5551 Lankershim, North Hollywood, CA 91601 - 320002255 - iPro Real Estate

For Sale

$995,000 $165.42 per sqft

Free Professional CMA

Listing ID : 320002255

  • Lot Size

    6,015 Sqft

Description

5551 Lankershim Blvd. is located in the NOHO Arts District at one of the most readily accessible corners in the area. At an high traffic location (approximately 30,000 cars per day,) the property has an extraordinary visibility. This visibility and prominence is further enhanced With frontages of over 230 linear feet on Lankershim Blvd. and Tujunga Ave. The location has a walk score of 84, and benefits from close proximity to Metro Red and Orange lines (1 minute drive time and approximately 6 minutes walk time.) NOHO Arts District is known for a one-stop-shop destination for entertainment. Home to many small theaters, artist colonies, restaurants and bars, this vibrant urban community has become a destination for Millennials and Seniors alike. According to Wikipedia, currently the NoHo Arts District, in conjunction with the Community Redevelopment Agency-Los Angeles, is working on beautification efforts to make the area more appealing to businesses. The current focus is primarily on revamping store fronts on Lankershim Blvd and Magnolia Blvd with Burbank Blvd to follow.

Details

Type: Land Sale 
County: Los Angeles 
Tax ID: 2350008027
Property Type: Land Sale 
Sub Type: Unimproved Land 
Zoning: LAC2 

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34.17136 -118.378769 $995,000 320002255
5551 Lankershim, North Hollywood, CA 91601
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Listed by Greg Astorian with Re/Max Tri-City Realty