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5148-5152 Lankershim Blvd 4,200 SF 100% Leased Retail Building North Hollywood, CA 91601 $3,526,843 CAD ($839.72 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 |
$205,178
|
$48.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,155
|
$1.47
|
| Effective Gross Income |
$199,023
|
$47.39
|
| Taxes |
$44,951
|
$10.70
|
| Operating Expenses |
$9,092
|
$2.16
|
| Total Expenses |
$54,043
|
$12.87
|
| Net Operating Income |
$144,981
|
$34.52
|
Financial Summary (Pro Forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $205,178 |
| Annual Per SF | $48.85 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $6,155 |
| Annual Per SF | $1.47 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $199,023 |
| Annual Per SF | $47.39 |
| Taxes (CAD) | |
|---|---|
| Annual | $44,951 |
| Annual Per SF | $10.70 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,092 |
| Annual Per SF | $2.16 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $54,043 |
| Annual Per SF | $12.87 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $144,981 |
| Annual Per SF | $34.52 |
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
$3,526,843 CAD
Price Per SF
$839.72 CAD
Cap Rate
4.11%
NOI
$144,921 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 | $376,491 CAD (2025) |
| Land Assessment | $227,725 CAD (2025) | Annual Taxes | $44,951 CAD ($10.70 CAD/SF) |
| Improvements Assessment | $148,765 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
2353-005-015
Land Assessment
$227,725 CAD (2025)
Improvements Assessment
$148,765 CAD (2025)
Total Assessment
$376,491 CAD (2025)
Annual Taxes
$44,951 CAD ($10.70 CAD/SF)
Tax Year
2024
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5148-5152 Lankershim Blvd
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