$ 1,115,000
-
$1,115,000
Price -
1,125
SqFt -
0.06
Acre
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About the Listing SR0029601 - F207014579
Absolute NNN with actual 5% CAP and 23-unit mixed-use redevelopment potential. Freestanding restaurant building on a high-traffic stretch of Burbank Blvd in North Hollywood. 100% leased under an absolute triple-net (NNN) lease through 12/31/2029 with a 60-month renewal option. Contractual rent growth is locked in via a Fixed Rental Adjustment schedule. Building constructed in 2014. LAC4 zoning with confirmed Transit Oriented Communities (TOC) Tier 3 status and no minimum parking requirement under state law (AB 2097). Approximately 0.5 miles to the North Hollywood Metro Station (B/Red Line + G/Orange Line). This is a living trust sale -- no court confirmation required. The adjacent parcel at 11486 Burbank Blvd is separately available; combined, the two contiguous parcels support up to 23 mixed-use units across 6 stories under confirmed TOC Tier 3 zoning.
Listing Highlights for 11482 Burbank Boulevard
Interior Details
- Appliances:
- Air Cond:
- Heating:
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- Floor:
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- Other:
- Water: Public
Exterior Details
- Lot Description: Street Level,No Land Lease
- Garage Capacity: N/A
- Lot Dimensions: 2,614 SF
- Zoning: LAC4
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2350004059
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
11482 Burbank Boulevard North Hollywood, CA 91601
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