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10761 Burbank Blvd 3,824 SF 100% Leased Retail Building North Hollywood, CA 91601 $1,702,699 CAD ($445.27 CAD/SF) 5.26% Cap Rate
Investment Highlights
- Mixed Use Asset featuring retail, 6 executive offices, and four studio apartments at the corner of Burbank & Riverton Ave in North Hollywood
- Value-add opportunity with potential to expand residential units or convert offices to apartments
- Six on-site parking spaces (1.57/1,000)
- 100% occupied with month to month tenants, providing immediate repositioning or owner user flexibility
- Current CAP rate 5.26% | Pro Forma CAP of 8.13% which includes a $149,480 improvement budget
Executive Summary
100% occupied with month-to-month tenants, providing immediate repositioning or owner user flexibility.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,824 SF
Building Class
C
Year Built
1955
Price
$1,702,699 CAD
Price Per SF
$445.27 CAD
Cap Rate
5.26%
NOI
$89,562 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.63
Lot Size
0.14 AC
Zoning
C2
Parking
8 Spaces (2.09 Spaces per 1,000 SF Leased)
Frontage
119’ on burbank Blvd
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2415-018-013 | Improvements Assessment | $467,057 CAD |
| Land Assessment | $898,195 CAD | Total Assessment | $1,365,252 CAD |
Property Taxes
Parcel Number
2415-018-013
Land Assessment
$898,195 CAD
Improvements Assessment
$467,057 CAD
Total Assessment
$1,365,252 CAD
Contacts
-
Brin Hamblin -
Joshua Yaris -
Ryan Rothstein-Serling -
Martin Agnew -
Agnew | Serling Group
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10761 Burbank Blvd
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