4123 Lankershim Blvd
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4123 Lankershim Blvd
34,420 SF Office Building North Hollywood, CA 91602 $12,700,000 ($369/SF)
Investment Highlights
- Corporate Owner User Opportunity
- High Transit Location with 101 & 134 freeways and Metro down the street
- Functional Layouts
- High Visibility Signage for Corp Identity and Brand Awareness
- Extensive Outdoor Space/Balconies
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 and 4123 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 4111 Lankershim for a additional 9,433 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.
* Functional and Efficient Layouts
* Several Usable Balconies
* High Identity Building
* Located by Studios, Freeways, Mass Transit
Optionality for many users, include possibly for medical.
Building can be purchased with 4111 Lankershim for a additional 9,433 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.
* Functional and Efficient Layouts
* Several Usable Balconies
* High Identity Building
* Located by Studios, Freeways, Mass Transit
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
34,420 SF
Building Class
B
Year Built
1989
Price
$12,700,000
Price Per SF
$369
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
17,210 SF
Slab To Slab
11’
Building FAR
1.58
Lot Size
0.50 AC
Zoning
C2-1, Los Angeles - C2 - C2-1VL
ZI-2452 Transit Priority Area -AB 2097: Reduced Parking Area
ZI-2374 State Enterprise Zone - ZI-2498 Temp Time Limits & Parking Relief
Parking
70 Spaces (2.03 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Conferencing Facility
- Metro/Subway
- Signage
- Central Heating
- High Ceilings
- Natural Light
- Drop Ceiling
- Air Conditioning
- Balcony
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PROPERTY TAXES
| Parcel Number | 2423-030-031 | Improvements Assessment | $1,296,010 |
| Land Assessment | $1,585,850 | Total Assessment | $2,881,860 |
PROPERTY TAXES
Parcel Number
2423-030-031
Land Assessment
$1,585,850
Improvements Assessment
$1,296,010
Total Assessment
$2,881,860
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4123 Lankershim Blvd
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