7444 Lankershim Boulevard is strategically located on one of the main thoroughfares of the North Hollywood submarket providing exceptional visibility and access to neighboring cities. The subject property is a well maintained ±3,439 SF mixed use building embedded on a ±5,625 SF lot with gated parking in the front and the rear of the building. The property is currently owner-occupied by “Clinica Medica Internacional”, a neighborhood medical clinic that operates on ±1,521 SF. Additionally, there are two single family homes currently fully remodeled with new kitchens, flooring, windows, AC units, with their own separate electrical panel/gas meters each sitting at proximately ±929 SF & ±989 SF each.
This property is an ideal live/work scenario ready for an owner/user to move in their business to the retail space and their family to the home. This property is also set-up for an owner/user looking to operate their business and receive income from the single-family dwellings. With limited supply and high demand for properties on Lankershim Boulevard this rare opportunity is ideal for an owner/user looking to take advantage of SBA financing with as little as 10% down!
As one of the most lucrative submarkets in the San Fernando Valley, North Hollywood has seen a plethora of new developments and multi-unit housing coming to the area. Furthermore, after breaking ground of the new NoHo West development a lot more excitement has surrounded the North Hollywood area with what’s to come in the near future. This property is located within the North Hollywood Arts District which in the last two decades has emerged as the intersection of an ever-evolving vibrant urban community filled with small theaters, arts-related activities and classes, restaurants and bars, apartments, and mixed-use buildings.
Buyer to verify all information, including square footage, permits, and licenses.