North Hollywood CA Real Estate & Commercial for Sale

Bow Truss architectural gem in the heart of the NOHO Arts District. This property features a wide open design with exposed beams and polished concrete floors - with 4,675 square feet on the ground level, plus a large loft/mezzanine area situated on a 6,003 SF lot. Ideally located directly in the densely populated and thriving Arts District just steps to Amazon Fresh, WeWork workplace, Laemmle 7 theaters, and talks of a soon to come 7-story hotel featuring commercial space and 125 rooms. 5018 Lankershim benefits from excellent visibility and 56 feet of frontage along highly trafficked Lankershim Blvd and is within the State Enterprise and Opportunity Zone. The property features 2 parking spots in the back with the possible potential to expand with reconfiguration to the rear of the building - in addition to 2 private offices, 3 bathrooms, and plenty of storage. Property is currently owner occupied and can be delivered vacant.

Excellent opputunity!!!! owner wants sold R.T.I. ready to build !!!!This property presents an exceptional investment opportunity for developers and investors, providing a unique entry into a market characterized by strong demand and significant return potential. Located in the area of North Hollywood, a dynamic center of culture, entertainment, and lifestyle, this site is perfectly suited for a transformative development project poised to redefine urban living standards. Located in one of the most sought-after districts of Los Angeles County, the property stands as a pivotal foundation for cutting-edge development. It holds vast potential for a variety of projects, from residential complexes and mixed-use buildings to distinctive commercial endeavors, promising remarkable financial outcomes. With the region's continuous growth and revitalization, investing here means not just aligning with current market trends but also staying ahead, ready to meet future demands and aspirations. This strategic investment positions you at the forefront of an evolving market, where your foresight could translate into substantial rewards as the area flourishes. It's an opportunity to not only capitalize on immediate gains but also to shape and partake in the long-term prosperity of a district on the rise.

This property has 2 APN numbers and must be sold together (APN 2419-020-004 and APN 2419-020-005). Multiple buildings on property. Total lot square footage is approximately 11,860 sq. ft. and total building square footage is approximately 3702 sq. ft. Building is currently being used as a school. Located in the heart of North Hollywood with close proximity to Toluca Lake and Studio City, the 170 and 134 freeways. Owner will not carry. Buyer to perform due diligence with the County of Los Angeles and all public records regarding lot and building dimensions.