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$2,295,000
276 Days On Site

5112 5114 Vineland Ave
North Hollywood, CA 91601

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
2,469
SqFt
$930
/SqFt
County:
Los Angeles
Listed by Tania Adary of Archetype Real Estate Group In [email protected]
Call Now: (346) 422-8182
Is this the listing for you? We can help make it yours.
(346) 422-8182
5112 5114 Vineland Ave5112 5114 Vineland Ave5112 5114 Vineland Ave
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Monthly Payment (Est.)

$10,471
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Price Improvement! Bring all reasonable offers! Step into a rare opportunity to acquire 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 an Owner-User 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. Unit mix: 2 retail accessed from Vineland Ave. and 1 residential at the rear (can all be combined or kept separate). CAP 6.58% !! Although currently 100% leased by strong a performing Tenant (owner occupied on MTM), the C-4 Zoning supports a wide range of retail, medical, veterinary, and other creative uses in addition to future redevelopment potential! See site plans attached. This opportunity is ideal for anyone seeking a stable income with a vision to potentially develop in a high-growth corridor. Seller is Flexible with terms (Tenant is willing to sign a longer term lease or continue month-to-month for a potential owner occupancy or a developer). This Unique opportunity offers the ability to offset holding costs during potential entitlement phase for a developer. Surrounded in the epicenter of North Hollywood’s vibrant Arts District, this property benefits from a blend of dining, entertainment and residential areas, contributing to a highly sought-after location with consistent commercial demand. The property has excellent street visibility & signage, rear alley access, and with close proximity to public transit and green space, the upcoming LA Metro Expansion Project with North Hollywood to Pasadena BRT (Bus Rapid Transit) will only solidify the consistent demand in the neighborhood. Please Note: PLEASE NOTE, Seller is also willing to entertain the sale of 50% of the property - inquire via email if you have any questions as we understand this unique opportunity may require further clarification! Buyer and/or Buyer’s Representative are encouraged to perform their own due diligence with the city for current and future zoning uses. PLEASE DO NOT walk onto the property or into the place of business to inquire. PLEASE DO NOT call the Tenant’s place of businesses to inquire. Best and quickest way to receive a response to your inquiry is to send an email to the Listing Agent(s).

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Listing Snapshot
Price 
$2,295,000
Days On Site 
276 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,469 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1148 Acres
Year Built 
N/A
MLS® Number 
GD25273001
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoPrice changed to $2,295,000
2 weeks agoListing updated with changes from the MLS®
9 months agoListing first seen on site
General Features
Acres 
0.1148
Number Of Stories 
1
Property Sub Type 
Mixed Use
Special Circumstances 
Standard
SqFt Total 
2469
Water Source 
Public
Zoning 
C-4
Interior Features
Laundry Features 
None
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Exterior Features
Lot Features 
Near Public Transit
Community Features
MLS Area 
NHO - North Hollywood


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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