10623 Burbank Blvd - Loft/Creative Space FOR SALE


North Hollywood, CA 91601
$1,850,000 USD
424-468-4333
10623 Burbank Blvd, North Hollywood, CA for Sale
$1,850,000 USD
Loft/Creative Space - FOR SALE
1/25
null | 5% Cap Rate

10623 Burbank Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • Free standing corner building
  • High Traffic Count
  • Distress Sale
  • Excellent Owner User Investment Opportunity
  • High Visibility

OVERVIEW

Distress property bring your offers for a great opportunity to purchase a very nice property. Corner lot Commercial Building at Burbank & Willow Crest intersection. One-Of-a-kind Investment opportunity in sought after North Hollywood, in most upcoming neighborhoods. Can be "Owner User" or divided to a few stores, offices and rented separately. Approximately 4,991 sq feet usable area. Existing 9 offices, 2 restrooms,1 media room and auditorium can easily transform to any floorplan you desire. Close To Freeway 5 and 101. Close to Universal Studios. Great for Medical Offices, Dental, Multi Media, the opportunities are endless!

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$371 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,251 SF

ZONING

LAC2

APN/PARCEL ID

2415-023-001

ASK ABOUT THIS PROPERTY

Michael KamaliPARS PROPERTIESMore Info
424-468-4333

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Michael KamaliPARS PROPERTIESMore Info
424-468-4333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.