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More details for 10455 Magnolia Blvd, North Hollywood, CA - Multifamily for Sale

2016 Construction | Upside In Rents - 10455 Magnolia Blvd

North Hollywood, CA 91601

  • Investment Property
  • Multifamily for Sale
  • $13,638,660 CAD
  • 23,644 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

North Hollywood Multifamily for Sale

The Strohm Building at 10455 W Magnolia Boulevard is a 2016-vintage, elevator-served, 26-unit asset with rooftop amenities in the heart of North Hollywood. Delivered with a March 17, 2016, Certificate of Occupancy and fully sprinklered (in accordance with NFPA-13), the property features modern systems, in-unit laundry, and secured parking. The offering checks every “institutional” box while remaining a manageable, sub-30-unit scale. The asset is unencumbered by rent control or affordability covenants, meaning it is not subject to Los Angeles RSO (Rent Stabilization Ordinance) and exempt from AB 1482 (Tenant Protection Act), through 2031, allowing an investor to implement a market-driven rent strategy without statutory caps. In-place rents are approximately 14% below market across a balanced mix of studios, one-bedroom units with dens, and two-bedroom/two-bathroom plans. The seller plans to increase rents by approximately 5% on eligible units prior to closing. That creates an immediate NOI lift at acquisition and a clear, organic path to stabilization over upcoming lease turns. A straightforward ADU conversion of a portion of the garage/storage area (concept plans provided) would add a two-bedroom unit of between 800 to 850 square feet, targeting roughly $2,600 per month. At a 5% yield, the ADU translates to an estimated $600,000 of value creation, pushing the count from 26 to 27 units and further strengthening per square foot and per-unit metrics. The North Hollywood/Toluca Lake pocket delivers sticky tenant demand. The Strohm Building is walkable to Magnolia retail, proximate to the NoHo Red Line (1.2 miles away), and just minutes from the 170 and 134 Freeways. All while major studios and healthcare anchors underpin long-term occupancy. This is a rare Class A, non-regulated Los Angeles multifamily property with both near-term NOI acceleration (seller increases, plus market catch-up) and structural upside (ADU). The Strohm Building is an ideal stand-out opportunity for buyers seeking durable cash flow with multiple levers to grow value.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-10-09

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More details for 4406 Cahuenga Blvd, Toluca Lake, CA - Multifamily for Sale
  • Matterport 3D Tour

Toluca Lake Apartments - 4406 Cahuenga Blvd

Toluca Lake, CA 91602

  • Investment Property
  • Multifamily for Sale
  • $11,481,525 CAD
  • 15,868 SF
  • Air Conditioning
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Toluca Lake Multifamily for Sale - Studio/Universal Cities

LA Premier Realty is proud to present a rare and exceptional multifamily investment opportunity in the highly sought-after neighborhood of Toluca Lake, one of Los Angeles’ premier rental submarkets. Toluca Lake Apartments at 4406 Cahuenga Boulevard is a well-maintained 18-unit apartment complex, built in 1986. All units have been fully renovated over the last 4 years, featuring new flooring, stainless steel appliances, quartz countertops, and modern cabinetry. With intuitive floor plans with balconies, fireplaces, abundant natural light, and ample in-unit storage, this residential address is perfect for families of any size. The tenant pays utilities, which keeps operating costs low for ownership. Approved plans are in place for three Accessory Dwelling Units (ADUs). These ADUs aim to repurpose the underutilized storage/spa areas with no impact to the on-site parking. Situated just steps from popular dining, shopping, and entertainment options, and with convenient access to major freeways, this property delivers on both location and performance, making it an outstanding opportunity for savvy investors. This offering is not subject to LA City Rent Control, providing investors with enhanced flexibility for rent growth and long-term value appreciation. Currently operating at a robust 5.2% CAP rate (13.31 GRM), the property also includes three RTI-approved ADU plans, offering immediate upside potential through increased cash flow and additional unit development.

