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$ 1,200,000
Est. payment | /mo
2,500 Sqft Lot
$ 1,200,000
Est. payment | /mo
2,500 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26207068
HOA Y/N No
Year Built 1943
Lot Size 2,500 Sqft
Property Sub-Type Mixed Use
Property Description
Value-add office investment with immediate upside, and 23-unit mixed-use redevelopment potential. Two-story, 6-unit office building on a high-traffic stretch of Burbank Blvd in North Hollywood. Two suites are already renovated and leased to established healthcare tenants, with four additional suites ready for lease-up. Rear yard with alley access provides a realistic path to adding dedicated parking. LAC4 zoning with confirmed Transit Oriented Communities (TOC) Tier 3 status and no minimum parking requirement under state law (AB 2097). Approximately 0.5 miles to the North Hollywood Metro Station (B/Red Line + G/Orange Line). This is a living trust sale -- no court confirmation required. The adjacent parcel at 11482 Burbank Blvd is separately available; combined, the two contiguous parcels support up to 23 mixed-use units across 6 stories under confirmed TOC Tier 3 zoning.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAC4
Interior
Fireplace No
Laundry None
Building
Lot Description No Landscaping
Story 2
Water Public
Others
Tax ID 2350004058
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Trust
Listed by Nick Nekoo Prestige Beverly Hills 310-906-0055, DRE #01337329
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