7436 Lankershim Boulevard
North Hollywood, CA 91605
0.13 acres | #BB24169018
Description
We are excited to offer an exceptional opportunity to purchase a versatile mixed-use commercial property strategically positioned on the highly sought-after Lankershim Blvd. This property consists of two 3 Bedroom Residential Units and one store-front retail space, currently offering a 6.4% CAP Rate. This property is sold in conjunction with 7444 Lankershim Blvd, which presents a potential for a 40-unit Mixed-use Development Project. In total it would comprise of six units, including three commercial and three residential units, encompassing a total of 4,217 square feet on a spacious 11,284 square feet lot.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,199,000
- MLS #BB24169018
- MLS #BB24169018
- Property SubtypeMixedUse
- Cost1300000
- Acres0.1299
- Utility SourcePublic
- Year Built1942
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David Nalbandyan (#BB40892)
Listing Office: LA Premier Realty (#BH534521)
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