Contact:

LA Premier Realty

Property Subtype:

Apartment

Date on Market:

2026-03-02

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More details for 10504 Victory Blvd, North Hollywood, CA - Retail for Sale

10504 Victory Blvd

North Hollywood, CA 91606

  • Investment Property
  • Retail for Sale
  • $2,226,720 CAD
  • 1,722 SF

North Hollywood Retail for Sale

*************Do not disturb nor communicate with attendants working inside the laundromat*************** 10504 Victory Boulevard represents a long-term investment opportunity that offers a chance to own a laundromat with a long-term NNN lease. This sale was originally being offered as just the real estate, but seller is now considering a joint sale with the laundromat business and all equipment included. Buyer would need to have SBA or lender preapproval in advance of submitting offer. Total Sale Price: $2,625,000. This striking laundromat, featured on the hit TV show "The Wonder Years," is a standalone 1,722-square-foot building with midcentury commercial architecture and highly visible signage. The tenant, Laundry Love, provides self-service, wash-and-fold, commercial services, Airbnb client services, and complimentary pick-up and delivery. The business boasts a modern and welcoming atmosphere, flexible payment options, and ample on-site parking. Remodeled three years ago, the property itself now features new electrical panels, copper piping, water heaters, gas lines, LED lighting, and an updated roof with a 20-year warranty. The office space and store underwent a facelift, featuring new subway tile, flat-screen TVs, surveillance systems, and fresh paint. Major revenue generators include 80 laundry machines and a vending machine offering detergent, softener, food, and drink. Additional revenue potential exists with a water station and an outdoor vacuum unit for car washing. Located at a desirable corner off Victory Boulevard and N Clybourn Avenue, with a daily traffic count of 48,66 vehicles, this site has incredible visibility and exposure. 10504 Victory Boulevard is moments away from major retailers and esteemed dining establishments. North Hollywood, California, is a high-density residential area comprising 43.48% of apartments and 76% of residents renting their homes, and a population of over 104,520 people. Don't miss out on an exceptional opportunity to purchase an income-generating commercial opportunity at the border of North Hollywood and Burbank. The billboard is not a part of this real estate, nor is it owned by or related to the same selling entity. Buyers must agree to allow for the sale and assignment of the new business owner should a sale were to occur in the future. The representing broker holds a non-majority interest in both the real estate and the business at this property.

Contact:

Cartozian Associates Real Estate, Inc.

Property Subtype:

Freestanding

Date on Market:

2025-10-08

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More details for 242 N Cordova St, Burbank, CA - Multifamily for Sale

Burbank Media District Triplex @ $331K PPU - 242 N Cordova St

Burbank, CA 91505

  • Investment Property
  • Multifamily for Sale
  • $1,384,742 CAD
  • 2,320 SF

Burbank Multifamily for Sale

242 N. Cordova St. presents a well-located triplex in the heart of Burbank's Media District, positioned within a quiet residential pocket just north of the 134 Freeway and approx. 0.6 miles from the core of one of Los Angeles' most established entertainment employment hubs. Major studios including Warner Bros., Walt Disney Studios, and ABC Television anchor the surrounding area, while the nearby Media District continues to evolve with a growing mix of restaurants, coffee shops, and neighborhood retail that cater to both industry professionals and long-term residents. The property also benefits from proximity to the Burbank Portfolio, a 3.2M+ SF collection of Class A office buildings owned by Blackstone and Worthe Real Estate Group, housing major tenants such as Warner Bros., Disney, Legendary, and CBS Interactive. Offered at $995,000, the property is priced at approximately $331,667 per unit and $429 per SF, providing a competitive entry point where demand is consistently driven by proximity to major studio and office employment centers. The property is fully occupied, offering stable in-place income while presenting a clear path to future rent growth. The asset is comprised of (1) 2-bdrm. units and (2) 1-bdrm. units arranged in a low-density, bungalow-style layout that emphasizes privacy, separation, and a residential living experience. Set along a tree-lined street, the property blends naturally into its surrounding neighborhood, with mature landscaping, open lawn space, and spacing between units that contributes to a setting more commonly associated with single-family housing than traditional multifamily product. At the rear of the property is a detached structure featuring (3) individual one-car garages, along with additional driveway and surface parking. The garage configuration may present future ADU potential, subject to buyer verification, offering an additional layer of long-term upside beyond the existing unit mix. Additional amenities include a private front lawn and shared outdoor areas that lend themselves to everyday tenant use, while the units are separately metered for gas and electricity, providing operational flexibility for future ownership. From an investment standpoint, the property presents approx. 72% rental upside based on renovated comparable units in the surrounding Burbank market. At projected market rents, the asset is expected to stabilize at a 5.70% CAP and 12.19 GRM. Taken together, 242 N. Cordova St. offers significant potential within a low-density, character-driven format; located in the heart of Burbank's Media District, one of the San Fernando Valley's most established entertainment employment hubs.

