Back to Search Nalren

$1,099,000

FOR SALEActive

6045 Vineland Avenue

North Hollywood CA 91606

3,247

SF

Office

Type

1939

Built

$338/SF

Cost/SF

21 days on marketNalren refreshed

Listing Agent

Arthur Ambarchyan

Listing Agent

DRE #: 01351863

(818) 434-9911

Brokerage: Keller Williams R. E. Services

Location Analysis

MapProperty Location

About This Property

Rare opportunity to acquire a freestanding commercial building in one of North Hollywood’s most desirable commercial corridors. Offered at $1,099,000 (approximately $338 per square foot), this 3,247 SF single-story property is built to the rear property line (zero lot line). Flexible C2-1 zoning suitable for office, creative, medical, or select retail uses, and can be delivered vacant. The property features three suites, including a fully equipped commercial kitchen, private offices, abundant storage, shared outdoor patio access, and five on-site parking spaces. Recent capital improvements include upgraded copper plumbing, HVAC ducting, and a new electrical panel. The building needs some TLC, which is reflected in the pricing and gives a buyer the opportunity to add value. The rear 671 SF suite is leased at $3.62/SF ($2,429/month) through January 1, 2028, with the option to deliver vacant. The two remaining suites are month-to-month, and all leases are gross. The property is well-suited for an owner-user or an investor seeking in-place income with repositioning upside in one of the Valley’s most active commercial corridors.

Property Information

Property Overview

Commercial - Office

Property Type

Active

Status

0.1087 acres

Lot Size

3

Total Units

3,247 SF

Square Footage

$338.47/SF

Price per SF

4.66%

Cap Rate

$61K

NOI

1,939

Year Built

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

4.66% Cap Rate

Location Analysis

Map

Similar Commercial Properties

Recent commercial sales in North Hollywood

Closed commercial sales reported, newest first.