Value-add office investment with immediate upside, and 23-unit mixed-use redevelopment potential. Two-story, 6-unit office building on a high-traffic stretch of Burbank Blvd in North Hollywood. Two suites are already renovated and leased to established healthcare tenants, with four additional suites ready for lease-up. Rear yard with alley access provides a realistic path to adding dedicated parking. 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 11482 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.
| MLS # | SR26207068 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1943 |
| Days On Site | 43 |
| Listing Provided By | Prestige Beverly Hills | Nick Nekoo |
| SQ Feet | 2,400 |
|---|---|
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Zoning | LAC4 |
| Acreage | 0.06 |
| Lot Features | No Landscaping |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | North Hollywood |
| Zip Code | 91601 |
| Area | NHO North Hollywood |
| Listing VS Median (in 91601) | |
Price: $1,200,000 low | high Med: $538,500 sqft: 2,400 low | high Med: 936 $ / sqft: $500 low | high Med: $582 On site: 43 low | high Med: 68 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | North Hollywood |
| Zip Code | 91601 |
| Area | NHO North Hollywood |
| Listing VS Median (in 91601) | |
Price: $1,200,000 low | high Med: $538,500 sqft: 2,400 low | high Med: 936 $ / sqft: $500 low | high Med: $582 On site: 43 low | high Med: 68 | |
![]() | $1,295,0005725 LankershimNorth Hollywood, CA 91601 |