Contact:

Compass

Property Subtype:

Multi Family

Date on Market:

2026-03-24

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More details for 11202 Oxnard St, North Hollywood, CA - Multifamily for Sale

11202 Oxnard St

North Hollywood, CA 91606

  • Investment Property
  • Multifamily for Sale
  • $1,496,078 CAD
  • 1,725 SF
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More details for 723 E Tujunga Ave, Burbank, CA - Multifamily for Sale

723 Tujunga Ave - 723 E Tujunga Ave

Burbank, CA 91501

  • Investment Property
  • Multifamily for Sale
  • $3,402,707 CAD
  • 4,668 SF
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More details for 11111 Cumpston St, North Hollywood, CA - Multifamily for Sale

5 Ones LLC - 11111 Cumpston St

North Hollywood, CA 91601

  • Investment Property
  • Multifamily for Sale
  • $25,049,209 CAD
  • 34,928 SF
  • Air Conditioning
  • 24 Hour Access
  • Kitchen

North Hollywood Multifamily for Sale

LOCATION AND NEIGHBORHOOD Located in the highly desirable North Hollywood (NoHo) Arts District, this exceptional multifamily property at 11111 Cumpston Street presents an attractive investment or redevelopment opportunity in one of Los Angeles’ most vibrant urban markets. Situated in the heart of the North Hollywood Arts District, the subject property benefits from proximity to the Metro Red Line transit, major freeways (101, 134, 170), studios, theaters, restaurants, coffee shops, and other cultural amenities that drive both rental demand and long-term growth. 1111 Cumpston Apartments is a modern apartment community with controlled access, secure parking, elevator service, and contemporary interior finishes. The units are designed with everyday convenience in mind (in-unit laundry, quality kitchen features, private balconies), include assigned parking spaces, and are located in a walkable, transit-accessible part of North Hollywood. Positioned on a quiet residential street just moments from major retail, dining, and entertainment corridors, the property benefits from both neighborhood charm and urban accessibility. LOCATION APPEAL 11111 Cumpston sits just minutes from: The Metro Red Line station The NoHo Arts District theaters and galleries Trendy restaurants, cafés, and nightlife Major studios and employment centers Easy access to the 170, 101, and 134 freeways INVESTMENT APPEAL This well-maintained multifamily asset offers strong in-place income. Prime North Hollywood location near Lankershim Blvd & Chandler Blvd Strong rental fundamentals in the area support ongoing cash flow potential. Desirable rental submarket with high demand for rental units. Appealing unit layouts with functional floor plans. Low-maintenance landscaping. Excellent walkability and transit access. Strong tenant base with consistent occupancy history. Strong rental growth potential. Ideal 1031 exchange replacement property. North Hollywood continues to benefit from ongoing redevelopment, infrastructure investment, and increasing rental demand, making this property an ideal acquisition for both seasoned and first-time investors seeking long-term appreciation and stable cash flow. 11111 Cumpston Street presents a rare opportunity to acquire a well-located multifamily investment asset in the heart of the highly desirable NoHo Arts District of North Hollywood. Positioned on a quiet residential street just moments from major transit, retail corridors, and employment centers, the property benefits from strong rental demand, long-term appreciation fundamentals, and continued neighborhood redevelopment. 11111 Cumpston Street represents a compelling opportunity to acquire a well-located multifamily asset in a proven Los Angeles rental submarket. Investors can capitalize on: Reliable in-place income Rent growth potential through renovation Long-term capital appreciation Strategic location within a transit-oriented district This offering is well-suited for private investors, family offices, and 1031 exchange buyers seeking stable performance with upside in a high-barrier-to-entry market. PROPERTY HIGHLIGHTS Building Type: Mid-rise multifamily apartment building Year Built: 2020 Building Size: Approximately 30,000+ sq ft of rentable space and 34,928 sq. ft. of total building area Lot Size: Approx. 0.38-acre parcel or 16,561 sq. ft. Assigned secured parking. STORIES: 4 levels UNITS: 42 apartments (mid-rise style) plus 1 ADU (in process of completion) OCCUPANCY: Historically strong lease-up with high demand for various tenants ZONING: LAR4 multifamily zoning, allowing for higher-density residential use UNIT MIX Studio +1 Bath -24 1 Br +1 Bath - 10 2 Br + 2 Bath - 8 ADU in process of completion - 1 MARKET POSITIONING North Hollywood remains one of the strongest performing multifamily submarkets in Los Angeles County due to: Proximity to major employment centers. Continued infrastructure and transit improvements. Attractive relative rental pricing compared to Hollywood and Studio City. Ongoing redevelopment initiatives. The property’s location within a high-demand rental corridor positions it for consistent occupancy and long-term appreciation. FINANCIAL OFFERING: Seller offers assumable $4.5M loan at 3.75% through 2030. GROSS ANNUAL INCOME IS AROUND $1,176,000 WITH ABOUT $77,011.00 SELLER'S EXPENSES FOR MAINTENANCE. THE AREA'S REAL ESTATE TAXES ARE AT 1.18738%. A COPY OF THE ACTUAL RENT ROLLS IS TO BE PROVIDED TO THE PRE-QUALIFIED BUYER OR THE BUYER'S AGENT. CONFIDENTIALITY & DISCLAIMER This property description has been prepared solely for informational purposes. The information contained herein has been obtained from sources deemed reliable; however, no representation or warranty is made as to its accuracy or completeness. Prospective purchasers should conduct their own independent investigations and due diligence. Information from public sites is deemed reliable but not guaranteed. All measurements are approximate. Buyer shall conduct its own investigation. Seller’s Broker is not liable for any information derived from public sources of information.

