5018 Lankershim Blvd.
North Hollywood, CA
The Opportunity
Property Overview
- BUILDING AREA ± 6,175 SF (Buyer to verify)
- LAND SIZE ± 6,003 SF (Buyer to verify)
- YEAR BUILT 1931
- FRONTAGE ± 56 feet fronting Lankershim Blvd.
- APN 2353-009-011
- ZONING LAC4 (Buyer to verify)
- PARKING 3 spaces in rear with abndant local parking
- SALE PRICE $2,995,000 ($485/SF Building)
Discover this stunning bow truss property located in the heart of the thriving NOHO Arts District. Boasting an expansive open layout, the space features exposed beams, polished concrete floors, and approximately 6,175 square feet of usable space*.
Highlights include a wide-open layout with a spacious loft/mezzanine area and a prime location in the bustling Arts District. Situated just steps away from Amazon Fresh, WeWork, Laemmle NoHo 7 theaters, and a proposed 7-story hotel with commercial space and 125 rooms, this property is ideally positioned to take advantage of the area’s vibrant energy.
Located at 5018 Lankershim Blvd, this property enjoys excellent visibility with 56 feet of frontage along a heavily trafficked street. It is also situated within the State Enterprise and Opportunity Zone, offering potential tax advantages.
Additional features include three parking spaces at the rear of the building with possible expansion potential, two private offices, three bathrooms, and ample storage. Currently owner-occupied, the property can be delivered vacant, making it a rare and versatile opportunity for various uses.
Don’t miss the chance to own a standout property in one of Los Angeles’ most dynamic neighborhoods!
*4,675 square feet per city records, however the building includes a highly usable mezzanine consisting of showroom, office, bathroom and warehouse space which was built in 2015 and, to Seller’s best recollection, improved to code at the time of construction.