6020-6030 Laurel Canyon Blvd - Freestanding FOR SALE


North Hollywood, CA 91606
$3,000,000 USD
818-697-9364
6020-6030 Laurel Canyon Blvd, North Hollywood, CA for Sale
$3,000,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

6020-6030 Laurel Canyon Blvd
North Hollywood, CA 91606


HIGHLIGHTS

  • Right off the 170 FWY
  • Pylon Signage
  • On-site front parking
  • 5 Brand New HVAC Units
  • In-place Rental Income

OVERVIEW

6030 Laurel Canyon is a 6,600-square-foot retail property strategically located in North Hollywood, one of the most vibrant sub markets in Los Angeles, California. This property boasts exceptional street frontage and a freestanding identity, alongside strong retail fundamentals such as close proximity to both the on- and off-ramps of the 170 Freeway, visibility from the high-traffic, signalized intersection of Laurel Canyon and Oxnard, and convenient on-site parking directly in front of the storefront. Offered for sale for the first time since its original construction, this exciting opportunity appeals to a wide range of buyers. Currently just below 40% occupancy, the sale presents an ideal scenario for a business owner looking to establish roots in a rapidly developing neighborhood (see page #6 for details on potential SBA financing) or alternatively an opportunity for an investor to enhance their portfolio by exercising their own strategic vision over the asset. In either case, the new buyer will benefit from recent capital improvements made by the seller, as well as stable, in-place income from long-term tenant Dean Security, which currently occupies approximately 2,410 square feet.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$451 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Amazing NoHo Owner-User Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

LAPF

APN/PARCEL ID

2333-013-019

ASK ABOUT THIS PROPERTY

Caleb Morrisonilli Commercial Real EstateMore Info
818-697-9364

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Caleb Morrisonilli Commercial Real EstateMore Info
818-697-9364

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