5316 Laurel Canyon Blvd
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5316 Laurel Canyon Blvd
1,875 SF Retail Building Valley Village, CA 91607 $1,150,000 ($613/SF)
Investment Highlights
- Well located on highly trafficked Laurel Canyon Blvd.
- Two conference rooms and two separate bathrooms.
- Spacious open workspace with high ceilings and LED lighting throughout.
Executive Summary
Located in the heart of Valley Village, this spacious single-story retail / office space is ready and suitable for multiple uses and the 1st time on the open market in years. Very central location, between Chandler Blvd and Magnolia Street among rows of other established businesses. Ideal space for OWNER USER (current tenant's lease is expiring end of September 2024) with SBA financing a good option. OR if you're just looking for an investment, the current long-term tenant is willing to sign a new lease with new terms. Spacious space, open floor plan, high ceilings, large main showroom space, has private office, 2 bathrooms, break area and small sitting area. Mix of private parking and free street parking. Very central location, minutes away from the 101 & 170 freeways, NoHo area, Hollywood, Burbank, DTLA and Ventura Blvd. Motivated Seller.
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
1,875 SF
Building Class
C
Year Built
1947
Price
$1,150,000
Price Per SF
$613
Tenancy
Single
Building Height
1 Story
Building FAR
0.72
Lot Size
0.06 AC
Zoning
LAC2 - General Commercial
Parking
2 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2348-016-052 | Improvements Assessment | $173,275 |
| Land Assessment | $203,413 | Total Assessment | $376,688 |
PROPERTY TAXES
Parcel Number
2348-016-052
Land Assessment
$203,413
Improvements Assessment
$173,275
Total Assessment
$376,688
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5316 Laurel Canyon Blvd
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