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7551 Laurel Canyon Blvd - 7551 Laurel Canyon Blvd

0.64 Acres of Commercial Land Offered at £2,781,036 in North Hollywood, CA 91605

INVESTMENT HIGHLIGHTS

  • +/- 27,914 SF Parcel in North Hollywood - Over 100 Feet of Frontage on Laurel Canyon Blvd
  • Easy Access to 170 Freeway and Hollywood/Burbank Airport
  • Unique Opportunity to Acquire a Significantly Sized Development Site
  • In-Place Income (Tenant and Billboard) - Both Month to Month

EXECUTIVE SUMMARY

IREA is pleased to present a prime San Fernando Valley development site zoned C2-1VL and P1 on heavily trafficked Laurel Canyon Blvd. The location features easy access to the 170 freeway and Hollywood/Burbank Airport, and is down the street from the brand new NOHO West mixed-use development. The significantly sized 27,914 SF site will allow a savvy developer to acquire a large footprint in an area with significant need for standard or low income units. The property has month-to-month income in place, which is an added bonus to offset expenses during the entitlement process. 7551 Laurel Canyon Blvd would be a fantastic addition to any opportunistic developers portfolio.

PROPERTY FACTS In Escrow

Price £2,781,036 Property Type Land
Sale Type Investment Property Subtype Commercial
Sale Condition Development Sale Proposed Use
Multifamily
  • Apartment Units
No. Lots 1 Total Lot Size 0.64 AC
Price £2,781,036
Sale Type Investment
Sale Condition Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.64 AC

1 LOT AVAILABLE

Lot

Price £2,781,036 Lot Size 0.64 AC
Price Per AC £4,339,828.64
Price £2,781,036
Price Per AC £4,339,828.64
Lot Size 0.64 AC

Features easy access to the 170 freeway and Hollywood/Burbank Airport.

DESCRIPTION

Land for commercial development.

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Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
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, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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PROPERTY TAXES

Parcel Number 2307-020-002 Improvements Assessment £144,445
Land Assessment £641,977 Total Assessment £786,421

PROPERTY TAXES

Parcel Number
2307-020-002
Land Assessment
£641,977
Improvements Assessment
£144,445
Total Assessment
£786,421

ZONING

Zoning Code C2-1VL and P-1 (Commercial)
C2-1VL and P-1 (Commercial)
(310) 328-5208

CONTACT

  • Listing ID: 28779253

  • Date on Market: 16/06/2023

  • Last Updated:

  • Address: 7551 Laurel Canyon Blvd, North Hollywood, CA 91605

The Land Property at 7551 Laurel Canyon Blvd, North Hollywood, CA 91605 is currently available for sale. Contact IREA, Inc. for more information.

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7551 Laurel Canyon Blvd - 7551 Laurel Canyon Blvd
(310) 328-5208 x

7551 Laurel Canyon Blvd - 7551 Laurel Canyon Blvd

Jonathan Krikorian

(310) 328-5208

(310) 328-5208

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