Contact:

Elite Estate

Property Subtype:

Apartment

Date on Market:

2026-02-13

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More details for 4110 W Burbank Blvd, Burbank, CA - Office for Sale

4110 W Burbank Blvd

Burbank, CA 91505

  • Investment Property
  • Office for Sale
  • $1,523,912 CAD
  • 2,422 SF
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More details for 2907 W Riverside Dr, Burbank, CA - Multifamily for Sale

Prime Burbank Media District Location - 2907 W Riverside Dr

Burbank, CA 91505

  • Investment Property
  • Multifamily for Sale
  • $2,261,513 CAD
  • 3,023 SF
  • 24 Hour Access
  • Kitchen

Burbank Multifamily for Sale

The LAAA Team of Marcus & Millichap is pleased to present 2907 W Riverside Drive, a four-unit multifamily investment offering approximately 17% rental upside, rear-alley ADU potential, and completed capital improvements in Burbank's highly sought-after Media District. Constructed in 1942, the property totals approximately 3,023 rentable square feet on a 6,595 square foot lot. The unit mix includes three one-bedroom, one-bath units and one two-bedroom, one-and-a-half-bath unit. All units are separately metered for gas and electricity with individual water heaters, minimizing owner utility exposure. Four detached single-car garages along the rear alley provide covered parking and create ideal configuration for potential ADU development under Burbank's ADU ordinance. In-place rents are approximately 17% below market, creating clear upside through natural turnover and light interior renovations. Current rents reflect long-term tenancy rather than functional obsolescence. A new owner can capture meaningful income growth through standard upgrades including flooring, cabinetry, countertops, appliances, and fixtures. Key capital items have been addressed including a new roof and comprehensive plumbing upgrades, materially reducing near-term capital exposure. Situated directly adjacent to Johnny Carson Park and immediately south of Warner Bros. Studios, the property benefits from consistent tenant demand driven by entertainment industry employment while operating under Burbank's tenant protection framework, which is generally more flexible than Los Angeles City rent stabilization. The location places residents within distance of major entertainment employers including Warner Bros., Disney, Nickelodeon, Cartoon Network, and DreamWorks Animation, while maintaining a quiet residential character enhanced by park frontage. Residents enjoy proximity to Magnolia Park, Downtown Burbank dining including Porto's Bakery, Burbank Town Center, and convenient 134 Freeway access to Studio City, Glendale, and Hollywood.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-01-29

