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$ 599,000
Est. payment /mo
Active Under Contract
7230 Lankershim North Hollywood, CA 91605
3,184 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SR26038588
HOA Y/N No
Year Built 1963
Lot Size 3,184 Sqft
Property Sub-Type Mixed Use
Property Description
Welcome to a rare opportunity to own a versatile commercial property in the heart of North Hollywood. Situated on a 3,000+
sq. ft. lot, the property features approximately 540 sq. ft. of existing retail/office space and offers significant potential for
creative redevelopment. Zoned C-2, the property allows for a wide range of commercial uses. A neighboring parcel with an
identical lot size has been developed with a two-story residential structure at the rear and a two-story commercial building at
the front, illustrating the site's redevelopment potential. With tall perimeter fencing and large entry gates, the site is well
suited for businesses needing a secure yard—ideal for contractor staging, fleet or van parking, tool/material storage, service
based operations, or other owner-user/investor concepts. Enjoy excellent visibility along the high-traffic Lankershim
Boulevard corridor. This is a compelling opportunity for contractors, developers, or investors seeking strong long-term rental
income potential. High-traffic location on Lankershim Blvd with excellent street frontage/540 sq. ft. building – perfect for
retail, office, or boutique business use/Lot size: 3,062 sq. ft. with potential for creative redevelopment (check
zoning)/Convenient on-site and nearby street parking/Close proximity to freeways, residential neighborhoods, and local
businesses/Surrounded by a vibrant mix of shops, restaurants, and entertainment options Perfect for an owner-user to
establish their own storefront or office. Strong income potential for investors seeking long-term rental opportunities. With
zoning flexibility, property may offer future redevelopment possibilities. Located just minutes from the NoHo Arts District,
North Hollywood Metro Station, and Burbank Airport, this property is positioned in one of the most desirable and growing
submarkets of Los Angeles. Whether you're looking to launch a new business, expand your portfolio, or secure a prime location
for future redevelopment, 7230 Lankershim Blvd is a smart choice.
sq. ft. lot, the property features approximately 540 sq. ft. of existing retail/office space and offers significant potential for
creative redevelopment. Zoned C-2, the property allows for a wide range of commercial uses. A neighboring parcel with an
identical lot size has been developed with a two-story residential structure at the rear and a two-story commercial building at
the front, illustrating the site's redevelopment potential. With tall perimeter fencing and large entry gates, the site is well
suited for businesses needing a secure yard—ideal for contractor staging, fleet or van parking, tool/material storage, service
based operations, or other owner-user/investor concepts. Enjoy excellent visibility along the high-traffic Lankershim
Boulevard corridor. This is a compelling opportunity for contractors, developers, or investors seeking strong long-term rental
income potential. High-traffic location on Lankershim Blvd with excellent street frontage/540 sq. ft. building – perfect for
retail, office, or boutique business use/Lot size: 3,062 sq. ft. with potential for creative redevelopment (check
zoning)/Convenient on-site and nearby street parking/Close proximity to freeways, residential neighborhoods, and local
businesses/Surrounded by a vibrant mix of shops, restaurants, and entertainment options Perfect for an owner-user to
establish their own storefront or office. Strong income potential for investors seeking long-term rental opportunities. With
zoning flexibility, property may offer future redevelopment possibilities. Located just minutes from the NoHo Arts District,
North Hollywood Metro Station, and Burbank Airport, this property is positioned in one of the most desirable and growing
submarkets of Los Angeles. Whether you're looking to launch a new business, expand your portfolio, or secure a prime location
for future redevelopment, 7230 Lankershim Blvd is a smart choice.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 2316030043
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Edward Frish Century 21 Hollywood efrish@c21edva.com, DRE #01252271
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