Please submit backup offers with a minimum of $3M; as is w/ standard due diligence period. All cash or proof of funds.
Salisbury Group, Inc. a California corporation is pleased to offer the Sale of a redevelopment opportunity/owner/occupant land bank in this fast-growing North Hollywood neighborhood in the Lankershim Ranch.
This versatile property presents an exceptional opportunity for owner-occupants, developers, or industrial users seeking a well-located asset in a high-demand commercial and light industrial corridor. With a strategic location, flexible zoning, and convenient access to major freeways and public transportation, this property is ideally suited for a variety of City approved M1 uses such as industrial, commercial, or mixed-use applications.
Location & Accessibility:
Positioned in the thriving North Hollywood submarket, the property benefits from excellent connectivity to key commercial and industrial hubs.
Freeway Access:
0.2 miles to the I-5 Freeway (Golden State Fwy) – Direct access to Downtown Los Angeles and the San Fernando Valley
1.31 miles to the CA-170 Freeway (Hollywood Fwy) – Quick connection to Burbank and Studio City
4.8 miles to the US-101 Freeway (Ventura Fwy) – Provides access to West Los Angeles and beyond.
Public Transit:
3.5 miles to North Hollywood Metro Station (B Line – Red & G Line – Orange) – Easy commuting to DTLA and Warner Center
Multiple Metro Bus lines service Lankershim Blvd and the surrounding area.
Nearby Amenities:
The property is surrounded by a mix of retail, dining, entertainment, and business services, adding value to employees, customers, and investors alike.
Retail & Dining:
Various shopping centers, fast-casual dining, and local eateries along Lankershim Blvd and Victory Blvd.
Entertainment:
Just minutes from Universal Studios Hollywood and Universal CityWalk, a major entertainment hub.
Industrial & Commercial Neighbors:
Close proximity to other industrial businesses, creative office spaces, and distribution centers
Investment Highlights:
Prime Redevelopment Potential – Ideal for an investor or developer looking to reposition the property for modern light industrial, creative office, or mixed-use applications
Strategic Owner-User Opportunity – Move-in ready or adaptable for various industrial/commercial uses
Growing North Hollywood Market – Located in one of Los Angeles’ most dynamic and rapidly evolving submarkets.
This is a rare opportunity to acquire a well-positioned industrial asset with significant upside potential. Contact Salisbury Group, Inc. today to learn more about this exceptional investment opportunity!