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5148-5152 Lankershim Blvd 4,200 SF 100% Leased Retail Building North Hollywood, CA 91601 $2,551,039 CAD ($607.39 CAD/SF) 5.77% 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 - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$208,496
|
$49.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,255
|
$1.49
|
| Effective Gross Income |
$202,241
|
$48.15
|
| Taxes |
$45,677
|
$10.88
|
| Operating Expenses |
$9,239
|
$2.20
|
| Total Expenses |
$54,916
|
$13.08
|
| Net Operating Income |
$147,325
|
$35.08
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $208,496 |
| Annual Per SF | $49.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $6,255 |
| Annual Per SF | $1.49 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $202,241 |
| Annual Per SF | $48.15 |
| Taxes (CAD) | |
|---|---|
| Annual | $45,677 |
| Annual Per SF | $10.88 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,239 |
| Annual Per SF | $2.20 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $54,916 |
| Annual Per SF | $13.08 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $147,325 |
| Annual Per SF | $35.08 |
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
$2,551,039 CAD
Price Per SF
$607.39 CAD
Cap Rate
5.77%
NOI
$147,264 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
Moderately walkable
70/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2353-005-015 | Total Assessment | $385,719 CAD |
| Land Assessment | $233,307 CAD | Annual Taxes | $45,677 CAD ($10.88 CAD/SF) |
| Improvements Assessment | $152,412 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
2353-005-015
Land Assessment
$233,307 CAD
Improvements Assessment
$152,412 CAD
Total Assessment
$385,719 CAD
Annual Taxes
$45,677 CAD ($10.88 CAD/SF)
Tax Year
2025
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5148-5152 Lankershim Blvd
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