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7422 Varna Ave - 7422 Varna Ave 0.35 Acres of Industrial Land Offered at $2,730,281 CAD in North Hollywood, CA 91605
INVESTMENT HIGHLIGHTS
- Rare North Hollywood Industrial Land Offering
- 1,874 SF Building | Ideal for Warehouse, Light Manufacturing, or Contractor Yard
- Excellent Owner-User or Investor Opportunity | Attractive SBA Financing Available
- 15,250 SF Lot with M2 Zoning | Flexible Industrial/Commercial Use Potential
- Ample Yard Space for Parking, Storage, or Expansion
- Prime Infill Industrial Market | Extremely Low Submarket Vacancy
PROPERTY FACTS In Escrow
| Price | $2,730,281 CAD | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.35 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | LAM2 - Light Industrial | ||
| Price | $2,730,281 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Commercial |
| Total Lot Size | 0.35 AC |
| No. Stories | 1 |
| Zoning | LAM2 - Light Industrial |
1 LOT AVAILABLE
Lot
| Price | $2,730,281 CAD | Lot Size | 0.35 AC |
| Price Per AC | $7,800,803.85 CAD |
| Price | $2,730,281 CAD |
| Price Per AC | $7,800,803.85 CAD |
| Lot Size | 0.35 AC |
DESCRIPTION
Marcus & Millichap is pleased to present 7422 Varna Avenue, a rare industrial land offering in the highly sought-after North Hollywood industrial corridor. Situated on a 15,250 square foot M2-zoned lot, the property features a total of 1,874 square feet of improvements with flexible industrial and commercial use potential. The parcel offers a unique opportunity for owner-users to acquire a well-located site in one of Los Angeles’s most constrained and high-demand infill markets. The existing structures provide a functional office and storage to complement a wide variety of potential industrial operations on the parcel. The site includes ample yard space for parking or outdoor storage, and convenient truck access. With M2 zoning, the property supports a wide range of industrial, creative, and commercial uses, allowing flexibility for a variety of business operations or repositioning strategies. 7422 Varna Avenue will be delivered vacant at the close of escrow, enabling immediate occupancy for an owner-user or the potential for lease-up at market rents for an investor. With favorable SBA financing options available for qualified buyers and sub-5% industrial vacancy rates in the area, this is an outstanding opportunity to capitalize on strong fundamentals in a high-barrier-to-entry submarket. Located near major production studios and creative employers, the property benefits from proximity to the entertainment and content creation hubs of Burbank, Hollywood, and Studio City. Easy access to the 170 and 5 Freeways provides logistical convenience for users across the San Fernando Valley and Greater Los Angeles.
PROPERTY TAXES
| Parcel Number | 2328-029-011 | Improvements Assessment | $1,226,796 CAD |
| Land Assessment | $1,840,195 CAD | Total Assessment | $3,066,991 CAD |
PROPERTY TAXES
CONTACTS
-
Brin Hamblin -
Hannah Zager -
Ryan Rothstein-Serling -
Martin Agnew -
Agnew | Serling Group
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7422 Varna Ave - 7422 Varna Ave
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