North Hollywood, CA 91605 7436 Lankershim Boulevard
$1,300,000
6 more
Presented By: David Nalbandyan with LA Premier Realty; info@lapremierrealty.com
- MLS# BB24169018
- 08/19/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Baths • 3
SQFT • 2,165
Home Details
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.
Presented By: David Nalbandyan with LA Premier Realty; info@lapremierrealty.com
Interior Features for 7436 Lankershim Boulevard
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside, None
Total Stories1
Other Rooms
Entry Level1
General for 7436 Lankershim Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityNorth Hollywood
Community FeaturesCurbs
CountyLos Angeles
Directionsoff of Lankerhsim
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income103200.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsConventional
Lot Size Square Feet5660.0
Lot Size UnitsSquareFeet
MLS AreaNHO - North Hollywood
MobileHomeRemainsYNNo
Net Operating Income78411.0
New ConstructionNo
Number Of Units Total3
Operating Expense24789.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot43
Trash Expense0.0
Water Sewer Expense0.0
Year Built1942
Year Built SourceAssessor
ZoningLAC2
Exterior for 7436 Lankershim Boulevard
Building Area Total2165.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1299
Lot Size Area5660.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate