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$ 1,300,000
Est. payment | /mo
5,658 Sqft Lot
$ 1,300,000
Est. payment | /mo
5,658 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB24169018
HOA Y/N No
Year Built 1942
Lot Size 5,658 Sqft
Property Description
We are excited to offer an exceptional opportunity to purchase a versatile mixed-use commercial property strategically positioned on the highly sought-after Lankershim Blvd. This property consists of two 3 Bedroom Residential Units and one store-front retail space, currently offering a 6.4% CAP Rate. This property is sold in conjunction with 7444 Lankershim Blvd, which presents a potential for a 40-unit Mixed-use Development Project. In total it would comprise of six units, including three commercial and three residential units, encompassing a total of 4,217 square feet on a spacious 11,284 square feet lot.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAC2
Interior
Fireplace No
Laundry Inside, None
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2316014019
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by David Nalbandyan • LA Premier Realty • info@lapremierrealty.com
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Justin & Jessica Bouzane
Broker Associate | Lic# 01905244