5236-5238 Laurel Canyon Blvd - Office FOR SALE


Valley Village, CA 91607
$1,150,000 USD
818-212-2776
5236-5238 Laurel Canyon Blvd, Valley Village, CA for Sale
$1,150,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

5236-5238 Laurel Canyon Blvd
Valley Village, CA 91607


HIGHLIGHTS

  • Convenient Freeway Access: Centrally located between the 101 Freeway (0.8 miles south) and the 170 Freeway (0.8 miles east)
  • Recent Improvements: New roof installed in Summer 2024
  • Flexible Space: Potential to divide into two separate units, each with its own address, entrance and restroom, ideal for generating rental income
  • Parking: Rear alley-accessible parking with 4 total spaces (Parking Ratio – 2.29/1,000 SF)
  • High Traffic Area: Located along Laurel Canyon Blvd, a major North/South thoroughfare with nearly 33,000 vehicles per day
  • Surrounding Amenities: Close to upscale retailers, schools, and newly constructed apartment buildings

OVERVIEW

Marcus & Millichap is pleased to present 5236-5238 Laurel Canyon Blvd, an exceptional opportunity to acquire a 1,750-square-foot retail/office building on a 0.06-acre LAC2-zoned parcel in the highly sought-after Valley Village neighborhood. Strategically positioned along Laurel Canyon Blvd, a major North/South thoroughfare, the property enjoys exposure to nearly 33,000 vehicles per day. Just one block north of the Magnolia Blvd/Laurel Canyon Blvd intersection, this prime location is surrounded by shopping & dining options, schools, and newly developed luxury apartment buildings, ensuring a steady stream of foot traffic. With a Walk Score of 88 (“Very Walkable”), the area is pedestrian-friendly and filled with nearby amenities. Additionally, within a 5-mile radius, the neighborhood boasts a population of 588,945 residents and an average household income of $117,906, creating a strong base of potential customers and employees. Previously home to a printing shop and currently utilized for vintage car storage, this well-maintained building offers a flexible configuration. It can be divided into two individual spaces, each with its own address, entrance, and restroom, making it ideal for an owner-user or an investor seeking rental income. The property had a new roof installed in the Summer of 2024. A private, alley-accessible parking lot with 4 tandem parking spaces (2.29/1,000 SF parking ratio) provides convenience, while double doors at the rear allow for easy loading and unloading. Positioned between two major San Fernando Valley freeways, the property offers seamless access to key business hubs. The 101 Freeway, located just 0.8 miles south, connects to West Los Angeles and beyond, while the 170 Freeway, also 0.8 miles east, provides easy access to the rest of the Valley and greater Los Angeles. With favorable SBA financing options, this is a rare opportunity to own a high-visibility asset in one of the most vibrant and growing submarkets in Los Angeles. Whether you’re looking to establish your own business, secure passive income, or hold a prime piece of real estate, this property can deliver on all fronts.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$657 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,749 SF

ZONING

LAC2

APN/PARCEL ID

2348-008-023

ASK ABOUT THIS PROPERTY

Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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