Redevelopment opportunity/owner/occupant land bank in this fast-growing NoHo neighborhood in the Lankershim Ranch. Discover an unparalleled opportunity to invest in a prestigious industrial property situated on the bustling Lankershim Blvd. in the heart of NoHo. Boasting a coveted location directly across from the iconic Hollywood Backlot Bungalows, 8265 Lankershim Blvd. offers an exceptional blend of visibility, accessibility, and potential for various commercial and industrial endeavors, such as City approved redevelopment in the LAM1 zone including but not limited to Industrial, Retail, Office and Restaurant uses. Lankershim Blvd. in Los Angeles is named in honor of the Lankershim family per Wikipedia. Isaac Lankershim struck his claim in Los Angeles buying and developing the 60,000 acres now known as North Hollywood, Van Nuys, Sherman Oaks, Encino, Tarzana and Woodland Hills. Be part of the Lankershim Legacy of Success! NoHo aka North Hollywood is booming with a friendly city climate for redevelopment in this growing neighborhood. This property consists of a 2,400 to 6,720 SF building on .7 acres / 30,492 SF parcel of valuable land. *Business is not for sale*
Listed price has just been reduced by $500,000! The subject is a nine-unit woodframe and stucco luxury apartment building, constructed in 2021, with a convenient location in Tujunga, a suburban community within the City of Los Angeles. The subject is located just north of Foothill Boulevard and the Foothill (Interstate 210) Freeway, approximately one mile west of Glendale, two miles north of Burbank and less than eight miles from Pasadena. This stylish contemporary three-story building includes a central garage on the first story and an excellent mix of oversized two and three-bedroom units ranging up to 1,598 square feet in size in the second and third stories. The property has a center atrium, an elevator located in the lobby and a central garage with 21 vehicle spaces. Eight of the apartment units are one-level and one unit is two-story, townhouse-style. All units have contemporary kitchens with quartz countertops, dishwashers, gas range/ovens and microwave ovens. Bathrooms have luxury oversized state-of-the-art showers with full glass enclosures. Many rooms feature floor-to-ceiling windows. All units have recessed lighting, tankless water heaters, washer/dryers and central heating/air conditioning. Electricity and gas are separately metered to each unit. Zoning is LARD1.5. Ei
Great opportunity to own this free standing building with front and backyard parking/storage space, gated driveway to accommodate your business/office needs. Located on a major street on Foothill Blvd in the heart of Tujunga next to and across the street from reputable businesses loved by locals. Foot traffic and thousands of cars passing by may boost your business exposure tremendously allowing locals see your business sign, your office, business and glance of what you and your business is about. Fist time for sale in many many years, this motivated seller priced it right for quicker sale. Property currently has a 3 year lease for $2,300 a month with 5% increase every year.
Great opportunity to own this 12 unit building in the city of Tujunga. Two seperate buildings, 10039 and 10043 Haines Canyon, each with 6 units totaling 12 units. Unit mix are 2 beds 1 bath and approximately 800 sq ft each, totaling approximately 9,588 sq ft ( per assessor). The Lot is approximately 17,013 sq ft ( per assessor ). The Building has 20 parking spaces, consisting 12 carports and 8 open parking spaces. Four units are available for rent. Tujunga is experiencing great demand and growth due to an influx of residents migrating from nearby cities. Close proximity to shopping, transportation, schools and local amenities. This is your opportunity to expand your investment portfolio and own this amazing income property.
Exceptional Opportunity: Prime Commercial Property with Fully Equipped Coin Laundry Assets included. We are delighted to present this exceptional commercial property offering a lucrative investment opportunity. Situated in a highly sought-after location, this property boasts not only the building but also includes all the assets of a fully operational coin laundry facility. This turnkey investment provides prospective buyers with the advantage of acquiring a property equipped with state-of-the-art coin laundry assets, ready for immediate operation or integration into existing ventures. Key Features: - Prime commercial property with versatile usage potential. -Fully equipped coin laundry assets included in the sale price. -Strategically located on Foothill Blvd., ensuring high visibility and foot traffic. -Ample parking space. It is important to note that while this offering includes the assets of the coin laundry business, the sale does not include the business itself, providing flexibility for buyers to explore various entrepreneurial opportunities. Don't miss out on this rare chance to acquire a valuable property with turnkey assets. Contact us today to schedule a viewing and explore the limitless potential this investment holds.
