PRICE: $4,250,000

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A three-story office building in prime North Hollywood.

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Elijah Suval and Daniel Hirth of the Hirth Group have been exclusively selected to market for sale 4220 Lankershim Blvd, North Hollywood CA 91602 - a three-story office building comprised of 9,386 SF of building on an estimated 5,499 SF lot.  The subject property is currently occupied by two tenants, Lifeboat Productions on the 2nd Floor and Vertical Media on the 3rd Floor.  There is subterranean and ground level parking combining for a total of 23 parking spaces, as well as ample street parking.  This rare office opportunity on prime Lankershim Blvd also benefits from an elevator, alleyway access, and excellent exposure and visibility.  All in all, this is an ideal opportunity for an owner/user or savvy investor looking for prime office space in one of the most flourishing submarkets in all of Los Angeles.

 

North Hollywood is a highly profitable submarket in the San Fernando Valley that has experienced a surge of fresh developments and multi-unit housing. The construction of the NoHo West development has generated even more enthusiasm for the area’s future prospects. The property is situated only minutes away from North Hollywood Art’s District, which has evolved into a dynamic urban community over the past twenty years, featuring small theaters, art-centric events and courses, eateries, bars, apartments, and mixed-use buildings. The subject property is also in proximity to Universal Studios, the I-101 and I-134 Fwy’s, Toluca Lake, Warner Brother Studio’s, and some of NoHo’s newest and prolific developments.