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Investment Highlights

  • Stable In-Place Income: 100% occupied
  • Upside: Rent growth, owner-user conversion, expense optimization
  • Tenant Mix: 1 long-term lease + 2 month-to-month tenants
  • Flexible C2-1 zoning allowing a wide range of commercial uses

Executive Summary

Versatile creative commercial property in a prime North Hollywood location. Situated near the intersection of Vineland and Oxnard, this 3,247 SF single-story building offers flexible C2-1 zoning suitable for office, creative, or select retail uses. The property features three suites, including a fully equipped commercial kitchen, private offices, abundant storage, outdoor shared patio access, and five on-site parking spaces. Recent capital improvements include a new roof, upgraded copper plumbing, HVAC ducting, and a new electrical panel—minimizing near-term ownership costs. The tenancy mix provides both income stability and flexibility, with one long-term lease in place through 2028 and two month-to-month tenants. All leases are structured as gross leases. The property is well-suited for an owner-user or investor seeking cash flow with repositioning potential in one of the Valley’s most active commercial corridors.

Attachments

Floor plan

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $138,081 $42.53
Other Income - -
Vacancy Loss - -
Effective Gross Income $138,081 $42.53
Taxes $25,220 $7.77
Operating Expenses $19,456 $5.99
Total Expenses $44,676 $13.76
Net Operating Income $93,405 $28.77

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $138,081
Annual Per SF $42.53
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $138,081
Annual Per SF $42.53
Taxes (CAD)
Annual $25,220
Annual Per SF $7.77
Operating Expenses (CAD)
Annual $19,456
Annual Per SF $5.99
Total Expenses (CAD)
Annual $44,676
Annual Per SF $13.76
Net Operating Income (CAD)
Annual $93,405
Annual Per SF $28.77

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,247 SF
Building Class
C
Year Built
1939
Price
$2,014,926 CAD
Price Per SF
$620.55 CAD
Cap Rate
4.18%
NOI
$84,210 CAD
Percent Leased
21%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,247 SF
Slab To Slab
11’
Building FAR
0.68
Lot Size
0.11 AC
Zoning
C2-1, City of L.A. - intended to permit a wide range of retail and commercial services, professional offices, and medical facilities.
Parking
5 Spaces (1.54 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Kitchen
  • Open-Plan
  • Partitioned Offices
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Philly Boyz LLC
  • -
  • 905 SF
  • $50.03 CAD
  • Modified Gross
  • Nov 2025
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Philly Boyz LLC - 905 SF $50.03 CAD Modified Gross Nov 2025
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
2337-001-006
Land Assessment
$1,327,284 CAD
Improvements Assessment
$737,380 CAD
Total Assessment
$2,064,665 CAD
Annual Taxes
$25,220 CAD ($7.77 CAD/SF)
Tax Year
2025
  • Listing ID: 39290723

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 6045-6047 Vineland Ave, North Hollywood, CA 91606

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