Ideal Multi-Tenant Investment Property. Building of approximately 12,960+- square feet with 9,815+- square feet being Ground Level Retail / Service/ Office storefronts and 3,145+- square feet being 2nd Level Office Space. Ground Floor is currently comprised of 8 rentable suites / storefronts ranging in an assortment of sizes from 755 sq ft to 2,323 sq ft with each their own restroom and HVAC system. One Suite on second Floor of 800 sq ft and another of 2,345 sq ft. (divisible). Currently Ten (10) suites total. Entirely Renovated and Modernized in 2022, New Roof, HVACs, ADA Restrooms, Doors, Windows, Electrical, Plumbing, Exterior Siding & Dcor, Asphalt Parking Lot & Striping w/ADA Stalls & Stripe 180 feet of Street Frontage on major thoroughfare Sierra Hwy - Extremely street visible Building. New asphalt Parking Lot with 29 exclusive parking stalls plus abundant street parking. Great opportunity for an owner / user who may want to occupy a portion of the property. Three separate APN's and 3 separate legal lots. PLEASE CALL OR EMAIL FOR OFFERING MEMORANDUM
An amazing investment opportunity with significant upside potential, 8710 Kester in Panorama City is within a half mile of the Primestor-planned Panorama City Center, whose approx. 5 million square feet redevelopment project brings a dynamic mixed-use environment including shopping, sit-down restaurants, health and wellness services, event gathering destinations, a range of housing options, and remote working areas. Kester will be equally close to the planned East San Fernando Valley Light Rail Line, with a planned Metro stop at the City Center. With a diversified mix of two 3/3 and eight 2/3 unique townhome-style, plus three 2/2, and two 1/1 single level apartments, these well-maintained 15 units built in 1962 offer exceptional roominess (averaging 1217sf per unit) over 18,255sf GLA on a 21,622sf lot. Boasting 15 covered parking spots, newer roof, central AC and all-copper plumbing, these fully-occupied, all-electric units sit in the heart of this local redevelopment boom, with hundreds of apartments recently built (Panorama Tower) or slated for development along with another nearby proposed mixed use Icon at Panorama project (adjacent to the Panorama City Center). whose almost-600,000sf residential/retail combination will make 8710 Kester a highl
Set to benefit immensely from its position in the path of development, the property sits only one block from the planned 4.5 million square foot mixed-use development slated for the site of the existing Panorama Mall. Included in the proposal are 125,000 square feet of retail space, 70,000 square feet of restaurant space, 90,000 square feet of entertainment space, and 146,000 square feet of open space. That project intends to capitalize on the upcoming East San Fernando Valley Light Rail Line, which will include a Metro stop just two blocks from 8407 Cedros Avenue. Perhaps the most noteworthy development project currently in the San Fernando Valley, the light rail line will connect the Metro Orange Line, the Metrolink Train Line in Van Nuys, and the Metrolink Train Line in Sylmar/San Fernando. The majority of the new transit line will run along the median of Van Nuys Boulevard, with a station planned just two blocks from 8407 Cedros Avenue. In addition to boosting commerce in the immediate area, it will also provide the benefit of more convenient transportation for the property's tenants. With current rents approximately 42% below market rates, a new owner can capitalize on this rent upside to create increasing cash flow even before the neighborhood improves with the pending deve
Runnymede Holiday Apartments presents opportunity to acquire a desirable garden style 40 unit complex consisting of open grounds and attractive low-maintenance construction consisting of an ideal (12) 1 bedroom / 1 bath units, (20) 2 Bedroom / 1 bath units, and (8) 3 bedroom / 2 bath units. The property does not possesses any decks, tuck-under parking, or exterior catwalks, thereby removing large capital expenditure items for long-term operations. The grounds consist of mature vegetation, open walkways, a picnic and playground area, a large onsite laundry facility, and fully gated grounds and parking. The property possesses significant income and equity growth potential with an in-place 4.45% cap rate and a 8.0% proforma cap rate on a proven loss to lease rent roll. Select units are renovated with proven renovated proforma rents. Runnymede Holiday Apartments is well located in the vibrant neighborhood of North Hollywood. Known for its artistic flair, diverse community, and convenient access to urban amenities, North Hollywood offers an enticing blend of entertainment, culture, and lifestyle opportunities. The property is located with quick access to Highway 170, The Burbank Airport, Iconic Noho Arts District, and various retail shops/centers in the immediate surrounding area. On
First time on market in over 40 years. Absolutely prime for affordable housing development, or owner user or for any of the below developments or use as auto service bays with 30 feet height with rollup doors, offices, break room and sales offices. Close to the 405, 101, 134, 170, 210 and 118 freeways. This location would be an excellent site as a satellite sales center as an auto dealership, mixed use multifamily over retail development. Rare infill 1.32 acre of LAC2 zoned property perfect for owner user or as an investment or redevelopment as multifamily, automotive, car wash, service station, auto body shop, RV storage and repair, RV service, self storage, auto dealer sales lot, medical clinic development, shopping center development, LIHTC multifamily development, retail small box, grocery outlet, fast food, drive thru, car wash, convenience store, gas station, hotel, assisted living, seniors age restricted residential development and much more. Developers and buyers to verify the above uses. Owner, its agents, brokers make no warranties expressed or implied as to the permitted uses by the City of Los Angeles Planning Department. Must be sold with 8628 Sepulveda for a total land size of 1.76 acres. Please submit highest and best price.
