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5066 Lankershim Blvd
North Hollywood, CA 91601

The Alley Studios · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,996 SF
Building Class
C
Year Built/Renovated
1947/2018
Tenancy
Single
Building Height
2 Stories
Building FAR
0.83
Lot Size
0.14 AC
Zoning
LAC4 - Mixed Use commercial and residential uses
Parking
7 Spaces (1.4 Spaces per 1,000 SF Leased)
Frontage
57 FT on Lankershim

Amenities

  • Bus Line
  • Metro/Subway
  • Security System
  • Air Conditioning

About 5066 Lankershim Blvd , North Hollywood, CA 91601

Great Investment Opportunity in the Heart of NoHo! Two separate building with total of 4,996 SF, located on approximately 6,000 SF of land with C4 zoning. Building consists of multiple offices, 3,125 SF music studio, bar area, sound studio, kitchen, and a residential unit. Building was recently upgraded with updated electrical and plumbing (Copper plumbing). Property is located in NoHo Art District, that is home to contemporary theaters, art galleries, cafes, and shops. Building has been the Los Angeles creative rehearsal studio space for nearly four and a half decades. The area features more than twenty professional theaters, producing new work and classics, diverse art galleries, public art, and professional dance studios. The district also features the largest concentration of music recording venues west of the Mississippi. A Metro Rail station is located here, the North Hollywood station of the Red Line, and serves as the terminus of the Metro Orange Line busway. Property is the previous home of many celebrities in music industry like The Eagles, Kiss, Red Hot Chili Peppers, and many more … Parking is available in the rear of the building.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2353-008-015
Land Assessment
$1,963,500
Improvements Assessment
$1,606,500
Total Assessment
$3,570,000
  • Listing ID: 14986282

  • Date on Market: 1/25/2019

  • Last Updated:

  • Address: 5066 Lankershim Blvd, North Hollywood, CA 91601

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