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5148-5152 Lankershim Blvd 4,200 SF 100% Leased Retail Building North Hollywood, CA 91601 $3,549,350 CAD ($845.08 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 |
$206,488
|
$49.16
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,195
|
$1.47
|
| Effective Gross Income |
$200,293
|
$47.69
|
| Taxes |
$45,237
|
$10.77
|
| Operating Expenses |
$9,150
|
$2.18
|
| Total Expenses |
$54,387
|
$12.95
|
| Net Operating Income |
$145,906
|
$34.74
|
Financial Summary (Pro Forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $206,488 |
| Annual Per SF | $49.16 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $6,195 |
| Annual Per SF | $1.47 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $200,293 |
| Annual Per SF | $47.69 |
| Taxes (CAD) | |
|---|---|
| Annual | $45,237 |
| Annual Per SF | $10.77 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,150 |
| Annual Per SF | $2.18 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $54,387 |
| Annual Per SF | $12.95 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $145,906 |
| Annual Per SF | $34.74 |
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
$3,549,350 CAD
Price Per SF
$845.08 CAD
Cap Rate
4.11%
NOI
$145,846 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 | $381,052 CAD (2025) |
| Land Assessment | $230,484 CAD (2025) | Annual Taxes | $45,237 CAD ($10.77 CAD/SF) |
| Improvements Assessment | $150,568 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
2353-005-015
Land Assessment
$230,484 CAD (2025)
Improvements Assessment
$150,568 CAD (2025)
Total Assessment
$381,052 CAD (2025)
Annual Taxes
$45,237 CAD ($10.77 CAD/SF)
Tax Year
2024
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5148-5152 Lankershim Blvd
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