0.44 acres available for sale 9320 SF Retail Building, automotive bays with 30' high rollup doors at 8646 Sepulveda Blvd. This lot is combined with and must be sold with 8646 Sepulveda, as contiguous properties. Please review the listing for 8646 Sepulveda.
This is a great opportunity for an owner/user to purchase an industrial property in North Hollywood. The building consists of 3,800 square feet of nicely improved industrial space on 6,675 square feet of M2-zoned land. There are five roll up doors, two restrooms and twelve parking places. The majority of the building has epoxy floors and has been completely remodeled. The building has great access to the 5 Freeway and is located in the heart of the San Fernando Valley.
THIS IS THE ONE 5 UNITS-FULLY STABILIZED: 6926 Morella Ave - Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2021. Consisting of three buildings, this modern complex offers unparalleled amenities and convenience for tenants. Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents. Additionally, there is plenty of parking for all units with a combination of attached 1 car garages and surface parking lot spaces. Each unit offers a generous layout with a combination of four- & three-bedroom units, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters. With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market at a true 6.47 cap rate. Don't miss out on the chance to secure a lucrative investment in the ultra-hot NOHO neighborhood. Make this property y
Remarkable space that offers an exceptional opportunity to thrive in a vibrant & bustling location: the Old Town Newhall Arts & Entertainment District. Located in the heart of downtown, this 6,890sf* property on over 16,000 sf of land benefits from its prime position on Main & Market, ensuring maximum visibility and foot traffic. It is the only lot with an ingress and egress from both Railroad Ave. and Main Street and is directly across the street from the Newhall Metrolink station. Open layout provides endless customization; tailor the space to suit your specific requirements. With high ceilings and abundant natural light, this property creates an uplifting and energetic atmosphere. Ample parking28 spaces on one of the only parking lots in downtownensuring convenience and ease of access. Benefit from proximity to popular restaurants, cafes, boutiques, and entertainment venues. Expand your business, or create a new mixed-use commercial development. *Buyer to verify
The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. The rent survey conducted for this property indicates significant upside upon the relaxation of Covid restrictions by both the City and County of Los Angeles. Rents have not been increased for some time and the rent increase freeze may be lifted early2024. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.
A 15-unit Multifamily Located in Noho West With a Ton of Upside (74%). the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $250K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.65 and Proforma CAP rate of 8.76%. EQ Retrofitting has been completed and main electrical panel and subpanels have been upgraded in 2024.
Huge 500k Price Reduction! This is an excellent opportunity to invest in a rare non-rent controlled 20-unit building (85% occupied) in the prime Burbank area, priced at only $273k per door for renovated units. The property boasts an incredible current 6% Cap Rate and 12.1 GRM with upside potential to reach a 6.5% cap rate and 11.3 GRM on proforma. 16 fully renovated units with permits and 2 partially remodeled units offer promising long-term value for any forward-thinking investor. Additionally, the large lot size of approximately 19,166 SF provides ample parking spaces as well as potential for future upside by adding multiple ADUs (Accessory Dwelling Units). Non-LA-City rent-controlled asset allowing significant 8.8% annual rent increases (5%+CPI) for future upside. 16 units have been completely renovated with permits (3 vacant) and boast a high-end aesthetic with new cabinets, flooring, modern lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. Amenities include a renovated courtyard with seating areas and a fire pit, on-site laundry facilities, and parking for convenience. Prime Burbank location just minutes away from media giants such as Warner Bros Studios, Walt Disney Studios, and Burbank Town Center Shopping Mall.
A prime opportunity for investors! Welcome to this exceptional property in Burbank, boasting five units on a sprawling 14,349 sq ft flat lot, with a generous 3,193 sq ft of living space. Comprising a two-bedroom house, two single units, and two one-bedroom units, this listing offers versatility and potential. The expansive lot provides ample space for multiple vehicles, a sizable yard, and flourishing fruit trees, creating a tranquil oasis in the heart of Burbank. Enjoy the convenience of excellent public transportation and the proximity to shopping, schools, and restaurants, all within walking distance. With its myriad possibilities, including potential future development opportunities, this property is truly an investor's dream. Explore the endless potential and possibilities.
