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5066 Lankershim Blvd
North Hollywood, CA 91601

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

The front building (3,125 Sq Ft) was formerly being used as a music studio and concert hall while the rear building (1,871 Sq Ft) was formerly being used as a secondary sound studio on the ground floor with a residential 1-bedroom apartment on the second floor. The Property’s location is ideal on the corner of Lankershim and Otsego in North Hollywood, surrounded by restaurants, bars, shops and lots of upscale apartment buildings. Whole Foods grocery store, opening Q2 2020, is directly across the street and will ensure increased foot traffic and is only 0.6 miles from the North Hollywood Metro station. The property was recently vacated by the former tenant. Much of the music studio's fixtures were removed by the tenant. Please schedule a walk through to verify the current condition.

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: 18726546

  • Date on Market: 3/3/2020

  • Last Updated:

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

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