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7436-7444 Lankershim Blvd
North Hollywood, CA 91605

$2,550,000 USD

Storefront Retail Residential For Sale  •  4,217 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 4,217 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1945
  • Cap Rate 5.37 %
  • Tenancy Multiple
  • Zoning LAC2
49 Transit Score
71 Walk Score

Highlights

Heavy day time foot/car traffic
Near Metro/bus access, as well as the Bob Hope Airport
Dual Access to Lot- from Lankershim and Alleyway

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $136,822 USD (2024)
Cap Rate: 5.37 %
Total Expenses: $36,050 USD

Amenities

  • Corner Lot
  • Fenced Lot
  • Metro/Subway
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) 3 min - 2.2 mi
Burbank Airport - North (Av Line) Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains) 5 min - 3.1 mi
AirportDriveWalkDistance
Bob Hope 4 min - 2.0 mi
Los Angeles International 37 min - 25.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
David Nalbandyan 747-474-4515 LA Premier Realty
David Nalbandyan 747-474-4515 LA Premier Realty