11503 Burbank Blvd - Freestanding FOR SALE


North Hollywood, CA 91601
$2,219,000 USD
818-612-3242
11503 Burbank Blvd, North Hollywood, CA for Sale
$2,219,000 USD
Freestanding - FOR SALE
1/10
null | 7% Cap Rate

11503 Burbank Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • Prime location in North Hollywood, minutes drive to Studio City, Toluca Lake, Valley Village and Burbank
  • Corner Lot
  • Long term tenant

OVERVIEW

Excellent 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 almost 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, Valley Village and Burbank.

FOR SALE DETAILS

PRICE

$2,219,000 USD

PRICE/SF

$757 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C2

APN/PARCEL ID

2338-029-001

ASK ABOUT THIS PROPERTY

Carlo HonanianSilver Spoon Properties & LendingMore Info
818-612-3242

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Carlo HonanianSilver Spoon Properties & LendingMore Info
818-612-3242

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