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10544 Victory Blvd 1,250 SF 100% Leased Retail Building North Hollywood, CA 91606 $1,214,515 CAD ($971.61 CAD/SF) 8.16% Cap Rate
Investment Highlights
- Excellent Visibility on High-Traffic Corridor
- Fully Leased – 4 Income-Producing Tenants
- LAC2 Zoning – Buyer to Verify Usage
- Stable Cash Flow with Upside Potential
- New Roof Installed in 2023
Executive Summary
Exceptional opportunity to own a fully leased, income-producing commercial property in the heart of North Hollywood. Located on a high-traffic corridor, this well-maintained building consists of multiple rental units, all currently occupied, generating a total gross monthly income of approximately $7,600.
Recent capital improvements include a new roof installed in 2023. The property sits on a 2,501 sq ft lot, zoned LAC2, offering flexibility for a wide range of commercial uses (buyer to verify).
Recent capital improvements include a new roof installed in 2023. The property sits on a 2,501 sq ft lot, zoned LAC2, offering flexibility for a wide range of commercial uses (buyer to verify).
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$123,758
|
$99.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$123,758
|
$99.01
|
| Taxes |
$15,235
|
$12.19
|
| Operating Expenses |
$11,942
|
$9.55
|
| Total Expenses |
$27,177
|
$21.74
|
| Net Operating Income |
$96,582
|
$77.27
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $123,758 |
| Annual Per SF | $99.01 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $123,758 |
| Annual Per SF | $99.01 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,235 |
| Annual Per SF | $12.19 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $11,942 |
| Annual Per SF | $9.55 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $27,177 |
| Annual Per SF | $21.74 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $96,582 |
| Annual Per SF | $77.27 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,250 SF
Building Class
B
Year Built
1951
Price
$1,214,515 CAD
Price Per SF
$971.61 CAD
Cap Rate
8.16%
NOI
$99,145 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.06 AC
Zoning
LAC2 - LAC2 Zoning – Buyer to Verify Usage
Parking
4 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
25’ on Victory Blvd
Amenities
- Fenced Lot
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2414-019-014 | Total Assessment | $379,122 CAD (2025) |
| Land Assessment | $252,754 CAD (2025) | Annual Taxes | $15,235 CAD ($12.19 CAD/SF) |
| Improvements Assessment | $126,368 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
2414-019-014
Land Assessment
$252,754 CAD (2025)
Improvements Assessment
$126,368 CAD (2025)
Total Assessment
$379,122 CAD (2025)
Annual Taxes
$15,235 CAD ($12.19 CAD/SF)
Tax Year
2024
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10544 Victory Blvd
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