Offered at $2,250,000 - $217 P/SF
5.32% Cap Proforma
10,350 SF - 22,072 SF Lot
Zoning LACM - Year 1959
Parking Spaces 20+
5 individual units.
100% leased to a committed long-term single tenant who handles all interior maintenance - requires very little management by the ownership.
Current Rent is $7,775
Proforma Rent is $12,937.50
This North Hollywood prime street Coldwater Canyon Industrial/Manufacturing property has five individual units. Two of the units are currently used as storage units, while one unit is general warehouse space with the other two units have been renovated to office/flex space.
Central to the Hollywood 170 Freeway, the 5 and the 101 as well as the Burbank Airport and major entertainment studios