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6045-6047 Vineland Ave
North Hollywood, CA 91606
Office Property For Sale
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,247 SF
Building Class
C
Year Built
1939
Price
$2,034,014 CAD
Price Per SF
$626.43 CAD
Cap Rate
4.04%
NOI
$82,174 CAD
Percent Leased
100%
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
Property Taxes
| Parcel Number | 2337-001-006 | Improvements Assessment | $725,458 CAD |
| Land Assessment | $1,305,824 CAD | Total Assessment | $2,031,281 CAD |
Property Taxes
Parcel Number
2337-001-006
Land Assessment
$1,305,824 CAD
Improvements Assessment
$725,458 CAD
Total Assessment
$2,031,281 CAD
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