5142 Vineland Ave - Freestanding FOR SALE


North Hollywood, CA 91601
$1,495,000 USD
818-613-4478
5142 Vineland Ave, North Hollywood, CA for Sale
$1,495,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

Apr '25


5142 Vineland Ave
North Hollywood, CA 91601


HIGHLIGHTS

  • Open floor plan with multiple potential uses
  • Gated off street parking on the side of the building with ingress from Vineland Avenue and egress to alley in the rear
  • Can be split into two units; property has had two addresses in the past and has two entry doors on Vineland Avenue

OVERVIEW

Redevelopment opportunity for investors or owner-users. Building was damaged by fire and is being offered in its AS IS condition; property is priced to reflect renovation cost and offers significant upside potential. The building's structural shell remains intact while the interior - beyond the front office - has been fully gutted, presenting a prime opportunity for a custom build-out. *Prime NoHo Arts district Location: Situated within the vibrant NoHo Arts District, an area known for its thriving creative community, entertainment venues and strong commercial demand. *Building Condition: Structural shell is intact; full interior build-out required. *Major Systems Restoration Needed: HVAC, plumbing and electrical systems must be reinstated. *Roof: Recent inspection reports that roof is in generally good condition needing only minor maintenance. *Parking Advantage: Rare ingress from Vineland Avenue and rear alley egress - uncommon for properties in this corridor - enhancing accessibility and usability. *Estimate for repairs is available for review.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,492 SF

ZONING

LAC4

APN/PARCEL ID

2419-001-018,2419-001-019

ASK ABOUT THIS PROPERTY

Thomas MasteraniDilbeck RealtorsMore Info
818-613-4478

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Thomas MasteraniDilbeck RealtorsMore Info
818-613-4478

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