Welcome to 14011 Sherman Way, a well-positioned 13-unit apartment building located in the heart of Van Nuys, California. This property offers a diverse selection of units designed to suit various lifestyles and needs. What sets this property apart is the unique opportunity for owner financing at attractive terms. Take advantage of owner financing at 5% interest for 5 years, with a $1,350,000.00 downpayment, making this investment more accessible and appealing for potential buyers. Located in Van Nuys, this property enjoys proximity to local amenities, schools, parks, and major transportation routes, making it an attractive choice for renters and investors alike. Whether you're looking to expand your investment portfolio or secure a stable income-generating property, 14011 Sherman Way offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don't miss out on this chance to own a valuable piece of Van Nuys real estate. Schedule your private showing and explore the potential of this impressive apartment building. The Unit Mix is (1) One-Studio, (7) Seven One Bedroom and One Bath Units, (4) Four Two Bedroom and One Bath Units, and (1) Two Bedroom and Two Bath Units. Each unit features contemporary interiors with w
Discover the perfect blend of commercial opportunity and residential comfort with this mixed-use property featuring a spacious front retail store boasting 50 feet of prime frontage on Lankershim Blvd. Ideal for entrepreneurs seeking high visibility and foot traffic, this property also includes a charming 2 bedroom, 1. bathroom house complete with an attached garage for two cars. Front retail building has 2 bathrooms, one in the office and one for the showroom. Whether you're looking to establish your business presence or enjoy the convenience of living and working in one location, this property offers endless possibilities.
The Ivy at Woodman Apartments, located in the Valley Glen neighborhood of the San Fernando Valley, is a 23-unit multi-family building built in 1964. And beautifully renovated in 2022. This property is located at 6958 Woodman Ave. and is comprised of two studio, three one-bedroom/one-bath, one one-bedroom/one and a half-bath, twelve two-bedroom/one and a half-bath, four two-bedroom/two-bath, and one three-bedroom/two-bath units across +/- 22,211 gross square feet of improvements on +/- 18,795 square feet of land. Utilities are separately metered for electricity and gas. The property also features 23 covered parking space. This stunning turn-key opportunity has been remodeled with high end finishes and has a modern and luxurious feel. Unique to this building is that 14 of the units are townhouses, offering tenants more space and privacy. This continues to add to its long list of desirable features. Neighboring multi-family projects add value to the surrounding buildings, and position the property to capture top of market rents and higher income tenant base. The charming Mid-Century design, resort-style feel, and location are already major draws for The Ivy at Woodman Apartments. Additional drivers leading to the high rents being achieved include the elevated level of renovation and
Versatile Commercial Property with Strategic LocationThis property offers a blend of estimated square footage, with the owner-provided figure at 33,175 rentable square feet and the assessor's parcel indicating 11,300 square feet. Additionally, 2,178 square feet on-site will be delivered vacant at the close of escrow.The property comprises four buildings according to the assessor, although the owner has introduced non-conforming structures and trailers during their tenure as well as adding yard space to their rentals. Situated on a desirable corner lot, the property features three entrances for convenient ingress and egress and monument signage.Historical tenants showcase the property's appeal and durability. Current uses include auto repair, landscaping, recycling, and the distribution of electric and plumbing supplies. Most tenants are on a month-to-month basis, with only 5 leases ending by the end of 2027 (see Offering Memorandum for details).Business Park zoning accommodates various activities aligned with both business park and industrial zoning regulations, offering flexibility for diverse business operations.Exceptional opportunity for investors seeking a multi-functional space with potential for various business ventures.City of Santa Clarita named the "Most Business Frien
We are pleased to present an 11-unit apartment building nestled in North Hollywood. The property boasts a gated entrance, an inviting courtyard for its residents, community laundry facilities, and ample parking, ensuring convenience for all. Moreover, there's significant potential for increased rental income, as current rents are below market rates. Constructed in 1977, this 7,030 square foot, 11-unit building occupies an 11,988 square foot lot zoned R3. It's ideally situated on Victory Blvd in the North Hollywood neighborhood, offering easy access to shopping, dining, and public transportation. The Red Line is just over a mile away, granting residents seamless connectivity to the 170, 5, and 101 freeways. The property is also close to the vibrant NOHO Arts District, Burbank Airport, University City, Victory-Vineland Recreation Center, Valley Plaza Park, and North Hollywood Park.
