5551 Lankershim Boulevard, North Hollywood, CA 91601

$995,000
List Price
$995,000
Days on Market
39
Status
ACTIVE
MLS#
320002255
Lot Size (Acres)
0.1381

Property 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.

Additional Information

Area
Nho - North Hollywood
Neighborhood
Not Applicable-Nho (Nanho)
View
None

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Re/Max Tri-City Realty, Greg Astorian - Agent DRE# 00967342

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.