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±5,000 SF Two-Unit Commercial Property 6323-6331 Colfax Ave 5,000 SF 100% Leased Retail Building North Hollywood, CA 91606 $2,569,557 CAD ($513.91 CAD/SF)
INVESTMENT HIGHLIGHTS
- ±5,000 SF two-unit commercial building
- Billboard income: $4,800/year
- Wrap-around parking + rear alley access
- ±11,037 SF lot (per assessor)
- Strong North Hollywood location near Lankershim & Victory
- SBA owner-user potential
EXECUTIVE SUMMARY
Positioned just south of the highly trafficked Lankershim Blvd & Victory Blvd intersection, this ±5,000 square foot, two-unit commercial building presents a compelling owner-user or investor opportunity in the heart of North Hollywood.
The property sits on a ±11,037 SF parcel (per tax assessor) and is zoned C2, offering broad commercial flexibility. It features wrap-around on-site parking and rear alley access, providing excellent parking and loading—ideal for automotive, retail, service, or light commercial uses.
Tenant Mix & Owner-User Upside:
- Auto Mechanic: ±2,220 SF | Lease expires 7/31/2027
- Auto Retailer: ±2,780 SF | Lease expires 9/30/2026
The staggered lease expirations create a clear near-term owner-user pathway, with the potential to qualify for SBA financing upon vacancy of the larger unit.
The property also benefits from an on-site billboard with a short-term lease generating $4,800 annually, providing supplemental income.
This is a rare opportunity to acquire a well-located North Hollywood commercial asset with current income, future flexibility, and excellent access and visibility.
The property sits on a ±11,037 SF parcel (per tax assessor) and is zoned C2, offering broad commercial flexibility. It features wrap-around on-site parking and rear alley access, providing excellent parking and loading—ideal for automotive, retail, service, or light commercial uses.
Tenant Mix & Owner-User Upside:
- Auto Mechanic: ±2,220 SF | Lease expires 7/31/2027
- Auto Retailer: ±2,780 SF | Lease expires 9/30/2026
The staggered lease expirations create a clear near-term owner-user pathway, with the potential to qualify for SBA financing upon vacancy of the larger unit.
The property also benefits from an on-site billboard with a short-term lease generating $4,800 annually, providing supplemental income.
This is a rare opportunity to acquire a well-located North Hollywood commercial asset with current income, future flexibility, and excellent access and visibility.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1958
Price
$2,569,557 CAD
Price Per SF
$513.91 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.45
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
LAC2
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
103’ on Colfax Ave
AMENITIES
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Road Runner Auto Parts
- Retailer
- 2,780 SF
- -
- Modified Gross
- Sep 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Road Runner Auto Parts | Retailer | 2,780 SF | - | Modified Gross | Sep 2026 |
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2334-006-039 | Improvements Assessment | $204,569 CAD |
| Land Assessment | $756,042 CAD | Total Assessment | $960,611 CAD |
PROPERTY TAXES
Parcel Number
2334-006-039
Land Assessment
$756,042 CAD
Improvements Assessment
$204,569 CAD
Total Assessment
$960,611 CAD
(818) 244-3000
x21
CONTACTS
-
Christopher Rohrer -
Ron Rohrer -
Scott Cox -
Randy Rohrer -
Pacific West Business Properties, Inc.
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±5,000 SF Two-Unit Commercial Property | 6323-6331 Colfax Ave
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