SALE PRICE: $1,300,000

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The Hirth Group is pleased to announce the sale of 7444 Lankershim Boulevard, North Hollywood, CA 91605 – a mixed use commercial asset. The subject property is situated in the Northern section of North Hollywood, with approximately 3,439 SF of building on an estimated 5,625 SF lot.

 

The seller had owned and operated out of this well-maintained mixed-use building in North Hollywood, minutes away from the NoHo Arts District, for over 25 years. After owning the building for all these years, the seller wanted to trade into a property more suitable for his retirement.

 

Ethan Donel, Alex Reyhan, and Daniel Hirth were able to negotiate a non-contingent offer with a 30-day close before the property had hit the market. This was the seller’s first commercial transaction since purchasing the property. Our team was able to accommodate a substantial amount of time for the seller to comfortably move his equipment and close his business. We also represented the buyer who is an active investor in the North Hollywood submarket and were able to assist with his financing needs to make this deal happen.