7230 Lankershim, North Hollywood, CA 91605

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Sold Price
$538,000
List Price
$599,000
Closing Date
Jul 21, 2026
Status
CLOSED
MLS#
SR26038588
Year Built
1963
Lot Size
3,186
Acres
0.07
Lot Location
0-1 Unit/Acre
Days on Market
102
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Welcome to a rare opportunity to own a versatile commercial property in the heart of North Hollywood. Situated on a 3,000+ sq. ft. lot, the property features approximately 540 sq. ft. of existing retail/office space and offers significant potential for creative redevelopment. Zoned C-2, the property allows for a wide range of commercial uses. A neighboring parcel with an identical lot size has been developed with a two-story residential structure at the rear and a two-story commercial building at the front, illustrating the site’s redevelopment potential. With tall perimeter fencing and large entry gates, the site is well suited for businesses needing a secure yard—ideal for contractor staging, fleet or van parking, tool/material storage, service based operations, or other owner-user/investor concepts. Enjoy excellent visibility along the high-traffic Lankershim Boulevard corridor. This is a compelling opportunity for contractors, developers, or investors seeking strong long-term rental income potential. High-traffic location on Lankershim Blvd with excellent street frontage/540 sq. ft. building – perfect for retail, office, or boutique business use/Lot size: 3,062 sq. ft. with potential for creative redevelopment (check zoning)/Convenient on-site and nearby street parking/Close proximity to freeways, residential neighborhoods, and local businesses/Surrounded by a vibrant mix of shops, restaurants, and entertainment options Perfect for an owner-user to establish their own storefront or office. Strong income potential for investors seeking long-term rental opportunities. With zoning flexibility, property may offer future redevelopment possibilities. Located just minutes from the NoHo Arts District, North Hollywood Metro Station, and Burbank Airport, this property is positioned in one of the most desirable and growing submarkets of Los Angeles. Whether you’re looking to launch a new business, expand your portfolio, or secure a prime location for future redevelopment, 7230 Lankershim Blvd is a smart choice.

Additional Information

Exterior Construction
Wood Siding
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Edward Frish (efrish@c21edva.com) from Listing Office: Century 21 Hollywood.

Listing sold by Ritika Malhotra from Brad Korb Real Estate Group

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.