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10443-10445 Magnolia Blvd 3,020 SF 100% Leased Office Building North Hollywood, CA 91601 $2,232,076 CAD ($739.10 CAD/SF)



INVESTMENT HIGHLIGHTS
- Great Owner User property, Owner lives on property and has a flower shop there since 1989
- So many options and potential
- Nice views from 2nd floor unit
EXECUTIVE SUMMARY
Commercial building in the heart of Magnolia Blvd. Incredible Living situation with an Apartment and Working Space. This Mixed Use property has so much potential and is great for owner user with 3 separate addresses. Work Below, Live above AND have rental income. This opportunity does not come along often in Toluca Terrace. The 1st floor has 2 offices and a bathroom, a large workspace/Dance,Art or Martial Arts studio, with high ceilings and a bathroom. Great for any type of business with so many options. There is a studio unit with a full bath plus a kitchen and dining area, and plenty of storage and closet space. The 2nd floor is a beautifully upgraded 3 bedroom apartment with a full bath. The kitchen has plenty of cabinets, Quartz countertops, Stainless Steel appliances and is open to the dining area with views. The living room has plenty of space for entertaining with views through the enclosed balcony with views. The Primary bedroom has a closet, and the 2 guest rooms are good sized and have ample closet space. There is a separate laundry room next to the kitchen with plenty of storage. There are hardwood floors, Recessed lights. Separate gas meters and electrical panels, 2 car garage, RV parking and much more. Close proximity to convenience stores, restaurants, schools, essential services, Toluca Lake, Burbank, and major freeways. Don't miss out on the chance to own in this sought-after neighborhood. You must see this combined Commercial/Residential property to see all the potential. Zoned CA2. Great for business owner, contractor or passive income investor or multi family. Owner lives upstairs and has had a flower shop there since 1989. This is a must see. CALL NOW TO SCHEDULE A PRIVATE SHOWING!!
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
3,020 SF
Building Class
C
Year Built
1948
Price
$2,232,076 CAD
Price Per SF
$739.10 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,510 SF
Building FAR
0.98
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
LAC2 - Mixed Use - Residential / Commercial CA2. Great owner user property.
Parking
5 Spaces (1.66 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Smoke Detector
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 2417-017-006 | Improvements Assessment | $353,612 CAD |
| Land Assessment | $432,212 CAD | Total Assessment | $785,823 CAD |
PROPERTY TAXES
Parcel Number
2417-017-006
Land Assessment
$432,212 CAD
Improvements Assessment
$353,612 CAD
Total Assessment
$785,823 CAD
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Presented by
SoCal Life Realtors, Inc
10443-10445 Magnolia Blvd
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