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5148-5152 Lankershim Blvd 4,200 SF 100% Leased Retail Building North Hollywood, CA 91601 $3,627,996 CAD ($863.81 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 |
$211,063
|
$50.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,332
|
$1.51
|
| Effective Gross Income |
$204,731
|
$48.75
|
| Taxes |
$46,240
|
$11.01
|
| Operating Expenses |
$9,353
|
$2.23
|
| Total Expenses |
$55,593
|
$13.24
|
| Net Operating Income |
$149,139
|
$35.51
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $211,063 |
| Annual Per SF | $50.25 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $6,332 |
| Annual Per SF | $1.51 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $204,731 |
| Annual Per SF | $48.75 |
| Taxes (CAD) | |
|---|---|
| Annual | $46,240 |
| Annual Per SF | $11.01 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,353 |
| Annual Per SF | $2.23 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $55,593 |
| Annual Per SF | $13.24 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $149,139 |
| Annual Per SF | $35.51 |
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
$3,627,996 CAD
Price Per SF
$863.81 CAD
Cap Rate
4.11%
NOI
$149,077 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 | $386,696 CAD (2025) |
| Land Assessment | $233,898 CAD (2025) | Annual Taxes | $46,240 CAD ($11.01 CAD/SF) |
| Improvements Assessment | $152,798 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2353-005-015
Land Assessment
$233,898 CAD (2025)
Improvements Assessment
$152,798 CAD (2025)
Total Assessment
$386,696 CAD (2025)
Annual Taxes
$46,240 CAD ($11.01 CAD/SF)
Tax Year
2024
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5148-5152 Lankershim Blvd
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