4111-4123 Lankershim Blvd 2 Office Properties Offered at $24,488,669 CAD in North Hollywood, CA
INVESTMENT HIGHLIGHTS
- Central Location for Transportation with Multiple Freeway Access Points and mass transit/Metro
- Local Amenities for Restaurants, Bars, Music, Fitness, an Outdoor Park and so much more.
- Extensive Signage & Identity Opportunities Brand Awareness
- Extensive Use of Private Secured Outdoor Patio/Balcony Space
- Prime Area for Entertainment Businesses
- In a Transit Oriented Community for Potential Redevelopment with Density Bonuses
EXECUTIVE SUMMARY
LEE & ASSOCIATES, is pleased to offer these two (2) buildings for sale, either together or separate.
4111 & 4123 LANKERSHIM BLVD. is a two-building office campus located in one of the most enriching communities in the Los Angeles market and at the crossroads of Studio City, Toluca Lake and Noho. The compound consists of two office buildings crafted with a focus on functionality while upholding contemporary design principles allowing for everything that businesses and tenants look for in today’s workplace with emphasis on natural light, usable outdoor space, spacious ceiling heights and excellent brand identity.
4111 & 4123 LANKERSHIM BLVD. has excellent potential for a buyer, whether an investor, owner-user, or a hybrid of the two. The property offers the optionality of various users who place importance on having control over their own property, as well as value-add investors taking advantage of the Transit Priority Area and State Enterprise Zone status with adaptive reuse in mind.
The Project is offered on a fee simple basis, free and clear of any existing debt, and on an as-is, where-is basis.
The buildings can be purchased together or separately.
LEE & ASSOCIATES welcomes the opportunity as the Exclusive Broker to represent the Owner in the sale of this unique commercial office opportunity in the main central business and entertainment corridor of the San Fernando Valley.
4111 & 4123 LANKERSHIM BLVD. is a two-building office campus located in one of the most enriching communities in the Los Angeles market and at the crossroads of Studio City, Toluca Lake and Noho. The compound consists of two office buildings crafted with a focus on functionality while upholding contemporary design principles allowing for everything that businesses and tenants look for in today’s workplace with emphasis on natural light, usable outdoor space, spacious ceiling heights and excellent brand identity.
4111 & 4123 LANKERSHIM BLVD. has excellent potential for a buyer, whether an investor, owner-user, or a hybrid of the two. The property offers the optionality of various users who place importance on having control over their own property, as well as value-add investors taking advantage of the Transit Priority Area and State Enterprise Zone status with adaptive reuse in mind.
The Project is offered on a fee simple basis, free and clear of any existing debt, and on an as-is, where-is basis.
The buildings can be purchased together or separately.
LEE & ASSOCIATES welcomes the opportunity as the Exclusive Broker to represent the Owner in the sale of this unique commercial office opportunity in the main central business and entertainment corridor of the San Fernando Valley.
PROPERTY FACTS
| Price | $24,488,669 CAD |
| Price / SF | $558.43 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 43,853 SF |
| Total Land Area | 0.79 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 4123 Lankershim Blvd, North Hollywood, CA 91602 | Office | 34,420 SF | 1989 | $17,620,742 CAD |
| 4111 Lankershim Blvd, North Hollywood, CA 91602 | Office | 9,433 SF | 1991 | $6,521,062 CAD |
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