5342 Harmony Ave - Warehouse FOR SALE


North Hollywood, CA 91601
$4,000,000 USD
818-613-9526
5342 Harmony Ave, North Hollywood, CA for Sale
$4,000,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

5342 Harmony Ave
North Hollywood, CA 91601


HIGHLIGHTS

  • 14,100 Square Feet of Industrial Space on a 35,284 Square Foot Lot.
  • Two Metal Frame Buildings with One Dock-High Loading Area, Two Drive-Ins, and High Ceilings of Approximately 18 Feet.
  • Property will be Delivered Vacant, Offering Flexibility for Occupancy, Repositioning, or Redevelopment.
  • Eligible for SBA Financing with Low Down Payment Options (10-15%) and Tax Benefits.
  • Surrounded by an Affluent Demographic, with an Average Household Income of $118,273 within a 5-Mile Radius, and Serving a Population Exceeding 560,000
  • Equipped with 3 Phase – 750+ AMPS Power Supply (Buyer to Verify)

OVERVIEW

The Ovaness-Rostamian Group of Marcus & Millichap is excited to offer an exclusive investment opportunity with significant redevelopment potential at 5342 Harmony Avenue, North Hollywood, CA. This property, located in one of Los Angeles’ most desirable locales, encompasses 14,100 square feet of industrial space on a generous 35,284 square foot lot. Property Features: Infrastructure: Two metal frame buildings, 1 dock high loading, 2 Drive-Ins 12’ x 16’, expansive outdoor storage, and high ceilings of approximately 18 feet. Power: 3 Phase – 750+ AMPS (Buyer to Verify) Zoning: The site falls under Restricted Industrial Zoning (MR1) within a Tier 3 Transit Oriented Community (TOC), which potentially supports high-density residential redevelopment. For detailed zoning insights, please consult with the listing agent. The property will be delivered vacant, affording the new owner the opportunity to either occupy, reposition, or redevelop the site to capitalize on its strategic zoning. For owner-users, financing through the Small Business Administration (SBA) could make ownership more financially viable than leasing, especially with the low-down payment requirements (10-15%) and the fiscal benefits of real estate ownership.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.81

LAND SF

35,284

ZONING

LAMR1

APN/PARCEL ID

2416-011-020

ASK ABOUT THIS PROPERTY

Aren OhanianMarcus & MillichapMore Info
818-613-9526

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Aren OhanianMarcus & MillichapMore Info
818-613-9526

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