$1,900,000
$2,097,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
11503 Burbank BLVD North Hollywood, CA 91601
6,442 Sqft Lot
Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD24249040
Sold Date 05/30/25
HOA Y/N No
Year Built 1970
Lot Size 6,442 Sqft
Property Sub-Type Retail
Property Description
Excellent cash flowing single tenant investment opportunity for this commercial retail property in a prime location with great visibility and traffic. This corner property has 10 parking spaces and been occupied by single long term tenant with a Cap Rate of over 7%. Business is not included in the sale. This standalone property is conveniently located in prime North Hollywood, minutes away from Toluca Lake, Studio City and Valley Village.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 2338029001
Financing Conventional
Special Listing Condition Standard
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Bought with Carlo Honanian Silver Spoon Properties