Turnkey High End Buildout | Delivered Vacant | 10620 Magnolia Blvd
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Turnkey High End Buildout | Delivered Vacant 10620 Magnolia Blvd
4,275 SF Retail Building North Hollywood, CA 91601 $2,399,000 ($561/SF)
Investment Highlights
- Fully Turnkey High-End Buildout
- 10620 Magnolia: 2,475 SF Office/Retail
- 2 Commercial/Retail Spaces! C4 Zoning
- 10618 Magnolia: 1,800 SF Retail Storefront/Showroom
- Fully Gutted to the studs with all new framing, electrical, roof, HVAC, kitchen and bathrooms, custom glass partitions, and polished concrete floors
- Delivered Vacant
Executive Summary
10618-10620 Magnolia Blvd is a fully remodeled retail / office property located in the heart of the NoHo Arts District. This unique opportunity presents the flexible option to purchase the two adjacent properties together for owner usage or using one and renting the other. To be delivered vacant.
This fully remodeled contemporary building includes two separate addresses and APNs for a total of 4,275 square feet on 4,510 square feet of land zoned C4-1-CA, offering a wide variety of commercial use potential.
10618 Magnolia Boulevard is comprised of 1,800 square feet of retail space currently used as a showroom.
10620 Magnolia Boulevard is comprised of 2,475 square feet of creative office space with a kitchen, conference room, four large offices, and two bathrooms.
The entire property was gutted by the current owners to the studs with all new framing, insulation, roof, electrical (including all new panel and subpanel). The property also comes with two brand new bathrooms, a new kitchen, two new HVAC units, three ceiling mount ductless AC units, all new custom glass partitions for four large office spaces, polished concrete floors, and a new garage door.
10618-10620 Magnolia Boulevard offers the rare opportunity for an owner user or investor to acquire a turnkey property with no expense spared in one of the most desirable neighborhoods in Los Angeles.
This fully remodeled contemporary building includes two separate addresses and APNs for a total of 4,275 square feet on 4,510 square feet of land zoned C4-1-CA, offering a wide variety of commercial use potential.
10618 Magnolia Boulevard is comprised of 1,800 square feet of retail space currently used as a showroom.
10620 Magnolia Boulevard is comprised of 2,475 square feet of creative office space with a kitchen, conference room, four large offices, and two bathrooms.
The entire property was gutted by the current owners to the studs with all new framing, insulation, roof, electrical (including all new panel and subpanel). The property also comes with two brand new bathrooms, a new kitchen, two new HVAC units, three ceiling mount ductless AC units, all new custom glass partitions for four large office spaces, polished concrete floors, and a new garage door.
10618-10620 Magnolia Boulevard offers the rare opportunity for an owner user or investor to acquire a turnkey property with no expense spared in one of the most desirable neighborhoods in Los Angeles.
Data Room Click Here to Access
Property Facts In Escrow
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,275 SF
Building Class
C
Year Built/Renovated
1940/2023
Price
$2,399,000
Price Per SF
$561
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.12 AC
Zoning
LAC4-1-CA - Commercial / Residential / Office Use
Parking
2 Spaces (0.47 Spaces per 1,000 SF Leased)
Frontage
45 FT on Magnolia Blvd
Amenities
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Recessed Lighting
- Air Conditioning
- Smoke Detector
Walk Score ®
Very Walkable (84)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $679,126 | |
| Land Assessment | $1,298,789 | Total Assessment | $1,977,915 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,298,789
Improvements Assessment
$679,126
Total Assessment
$1,977,915
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Turnkey High End Buildout | Delivered Vacant | 10620 Magnolia Blvd
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