UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25273001
HOA Y/N No
Lot Size 5,000 Sqft
Property Sub-Type Mixed Use
Property Description
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, 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.
This opportunity is ideal for anyone seeking a stable income with a vision to potentially develop in a high-growth corridor.
Buyer and/or Buyer's Representative are encouraged to perform their own due diligence with the City for current and future zoning uses.
Please reach out to the Listing Agent(s) with any questions – Please do not walk onto the property and/or into the place of business to inquire with any of the Tenants. Please do not call the Tenant's place of businesses to inquire. The BEST and QUICKEST way to receive a response to your inquiry is to send an email to the Listing Agent(s) or a direct inquiry via this database.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning C-4
Interior
Fireplace No
Laundry None
Building
Lot Description 2-5 Units/Acre, Near Public Transit
Story 1
Water Public
Others
Tax ID 2419002014
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 10
Colfax Charter 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
Strathern Elementary School
Public | PK - 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
- 7
Walter Reed School
Public | 6 - 8
- 6
Luther Burbank Middle School
Public | 6 - 8
- 5
Sun Valley Magnet
Public | 6 - 8
- 4
Richard E. Byrd Middle School
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
- 8
North Hollywood High School
Public | 9 - 12
- 8
John Burroughs High School
Public | 9 - 12
- 6
Ulysses Grant High School
Public | 9 - 12
- 4
Francis Polytechnic Senior 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
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High State Realty
BROKER, OWNER | License ID: 02181686
BROKER, OWNER License ID: 02181686