$2,399,000
For Sale

10620 Magnolia Boulevard

North Hollywood, CA 91601
0.10 acres | #SR24209209
Listing OfficeRidge Realty
Browse 21 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

10618-10620 Magnolia Blvd is a fully remodeled retail / office property located in the heart of the NoHo Arts District. This unique opportunity presents the flexible option to purchase the two adjacent properties together for owner usage or using one and renting the other. To be delivered vacant.
This fully remodeled contemporary building includes two separate addresses and APNs for a total of 4,275 square feet on 4,510 square feet of land zoned C4-1-CA, offering a wide variety of commercial use potential.
10618 Magnolia Boulevard is comprised of 1,800 square feet of retail space currently used as a showroom.
10620 Magnolia Boulevard is comprised of 2,475 square feet of creative office space with a kitchen, conference room, four large offices, and two bathrooms.
The entire property was gutted by the current owners to the studs with all new framing, insulation, roof, electrical (including all new panel and subpanel). The property also comes with two brand new bathrooms, a new kitchen, two new HVAC units, three ceiling mount ductless AC units, all new custom glass partitions for four large office spaces, polished concrete floors, and a new garage door.
10618-10620 Magnolia Boulevard offers the rare opportunity for an owner user or investor to acquire a turnkey property with no expense spared in one of the most desirable neighborhoods in Los Angeles.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • CountyLos Angeles
      • Original List Price$2,399,000
      • MLS #SR24209209
      • MLS #SR24209209
      • Property TypePurchase
      • Cost2399000
      • Acres0.1035
      • Utility SourcePublic
      • Property SubtypeRetail
      • Year Built1948
      • Stories1

Location

Cristina Arneson-CabreraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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