About the Listing SR8595008 - F207057973

We are proud to present a legal 4-unit mixed-use property per public records, currently configured as 6 units, located at 11311 Burbank Blvd in the NoHo Arts District of North Hollywood, CA. Built in 1940, this two-story property consists of approximately ±3,130 square feet on a ±7,351-square-foot lot and is zoned LAC2. The property includes a mix of one-bedroom residential units and a non-conforming commercial space currently configured as residential. The property is at an approximate 9.77 GRM. Amenities include on-site laundry facilities, assigned parking, and enclosed rear yards for select units. Per Seller, electrical panels have been upgraded. Select units feature updated interiors, vinyl windows, and lower-level units with private rear yards. Located in the NoHo Arts District, the property benefits from proximity to residential, retail, transit, and cultural amenities. Approximately ±23.8% projected rental upside may exist based on current rents. LAC2 zoning may allow for future expansion, redevelopment, or reconfiguration, subject to applicable approvals. Situated along Burbank Boulevard, the property offers visibility, accessibility, and access to nearby shopping, dining, and entertainment. The NoHo Arts District features a concentration of theaters, galleries, and performance venues, including destinations such as the El Portal Theatre, along with dining, shopping, and nightlife options along Lankershim Boulevard. The property is located near major transportation routes, including the North Hollywood Metro Station serving the B Line and G Line, as well as convenient access to the 101 and 134 freeways. Proximity to Burbank and Studio City provides access to employment centers, studios, and entertainment destinations. The surrounding area includes local parks and recreational amenities, such as the North Hollywood Recreation Center, along with a mix of residential, commercial, and creative office uses. Buyer to verify all information, including but not limited to legal unit count, financials, property condition, zoning, and development potential.

Listing Highlights