Owner/User in Studio City/Toluca L | 4111 Lankershim Blvd
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Owner/User in Studio City/Toluca L 4111 Lankershim Blvd
9,433 SF Office Building North Hollywood, CA 91602 $4,700,000 ($498/SF)
Investment Highlights
- Owner-User Opportunity
- Close to Metro
- Great Signage
- Entertainment Central close to all major Studios
Executive Summary
Lee & Associates, welcomes the opportunity as the Exclusive Broker to represent the owner in the sale of this unique commercial office opportunity in the main central business and entertainment corridor of the San Fernando Valley. 4111 LANKERSHIM BLVD. has excellent potential for a buyer, whether an investor, owner-user, or a hybrid of the two. The property offers the optionality of various users who place importance on having control over their own property.
Optionality for many users, include possibly for medical.
Building can be purchased with 4123 Lankershim for a additional 34,420 SF (43,853 SF in total)
The Project is would be offered on a fee simple basis, free and clear of any existing debt, and on an as-is, where-is basis.
Optionality for many users, include possibly for medical.
Building can be purchased with 4123 Lankershim for a additional 34,420 SF (43,853 SF in total)
The Project is would be offered on a fee simple basis, free and clear of any existing debt, and on an as-is, where-is basis.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
9,433 SF
Building Class
B
Year Built
1991
Price
$4,700,000
Price Per SF
$498
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
3,144 SF
Slab To Slab
10’
Building FAR
0.75
Lot Size
0.29 AC
Zoning
C2 - C2-1VL
ZI-2452 Transit Priority Area
AB 2097: Reduced Parking Area
ZI-2374 State Enterprise Zone
ZI-2498 Local Temp Time Limits & Parking Relief
Parking
45 Spaces (4.77 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Metro/Subway
- Central Heating
- Direct Elevator Exposure
- Drop Ceiling
- Monument Signage
- Air Conditioning
- Balcony
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,519,869 | |
| Land Assessment | $1,624,908 | Total Assessment | $3,144,777 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,624,908
Improvements Assessment
$1,519,869
Total Assessment
$3,144,777
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Owner/User in Studio City/Toluca L | 4111 Lankershim Blvd
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