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5148-5152 Lankershim Blvd 4,200 SF 100% Leased Retail Building North Hollywood, CA 91601 $3,595,405 CAD ($856.05 CAD/SF) 4.11% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime NoHo Arts District Location!
- High Traffic Count on Lankershim Blvd.
- 2 Commercial/Retail Spaces! C4 Zoning!
- Owner Occupied Opportunity!
- Excellent Frontage on Lankershim Blvd.
- Delivered Vacant!
EXECUTIVE SUMMARY
PRIME NORTH HOLLYWOOD ARTS DISTRICT LOCATION! Excellent OWNER/USER OPPORTUNITY! Excellent Frontage (56 Feet) on Lankershim Blvd. 4,200 Square Feet of Commercial Retail Space! C4 Zoning! 5 Parking Spaces! Delivered Vacant! A/C! High Foot Traffic, High Ceilings!
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$209,167
|
$49.80
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,275
|
$1.49
|
| Effective Gross Income |
$202,892
|
$48.31
|
| Taxes |
$45,824
|
$10.91
|
| Operating Expenses |
$9,269
|
$2.21
|
| Total Expenses |
$55,093
|
$13.12
|
| Net Operating Income |
$147,799
|
$35.19
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $209,167 |
| Annual Per SF | $49.80 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $6,275 |
| Annual Per SF | $1.49 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $202,892 |
| Annual Per SF | $48.31 |
| Taxes (CAD) | |
|---|---|
| Annual | $45,824 |
| Annual Per SF | $10.91 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,269 |
| Annual Per SF | $2.21 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $55,093 |
| Annual Per SF | $13.12 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $147,799 |
| Annual Per SF | $35.19 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,200 SF
Building Class
C
Year Built
1937
Price
$3,595,405 CAD
Price Per SF
$856.05 CAD
Cap Rate
4.11%
NOI
$147,738 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
0.14 AC
Zoning
C4, Los Angeles - C4
Parking
4 Spaces (0.95 Spaces per 1,000 SF Leased)
Frontage
56’ on Lankershim Blvd
AMENITIES
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2353-005-015 | Total Assessment | $383,090 CAD (2025) |
| Land Assessment | $231,717 CAD (2025) | Annual Taxes | $45,824 CAD ($10.91 CAD/SF) |
| Improvements Assessment | $151,373 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2353-005-015
Land Assessment
$231,717 CAD (2025)
Improvements Assessment
$151,373 CAD (2025)
Total Assessment
$383,090 CAD (2025)
Annual Taxes
$45,824 CAD ($10.91 CAD/SF)
Tax Year
2024
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5148-5152 Lankershim Blvd
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