Log In/Sign Up
Your email has been sent.
Landmark Blank-Canvas NoHo Arts Corner Asset 10520 Magnolia Blvd 11,331 SF Office Building Online Auction Sale North Hollywood, CA 91601
Matterport 3D Tour
Investment Highlights
- 10520 Magnolia Boulevard presents a flexible two-story office building on one of North Hollywood’s most recognizable commercial corridors.
- Owner/user and investor appeal suitable for creative commercial operators and 1031 buyers seeking a recognizable Valley address with long-term upside.
- Delivered vacant, free of leases, offering a new owner the ability to establish market-rate income, pursue owner-occupancy, or reposition the asset.
- Transit-oriented location steps from the North Hollywood Metro hub — B Line subway and G Line busway — with access to the 101, 134, and 170 Freeways.
- Positioned at a signalized hard corner, this standalone structure has prominent street visibility and signage at a high-traffic Magnolia Blvd corner.
- Established infill fundamentals in a proven location with a deep amenity base and durable demand across the North Hollywood/NoHo trade area.
Executive Summary
Christie's International Real Estate is pleased to present 10520 Magnolia Boulevard, a freestanding 11,331-square-foot two-story office building positioned on a signalized hard corner in the heart of the NoHo Arts District. The property suits investors, owner/users, and creative commercial operators seeking a name-brand neighborhood identity with transit-oriented positioning.
The NoHo Arts District is a roughly 1-square-mile community recognized for its concentration of live professional theaters, dance and acting studios, galleries, music venues, specialty retail, and international dining — one of the San Fernando Valley's most energetic mixed-use submarkets. Magnolia and Lankershim Boulevards form the commercial crossroads of the district's evolving urban core.
Regional accessibility is a defining strength. The North Hollywood transit hub connects directly to the Metro B Line subway and the Metro G Line busway, with convenient access to Hollywood, Downtown Los Angeles, and the broader Valley, plus access via the 101, 134, and 170 Freeways and local DASH, Metro Micro, and Metro Bike Share services.
Built in 1952 and zoned LAC2 (Commercial), the asset spans approximately 11,331 square feet across two levels on an approximately 11,816-square-foot site with room for over 15 on-site parking spaces and a flexible single- or multi-tenant footprint with owner/user upside. It is an opportunity to establish a presence in a proven infill location with long-term upside in one of Los Angeles' most recognizable arts-and-entertainment districts.
Property tours are available by appointment only. Please contact the listing broker to schedule.
The NoHo Arts District is a roughly 1-square-mile community recognized for its concentration of live professional theaters, dance and acting studios, galleries, music venues, specialty retail, and international dining — one of the San Fernando Valley's most energetic mixed-use submarkets. Magnolia and Lankershim Boulevards form the commercial crossroads of the district's evolving urban core.
Regional accessibility is a defining strength. The North Hollywood transit hub connects directly to the Metro B Line subway and the Metro G Line busway, with convenient access to Hollywood, Downtown Los Angeles, and the broader Valley, plus access via the 101, 134, and 170 Freeways and local DASH, Metro Micro, and Metro Bike Share services.
Built in 1952 and zoned LAC2 (Commercial), the asset spans approximately 11,331 square feet across two levels on an approximately 11,816-square-foot site with room for over 15 on-site parking spaces and a flexible single- or multi-tenant footprint with owner/user upside. It is an opportunity to establish a presence in a proven infill location with long-term upside in one of Los Angeles' most recognizable arts-and-entertainment districts.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tour
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financial Statements
- Purchase Agreement
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
11,331 SF
Building Class
C
Year Built
1952
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,666 SF
Slab To Slab
11’
Building FAR
1.39
Lot Size
0.19 AC
Parcel Numbers
Zoning
LAC2 - Commercial
Parking
10 Spaces (0.88 Spaces per 1,000 SF Leased)
Amenities
- Signage
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
41,217
232,899
559,310
2020 Population
40,955
234,156
563,247
2030 Population
41,243
232,402
557,888
2025-2030 Projected Population Growth
0.1%
-0.2%
-0.3%
Daytime Employees
18,129
146,083
278,109
Total Businesses
3,301
16,794
34,080
Average Household Income
$108,243
$119,987
$119,024
Median Household Income
$84,825
$91,187
$87,833
Total Consumer Spending
$583.6M
$3.2B
$7.7B
Median Age
38.7
40.2
40.8
2025 Households
19,576
98,527
233,423
Percent College Degree or Above
32%
30%
29%
Average Home Value
$920,249
$948,765
$944,450
$ values in USD
Sale Advisors
Sale Advisors
Karine Aslanian, Broker
A highly motivated real estate professional and marketing expert, Karine Aslanian brings a track record of success representing commercial and residential properties across Los Angeles.
Equipped with a BS degree in Management and Information Systems from Loyola Marymount University, Karine is an expert in market analysis, customer relationship management, purchasing and sales strategies. She serves as an invaluable guide to a diverse set of buyers and sellers, offering a proven ability to manage multiple transactions from conception to successful completion, and the ability to quickly troubleshoot issues and re-strategize to increase the effectiveness of her marketing. Known amongst her clients and colleagues as a strong leader who pays attention to the smallest of details, Karine is dedicated to helping her clients make the best decisions when it comes to their real estate needs.
In her time outside of real estate, Karine has been involved in her local Association of Realtor boards. She served as the President of the Women’s Council of REALTORS Verdugo Hills Chapter. She has served as an Ambassador for the La Canada Flintridge Chamber of Commerce. She always makes a point to give back to her community and is very involved with charitable organizations and is an active mentor to young youth.
Equipped with a BS degree in Management and Information Systems from Loyola Marymount University, Karine is an expert in market analysis, customer relationship management, purchasing and sales strategies. She serves as an invaluable guide to a diverse set of buyers and sellers, offering a proven ability to manage multiple transactions from conception to successful completion, and the ability to quickly troubleshoot issues and re-strategize to increase the effectiveness of her marketing. Known amongst her clients and colleagues as a strong leader who pays attention to the smallest of details, Karine is dedicated to helping her clients make the best decisions when it comes to their real estate needs.
In her time outside of real estate, Karine has been involved in her local Association of Realtor boards. She served as the President of the Women’s Council of REALTORS Verdugo Hills Chapter. She has served as an Ambassador for the La Canada Flintridge Chamber of Commerce. She always makes a point to give back to her community and is very involved with charitable organizations and is an active mentor to young youth.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
Sophy Cardenas
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
Contacts
-
Karine Aslanian -
Antranik Hairabedian -
AKG | Christie's International Real Estate
1 of 45
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
Presented by
Landmark Blank-Canvas NoHo Arts Corner Asset | 10520 Magnolia Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Presented by
Landmark Blank-Canvas NoHo Arts Corner Asset | 10520 Magnolia Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.