North Hollywood, CA 91601
$1,200,000
Mark Quesada
Broker / Owner
DRE #02101365
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.
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$8,856/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Nick Nekoo, Prestige Beverly Hills
MLS# SR26207068 · Active
History reflects records reported to the MLS and may be incomplete.