North Hollywood (los Angeles), CA 91601,5112 Vineland Ave
North Hollywood (los Angeles), CA 91601,5112 Vineland Ave
North Hollywood (los Angeles), CA 91601,5112 Vineland Ave
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Listed by Tania Adary • Archetype Real Estate Group In
$1,250,000
Est. payment /mo
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2,469 SqFt
Active

5112 Vineland Ave North Hollywood (los Angeles), CA 91601

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Kevin & Tawnya Erickson

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,469 sqft

Price per Sqft $506

MLS Listing ID CRGD25273001

HOA Y/N No

Lot Size 4,999 Sqft

Property Sub-Type Mixed Use

Source Datashare California Regional

Property Description

*PLEASE READ ENTIRE LISTING DESCRIPTION* *****PLEASE NOTE***** NOI & CAP rate are calculated based on the value of the ENTIRE property not the Sale price of $1,250,000.00 (50%), therefore, the CAP RATE has been modified as such and may read 12% vs 6%. The Seller is flexible on terms and would like a strong partnership which is why the Seller is offering flexibility on the return on investment with a minimum of 5% return with terms to TBD - please inquire if you have any questions! Step into a RARE opportunity to acquire 50% ownership of a fully leased mixed-use commercial property in the heart of the North Hollywood Arts District. 5112 & 5114 Vineland Ave offers a unique opportunity for a Buyer and/or Investor to immediately generate income upon the close of Escrow! Offering ±2,469 SF across two contiguous buildings with two APN's for a total lot size of ±4,999 SF, this asset provides a generous return and strong long-term upside. Together, they create a rare dual-parcel opportunity. Although currently 100% leased by strong performing Tenants (one being owner occupied), the C-4 Zoning supports a wide range of retail, medical, veterinary, and other creative uses in addition to FUTURE REDEVELOPMENT potential! Surrounded in the epicenter of North Hollywood's vibrant Arts District,

Location

State CA

County Los Angeles

Interior

Fireplace No

Building

Water Public


Bay East Association of Realtors

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Colfax Charter Elementary

    Public | KG - 5

  • 10

    Valley View Elementary

    Public | KG - 5

  • 9

    Carpenter Community Charter

    Public | KG - 5

  • 9

    Theodore Roosevelt Elementary School

    Public | KG - 5

  • 9

    Robert Louis Stevenson Elementary

    Public | KG - 5

  • 8

    Rio Vista Elementary School

    Public | KG - 5

  • 8

    Toluca Lake Elementary

    Public | PK - 5

  • 8

    Bret Harte Elementary

    Public | KG - 5

  • 8

    Thomas Edison Elementary

    Public | KG - 5

  • 7

    Celerity Palmati Charter

    Public | KG - 8

  • 7

    Providencia Elementary

    Public | KG - 5

  • 7

    George Washington Elementary

    Public | KG - 5

  • 6

    Monlux Elementary School

    Public | KG - 5

  • 6

    Celerity Cardinal Charter

    Public | KG - 8

  • 5

    Coldwater Canyon Elementary School

    Public | KG - 5

  • 5

    Burbank Boulevard Elementary

    Public | PK - 5

  • 5

    Victory Boulevard Elementary School

    Public | KG - 5

  • 5

    New Horizons Charter Academy

    Public | KG - 8

  • 5

    Lankershim Elementary School

    Public | KG - 5

  • 5

    Fair Avenue School

    Public | KG - 5

Middle Schools 8
  • 7

    Walter Reed School

    Public | 6 - 8

  • 6

    Luther Burbank Middle School

    Public | 6 - 8

  • 5

    Sun Valley Magnet

    Public | 6 - 8

  • 4

    Roy Romer Middle School

    Public | 6 - 8

  • 0

    Harvard-Westlake School

    Private | 7 - 12

  • 0

    Emerson Academy

    Private | 6 - 12

  • 0

    Off Campus Learning Center

    Public | 7 - 12

  • 0

    Magnolia Park

    Public | 6 - 12

High Schools 13
  • 8

    North Hollywood High School

    Public | 9 - 12

  • 8

    John Burroughs High School

    Public | 9 - 12

  • 6

    Ulysses Grant High School

    Public | 9 - 12

  • 3

    East Valley High School

    Public | 9 - 12

  • 2

    Jack London Community Day

    Public | 9 - 12

  • 0

    Jack London Continuation

    Public | 9 - 12

  • 0

    Coldwater Canyon Preparatory

    Private | 9 - 12

  • 0

    Valley Torah High School

    Private | 9 - 12

  • 0

    Valley Torah

    Private | 9 - 12

  • 0

    Valley Torah High School Girls' Division

    Private | 9 - 12

  • 0

    Amelia Earhart Continuation

    Public | 9 - 12

  • 0

    Monterey High (Continuation)

    Public | 9 - 12

  • 0

    Providence High School

    Private | 9 - 12

School and business data provided by Attom Data.

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5112 Vineland Ave