Land For Sale • 0.57 AC
Currently, the property is leased to an autobody shop on a month-to-month basis, offering immediate income potential. For owner-users, this presents a unique opportunity to acquire a well-located, operational facility while benefiting from an existing income stream. This setup allows for flexibility in transitioning to ownership or expanding business operations without the immediate pressure of finding a new tenant.
Fully Entitled 100% Affordable 122 Unit Development |
Currently occupied by a tenant on a MTM lease, generating income during the permitting period |
Unique Location neighboring the Hollywood Hills, Universal City, and Studio City |
Close Proximity to Transit and Major Landmarks like Universal Studios and The Hollywood Bowl |
322,000 Vehicles Per Day along The 101 Freeway |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 4.4 mi |
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 10 min | - | 5.4 mi |
Airport | Drive | Walk | Distance |
Bob Hope | 12 min | - | 6.5 mi |
Los Angeles International | 30 min | - | 15.3 mi |
Long Beach (Daugherty Field) | 41 min | - | 31.0 mi |