,675 sqft and a lot size of 0.1378. 5018 Lankershim Boulevard is a studio with 0.0 baths and was built in 1931. The property's zip code is 91601 which is in North Hollywood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5018 Lankershim Boulevard

Commercial Property for sale in North Hollywood, CA

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