7129-7133 Vineland Ave - Warehouse FOR SALE


North Hollywood, CA 91605
$3,995,000 USD
310-487-4447
7129-7133 Vineland Ave, North Hollywood, CA for Sale
$3,995,000 USD
Warehouse - FOR SALE
1/11
null | 5.6% Cap Rate

Apr '25


7129-7133 Vineland Ave
North Hollywood, CA 91605


HIGHLIGHTS

  • Pro Forma Cap Rate: 7.6%
  • MTM Tenants
  • High Demand for industrial space in the area with M2 Zoning
  • Perfect for owner user or investor
  • 37 parking spaces on site

OVERVIEW

Great opportunity for an investor or an owner user. 2 Tenants on a lease and 4 tenants on a MTM. Owner user can occupy 7500 sq ft immediately. Investor can capture Pro Forma CAP RATE of 7.6% immediately after purchase by increasing the rents of the MTM tenants or getting new tenants. 7133 Vineland unit 1 was just on the market for lease and there is an overflow of interested parties at $4,000 a month. Other MTM units can easily put new tenants in place at this higher rent. Unit 4 has a spray booth and can be leased for more than the other units as it is very hard to obtain a spray booth license. M2 Zoning- Light Industrial Space perfect for any industrial use, light manufacturing, automotive use, storage space and more

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

7

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.69

LAND SF

30,056

ZONING

LAM2

APN/PARCEL ID

2319-002-010

ASK ABOUT THIS PROPERTY

Shahab ZarrabiColdwell Banker Commercial RealtyMore Info
310-487-4447

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Shahab ZarrabiColdwell Banker Commercial RealtyMore Info
310-487-4447

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