$1,115,000
( $991.11Per Sq Foot )
 $5,986 est/mo Sourced by Back At You

11482 Burbank Boulevard,North Hollywood, CA 91601

North Hollywood, CA 91601

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Description

Absolute NNN with actual 5% CAP and 23-unit mixed-use redevelopment potential. Freestanding restaurant building on a high-traffic stretch of Burbank Blvd in North Hollywood. 100% leased under an absolute triple-net (NNN) lease through 12/31/2029 with a 60-month renewal option. Contractual rent growth is locked in via a Fixed Rental Adjustment schedule. Building constructed in 2014. LAC4 zoning with confirmed Transit Oriented Communities (TOC) Tier 3 status and no minimum parking requirement under state law (AB 2097). Approximately 0.5 miles to the North Hollywood Metro Station (B/Red Line + G/Orange Line). This is a living trust sale -- no court confirmation required. The adjacent parcel at 11486 Burbank Blvd is separately available; combined, the two contiguous parcels support up to 23 mixed-use units across 6 stories under confirmed TOC Tier 3 zoning.

Details

MLS #SR26207014
Listing TypeFor Sale
StyleMixeduse
Building NameMater Eats
Sub-TypeResale
StatusActive
Year2014
Days On Site49
Listing Provided ByPrestige Beverly Hills | Nick Nekoo

Features

SQ Feet1,125
Story(s)1
Units1
Building(s)1
ZoningLAC4
Acreage0.06

Exterior

Lot FeaturesStreet Level

Area Information

StateCA
CountyLos Angeles
CityNorth Hollywood
Zip Code91601
AreaNHO North Hollywood
Listing VS Median (in 91601)
Price:
$1,115,000
low | high
Med:
$539,000
100% of Average
sqft:
1,125
low | high
Med:
1,035
58% of Average
$ / sqft:
$991
low | high
Med:
$521
97.455644375122% of Average
On site:
49
low | high
Med:
49
100% of Average
Sourced by Back At You

Market Activity 91601

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Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CityNorth Hollywood
Zip Code91601
AreaNHO North Hollywood
Listing VS Median (in 91601)
Price:
$1,115,000
low | high
Med:
$539,000
100% of Average
sqft:
1,125
low | high
Med:
1,035
58% of Average
$ / sqft:
$991
low | high
Med:
$521
97.455644375122% of Average
On site:
49
low | high
Med:
49
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $836K - $1.393M
sqft: 844 - 1,000
Nearby Listings Property ImageNearby Listings Details
11429 Emelita Street Property Photo 1
$1,299,000
11429 Emelita Street
Los Angeles, CA 91601
Listing Updated: September 28, 2026 at 9:55:55 PM PDT