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5000 Vineland St

$4,250,000

Property Details

Executive Summary

  • Located in the Highly Sought-After NoHo Arts District
  • Significantly Sized Residential Development Opportunity
  • Walking Distance to the Metro Red Line
  • Easy Access to the Hollywood and Ventura Freeways
  • Central Valley Location Within 35 Minutes of Downtown Los Angeles
  • 24,000 Average Daily Traffic Count
  • ± 17,558 SF Gross Land Area; Corner Location TOC Tier 1
  • Prime NoHo Arts District Location APN: 2419-004-023
  • North Hollywood Redevelopment District Zoning: C4-1-CA
  • Located on Vineland Avenue Just West of Lankershim Boulevard
  • Between Magnolia Boulevard & Camarillo Street
  • Unique Opportunity to Acquire an Exceptional, Highly Visible
  • Location on the Main Thoroughfare of Vineland Avenue
  • Current Use: Automotive Tenant, Lease Until March 31, 2023,
  • Current Rent is $6,200/Month with a 3% Increase April 1, 2020
  • High Walk Score of 90; Near Kaiser Permanente, Retail, and Entertainment
  • Billboard: Month-to-Month, Current Rent is $400 Annually

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