Property Details


Price / SqFt: $141
Lot Size SqFt: +/-27,914

Executive Summary


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  • The Neema Group of Marcus and Millichap is proud to present 7551 Laurel Canyon Blvd, a +/-27,914 SF parcel in a prime North Hollywood location
  • Located on Laurel Canyon Blvd, just south of Saticoy St between Lankershim and California Route 170 with 100 feet of street frontage
  • This is a unique opportunity to acquire a highly visible location on the main thoroughfare of Laurel Canyon Blvd with easy access to the Hollywood FWY (170) and Interstate 5 FWY
  • Current use is a single-family home on a month-to-month lease
  • Central location between Burbank, Van Nuys and Sun Valley that provides quick access to nearby Burbank Hollywood Airport, Noho West, Glendale, Downtown LA & Kaiser Permanente Panorama City
  • A very walkable neighborhood with an average daily traffic count of 23,570
  • Located only one block from Korenstein Elementary, just off Saticoy St and Ben Ave

Area Overview

NORTH HOLLYWOOD

Once a gritty suburb, North Hollywood or NoHo to locals has transformed into the Valley’s go-to cultural hub over the last decade with an influx of dance studios, art galleries and acting workshops. It is a hip, gritty, diverse neighborhood in the San Fernando Valley. Once a rundown part of the city, NoHo has enjoyed a renaissance in the past several years. Today you’ll find cool restaurants and bars, theaters and comedy joints, and unique stores. The “NoHo Arts District” alone has twenty theaters, dance studios, and art galleries. 

Housing-wise there are a bunch of big apartment complexes and more residential streets with single-family bungalows. A metro rail stop makes it convenient to get to Downtown Los Angeles. 

North Hollywood is bordered on the north by Sun Valley, on the east by Burbank, on the south by Toluca Lake and Studio City, and on the west by Valley Village and Valley Glen. 

What is especially great about NoHo, and unusual for the region, is that it is accessible on foot, low-key and unhurried. Stroll along the main drag to visit vintage boutiques and mingle with local artists and actors at outdoor cafés. Or, after a play, walk to dinner at restaurants such as The Federal Bar, a gastropub housed in a 1920s-era bank. Along the street, a more casual option is Vicious Dogs, which offers creative takes on hot dogs. 

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