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
2,930
Building Sq Ft
1
Units
7.00%
Cap Rate
$148,687
NOI
6,442 sqft
Lot Size
1970
Year Built
Commercial property
Type
About this commercial property
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
$1,900,000
Sold May 2025 · listed $2,097,000, orig. $2,349,000, on market December 2024 · MLS #GD24249040 · Source: CRMLS
Listing Agent: Carlo Honanian · Listing Office: Silver Spoon Properties · Contact: 818-612-3242 · Bought with: Carlo Honanian · Silver Spoon Properties