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More details for 10452 Magnolia Blvd, North Hollywood, CA - Retail for Sale

10452 Magnolia Blvd

North Hollywood, CA 91601

  • Investment Property
  • Retail for Sale
  • $4,870,950 CAD
  • 11,131 SF
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More details for 324 E Santa Anita Ave, Burbank, CA - Multifamily for Sale

324 E Santa Anita Ave

Burbank, CA 91502

  • Investment Property
  • Multifamily for Sale
  • $4,070,723 CAD
  • 6,001 SF
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More details for 10814-10818 Blix St, West Toluca Lake, CA - Multifamily for Sale

$145K Price Reduction! - 10814-10818 Blix St

West Toluca Lake, CA 91602

  • Investment Property
  • Multifamily for Sale
  • $6,332,235 CAD
  • 9,435 SF
  • Kitchen

West Toluca Lake Multifamily for Sale - Studio/Universal Cities

The LAAA Team of Marcus & Millichap is pleased to present 10814-10818 Blix Street, an 18-unit multifamily property in the desirable NoHo–Valley Village neighborhood of North Hollywood. Spanning approximately 9,435 square feet across three buildings on a 19,496-square-foot R3-1 lot, the property offers a blend of stable income, immediate leasing upside, and long-term zoning potential in a high-demand, transit-oriented area. While the title reflects 17 units, permit documentation verifies 18 legal units under the Los Angeles Rent Stabilization Ordinance (RSO). The asset includes three structures built between 1916 and 1953, featuring studios, one-bedrooms, and two-bedrooms, including a two-bedroom front house that will be delivered vacant at close of escrow. The front house is clean and functional with older interiors , ideal for renovation or family occupancy, and includes a large private patio and in-unit laundry. Buyers may either reposition the unit for an estimated $3,800/month market rent or use it for personal or family purposes. The unit also includes two on-site parking spaces and will remain vacant at close for showing flexibility. In-place rents across the remaining units are approximately 10% below market, offering natural upside through turnover and light upgrades. The property also benefits from several supplemental income sources. All but one of the occupied units participate in a utility bill-back program, reducing owner expenses and boosting cash flow. There are two on-site garages and one storage room, all of which are currently leased for additional monthly income. In addition, the property features on-site shared laundry with two washers and two dryers, providing an extra revenue stream for ownership. The front house has its own in-unit laundry and does not share the common facilities. Residents enjoy access to a common-area patio space, providing a welcoming outdoor amenity that enhances the community feel of the property. LADBS confirms that the asset is not subject to the City’s Soft-Story Retrofit Program, minimizing future capital exposure. Zoned R3-1 with TOC Tier 3 and Transit Priority Area overlays, the property also supports a low-impact redevelopment concept. A buyer could remove the front duplex pad and construct an eight-unit, four-story by-right building while maintaining operations for the 16 rear RSO units. This phased approach allows for added density and modern curb appeal without a full-site teardown. Centrally located near Magnolia Boulevard, Vineland Avenue, and the Metro B (Red) Line, the property provides walkable access to retail, dining, and major employment hubs in Universal City, Burbank, and the NoHo Arts District. With 18 verified legal units, diversified income streams, and by-right redevelopment potential, 10814–10818 Blix Street offers both immediate returns and strategic long-term upside in one of the Valley’s most resilient rental markets.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-11-10

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More details for 140 N Pass Ave, Burbank, CA - Multifamily for Sale

140 N Pass Ave

Burbank, CA 91505

  • Investment Property
  • Multifamily for Sale
  • $2,922,570 CAD
  • 4,077 SF
  • Air Conditioning
  • Kitchen
  • Smoke Detector

