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5244 Vineland Ave 3,521 SF Office Building North Hollywood, CA 91601 $3,110,625 CAD ($883.45 CAD/SF) 5.72% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime Location
  • Air Conditioning
  • CM-1VL Zoning
  • Fully Gated
  • Standalone Property
  • Excellent Visibility

EXECUTIVE SUMMARY

Ideally located on Vineland Avenue just north of Magnolia Boulevard, 5244 Vineland offers a rare opportunity to own a VACANT standalone, fully gated commercial property in one of North Hollywood’s most sought-after corridors.
Zoned CM-1VL, the property supports a broad range of commercial uses, making it ideal for creative studios, production companies, light industrial, showroom, or office users.
Inside, the building features a versatile open-concept layout, soaring high ceilings, and four large garage-style bays, offering exceptional flexibility for a variety of operational setups. The space also includes two on-site bathrooms and air conditioning throughout for comfort and functionality. Outside, the property provides ample on-site secured parking, a rare convenience in this high-demand area.
Set just minutes from the North Hollywood Metro Station and surrounded by a thriving mix of restaurants, retail, and creative industry businesses, 5244 Vineland offers excellent accessibility and visibility in the heart of the NoHo Arts District.
Whether you’re launching, expanding, or relocating, this property delivers the flexibility, exposure, and infrastructure to support long-term success.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $248,850 $70.68
Other Income - -
Vacancy Loss - -
Effective Gross Income $248,850 $70.68
Taxes $43,203 $12.27
Operating Expenses $27,650 $7.85
Total Expenses $70,853 $20.12
Net Operating Income $177,997 $50.55

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $248,850
Annual Per SF $70.68
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $248,850
Annual Per SF $70.68
Taxes (CAD)
Annual $43,203
Annual Per SF $12.27
Operating Expenses (CAD)
Annual $27,650
Annual Per SF $7.85
Total Expenses (CAD)
Annual $70,853
Annual Per SF $20.12
Net Operating Income (CAD)
Annual $177,997
Annual Per SF $50.55

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
3,521 SF
Building Class
C
Year Built
1937
Price
$3,110,625 CAD
Price Per SF
$883.45 CAD
Cap Rate
5.72%
NOI
$177,997 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,521 SF
Building FAR
0.47
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
LACM - CM-1VL
Parking
14 Spaces (3.98 Spaces per 1,000 SF Leased)

AMENITIES

  • Fenced Lot
  • Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Opus Builders, Inc.
  • Construction
  • 3,521 SF
  • -
  • TBD
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Opus Builders, Inc. Construction 3,521 SF - TBD -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 3,521 SF
  • Office
  • Full Build-Out
  • Now

Ideally located on Vineland Avenue just north of Magnolia Boulevard, 5244 Vineland offers a rare opportunity to lease a standalone, fully gated commercial property in one of North Hollywood’s most sought-after corridors. Zoned CM-1VL, the property supports a broad range of commercial uses, making it ideal for creative studios, production companies, light industrial, showroom, or office users. This single-tenant lease delivers full control over the space, with no shared tenants and the ability to customize for your business needs. Inside, the building features a versatile open-concept layout, soaring high ceilings, and four large garage-style bays, offering exceptional flexibility for a variety of operational setups. The space also includes two on-site bathrooms and air conditioning throughout for comfort and functionality. Outside, the property provides ample on-site secured parking, a rare convenience in this high-demand area. Set just minutes from the North Hollywood Metro Station and surrounded by a thriving mix of restaurants, retail, and creative industry businesses, 5244 Vineland offers excellent accessibility and visibility in the heart of the NoHo Arts District. Whether you’re launching, expanding, or relocating, this property delivers the flexibility, exposure, and infrastructure to support long-term success.

Space Size Space Use Condition Available
1st Floor 3,521 SF Office Full Build-Out Now

1st Floor

Size
3,521 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 3,521 SF
Space Use Office
Condition Full Build-Out
Available Now

Ideally located on Vineland Avenue just north of Magnolia Boulevard, 5244 Vineland offers a rare opportunity to lease a standalone, fully gated commercial property in one of North Hollywood’s most sought-after corridors. Zoned CM-1VL, the property supports a broad range of commercial uses, making it ideal for creative studios, production companies, light industrial, showroom, or office users. This single-tenant lease delivers full control over the space, with no shared tenants and the ability to customize for your business needs. Inside, the building features a versatile open-concept layout, soaring high ceilings, and four large garage-style bays, offering exceptional flexibility for a variety of operational setups. The space also includes two on-site bathrooms and air conditioning throughout for comfort and functionality. Outside, the property provides ample on-site secured parking, a rare convenience in this high-demand area. Set just minutes from the North Hollywood Metro Station and surrounded by a thriving mix of restaurants, retail, and creative industry businesses, 5244 Vineland offers excellent accessibility and visibility in the heart of the NoHo Arts District. Whether you’re launching, expanding, or relocating, this property delivers the flexibility, exposure, and infrastructure to support long-term success.

Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2416-004-011
Land Assessment
$819,826 CAD
Improvements Assessment
$455,458 CAD
Total Assessment
$1,275,285 CAD
Annual Taxes
$43,203 CAD ($12.27 CAD/SF)
Tax Year
2025
  • Listing ID: 37830813

  • Date on Market: 2025-09-26

  • Last Updated:

  • Address: 5244 Vineland Ave, North Hollywood, CA 91601

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