REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 625,000
Est. payment /mo
Price Dropped by $24K
7230 LANKERSHIM BLVD North Hollywood, CA 91605
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25218204
HOA Y/N No
Year Built 1963
Property Sub-Type Retail
Property Description
Welcome to a rare opportunity to own a versatile commercial property in the heart of North Hollywood. Situated on a 3,000+ sq. ft. lot, the property features approximately 540 sq. ft. of existing retail/office space and offers significant potential for creative redevelopment.
Zoned C-2, the property allows for a wide range of commercial uses. A neighboring parcel with an identical lot size has been developed with a two-story residential structure at the rear and a two-story commercial building at the front, illustrating the site's redevelopment potential.
With tall perimeter fencing and large entry gates, the site is well-suited for businesses needing a secure yard—ideal for contractor staging, fleet or van parking, tool/material storage, service-based operations, or other owner-user/investor concepts.
Enjoy excellent visibility along the high-traffic Lankershim Boulevard corridor. This is a compelling opportunity for contractors, developers, or investors seeking strong long-term rental income potential.
High-traffic location on Lankershim Blvd with excellent street frontage/540 sq. ft. building – perfect for retail, office, or boutique business use/Lot size: 3,062 sq. ft. with potential for creative redevelopment (check zoning)/Convenient on-site and nearby street parking/Close proximity to freeways, residential neighborhoods, and local businesses/Surrounded by a vibrant mix of shops, restaurants, and entertainment options
Perfect for an owner-user to establish their own storefront or office. Strong income potential for investors seeking long-term rental opportunities. With zoning flexibility, property may offer future redevelopment possibilities. Located just minutes from the NoHo Arts District, North Hollywood Metro Station, and Burbank Airport, this property is positioned in one of the most desirable and growing submarkets of Los Angeles. Whether you're looking to launch a new business, expand your portfolio, or secure a prime location for future redevelopment, 7230 Lankershim Blvd is a smart choice.
Zoned C-2, the property allows for a wide range of commercial uses. A neighboring parcel with an identical lot size has been developed with a two-story residential structure at the rear and a two-story commercial building at the front, illustrating the site's redevelopment potential.
With tall perimeter fencing and large entry gates, the site is well-suited for businesses needing a secure yard—ideal for contractor staging, fleet or van parking, tool/material storage, service-based operations, or other owner-user/investor concepts.
Enjoy excellent visibility along the high-traffic Lankershim Boulevard corridor. This is a compelling opportunity for contractors, developers, or investors seeking strong long-term rental income potential.
High-traffic location on Lankershim Blvd with excellent street frontage/540 sq. ft. building – perfect for retail, office, or boutique business use/Lot size: 3,062 sq. ft. with potential for creative redevelopment (check zoning)/Convenient on-site and nearby street parking/Close proximity to freeways, residential neighborhoods, and local businesses/Surrounded by a vibrant mix of shops, restaurants, and entertainment options
Perfect for an owner-user to establish their own storefront or office. Strong income potential for investors seeking long-term rental opportunities. With zoning flexibility, property may offer future redevelopment possibilities. Located just minutes from the NoHo Arts District, North Hollywood Metro Station, and Burbank Airport, this property is positioned in one of the most desirable and growing submarkets of Los Angeles. Whether you're looking to launch a new business, expand your portfolio, or secure a prime location for future redevelopment, 7230 Lankershim Blvd is a smart choice.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Fence Average Condition
Utilities Available Sewer Connected
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 2316030043
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Edward Frish Century 21 Hollywood efrish@c21edva.com