7436 Lankershim Boulevard

North Hollywood, CA 91605

PRICE INCREASE

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+$101,000 (+8.42%)

$1,300,000

List Price

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1942

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Property 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.

Listing Information

List Price $1,300,000
Status Active
MLS BB24169018
Type Residential Income
Subtype Mixed Use
Year Built 1942
Lot Size 5,660
Structure Size N/A
DOM 71
Courtesy Of LA Premier Realty
Listing Agent David Nalbandyan DRE#01869296

Interior Features

Laundry Information
Location(s) Inside, None
Total Bedroom
Bedrooms N/A
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Exterior Information

Maps

Listing information courtesy of: David Nalbandyan, LA Premier Realty 855-525-7653. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 29th, 2024 at 11:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.