11503 Burbank Boulevard, North Hollywood, CA 91601
Commercial property
Sold May 2025
Listing Agent: Carlo Honanian (DRE #01264495) · Listing Office: Silver Spoon Properties · Contact: 818-612-3242 · Bought with: Carlo Honanian · Silver Spoon Properties · MLS #GD24249040 · Source: CRMLS
How this sale compares
11503 Burbank Boulevard sold for $1,900,000 in May 2025, 9.4% under its $2,097,000 list price, after 114 days on the market. It was first listed at $2,349,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
Excellent cash flowing single tenant investment opportunity for this commercial retail property in a prime location with great visibility and traffic. This corner property has 10 parking spaces and been occupied by single long term tenant with a Cap Rate of over 7%. Business is not included in the sale. This standalone property is conveniently located in prime North Hollywood, minutes away from Toluca Lake, Studio City and Valley Village.
Listing description from the May 2025 sale, as reported to CRMLS.
Sale history