Burbank Multifamily for Sale

Seller will carry the 1st loan with a minimum down payment of 20.00% with interest at 5.0% fixed for 5 years. Buyer can choose to pay the interest-only payment in the 1st 5 years. This can create a positive cash flow with a lower down payment. It is an exceptional Investment Opportunity in the Heart of Burbank This well-maintained 5-unit property features a desirable front owner’s unit and a two-story rear building with four additional rental units. Amenities include 5 garage parking spaces, plus one uncovered parking spot, and an on-site laundry room—ideal for both tenant convenience and an additional income potential. Perfectly located near Warner Bros. and NBC Studios and just 15 minutes from Universal Studios, the front unit is a prime candidate for owner-occupied or rent to the market, offering significantly higher revenue. The property underwent extensive renovations in 2022–2023, including a new roof on all units, garages, and new dual-pane windows in most units. Rent in all units is due to increase now, except one unit due on April 1, 2026. No rent control in Burbank, but the landlord has to follow state rent control guidelines. The new owner can increase additional revenue through separate charges for garage parking and storage, which were previously included in the base rent. With rent increases taking effect, coupled with low building expenses and minimal maintenance needs, this property has the potential to achieve a higher cap rate.

Contact:

KW Commercial Glendale

Property Subtype:

Apartment

Date on Market:

2025-06-24

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More details for 2014-2016 Peyton Ave, Burbank, CA - Multifamily for Sale

2014-2016 Peyton Ave

Burbank, CA 91504

  • Investment Property
  • Multifamily for Sale
  • $1,461,285 CAD
  • 1,650 SF
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More details for 1484 N Clybourn Ave, Burbank, CA - Multifamily for Sale

1484 N Clybourn Ave

Burbank, CA 91505

  • Investment Property
  • Multifamily for Sale
  • $1,919,154 CAD
  • 1,912 SF
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More details for 8143 San Fernando Rd, Sun Valley, CA - Land for Sale

8143 N San Fernando - 8152 Sunland Blvd. - 8143 San Fernando Rd

Sun Valley, CA 91352

  • Investment Property
  • Land for Sale
  • $10,785,675 CAD
  • 1.59 AC Lot

Sun Valley Land for Sale - Eastern SFV

Property includes the following addresses: 8143-8175 N. San Fernando Rd.; 8148-8152 N. Sunland Bl.; and 10915 Ratner St. Reduced Pricing – offered at $7,750,000, significantly reduced from the original $10,000,000 asking price. Strategically positioned within an Opportunity Zone Excellent frontage and high-visibility exposure along two heavily traveled corridors Prominent dual-corner lot location for maximum accessibility and visibility Assemblage of seven parcels (APNs: 2409-002-001, 002, 003, 004, 005, 006, and 027) The property presents a rare opportunity to acquire a fully usable industrial outdoor storage (IOS) yard in the highly supply-constrained Sun Valley market. The site is ideally suited for contractor headquarters, equipment storage, fleet parking, and logistics staging. Zoned [Q]C2-2L-CDO-CUGU, the property is subject to a Q condition prohibiting all automotive-related uses, including gas stations, auto repair, and vehicle sales. This positions the site as a clean yard asset without competing auto-related uses. The property previously received a Tentative Tract Map approval for small lot subdivision, which has since expired, demonstrating potential residential redevelopment feasibility (buyer to verify current entitlements and development potential). Industrial Outdoor Storage (IOS) assets continue to experience strong demand due to limited supply in infill Los Angeles markets, making this an attractive opportunity for both owner-users and investors.

Contact:

Top Properties

Property Subtype:

Commercial

Date on Market:

2025-01-06

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More details for 271 W Ash Ave, Burbank, CA - Multifamily for Sale

271 W Ash Ave

Burbank, CA 91502

  • Investment Property
  • Multifamily for Sale
  • $2,782,008 CAD
  • 2,824 SF
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More details for 11039 Strathern St, Sun Valley, CA - Land for Sale

11039 Strathern St

Sun Valley, CA 91352

  • Investment Property
  • Land for Sale
  • Price Upon Request
  • 0.89 AC Lot
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More details for 526 Hazel St, Glendale, CA - Land for Sale

RTI 17 MULTI-FAMILY - 526 Hazel St

Glendale, CA 91201

  • Investment Property
  • Land for Sale
  • Price Upon Request
  • 0.45 AC Lot
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