Commercial Land - For Sale
11120 Burbank Boulevard Los Angeles, CA 91601
Details & Description
Price: $2,150,000
  • Property Type Land for Sale : Apartment Land
  • Lot Size Acres 0.237
  • Land Sq Ft 10,323
  • Land Price per Sq Ft $208.27
Priced reduced by $50,000! In Opportunity Zone. We are pleased to present for sale a unentitled development site in the thriving, densely populated North Hollywood neighborhood. The subject is located on the corner of Burbank Blvd. and Fulcher Ave. and has two addresses at 11120 Burbank Blvd. and 5553 Fulcher Ave. Develop ± 15 units as multifamily project. (buyer to confirm) The site is zoned C2-1 on ± 10,342 square foot corner lot. Currently operates as 6 units and 8 offices in a mixed-use building with gross income of $132,999. North Hollywood has undergone a huge boom in development within the past few years. Multiple development projects are underway, including The Carlyle Group's 329-unit, The Weddington, Hayes Capital Management's 297-unit Lankershim & Otsego and the ambitious NoHo West project. See rent comparables range for new construction: 1 Bed-1 Bath rents range of $2,115 - $3,040; 2 Bed-2 Bath rents range of $2,600 - $3,700. The submarket's desirable location is near the center of the metro and within a reasonable commuting distance of several of LA 's premiere employment centers including Downtown Los Angeles, Hollywood, Woodland Hills and Beverly Hills.
Listing Agents
Anie Mayelian

O: 818-915-9118
anie@mayeliangroup.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

11120 Burbank Boulevard

Los Angeles, CA 91601

Listing ID: 270556
$2,150,000
For Sale
  • Property Type Land for Sale : Apartment Land
  • Lot Size Acres 0.237
  • Land Sq Ft 10,323
  • Land Price per Sq Ft $208.27
11120 Burbank Boulevard Los Angeles, CA 91601 | for Sale | Photo 1
Description

Priced reduced by $50,000! In Opportunity Zone. We are pleased to present for sale a unentitled development site in the thriving, densely populated North Hollywood neighborhood. The subject is located on the corner of Burbank Blvd. and Fulcher Ave. and has two addresses at 11120 Burbank Blvd. and 5553 Fulcher Ave. Develop ± 15 units as multifamily project. (buyer to confirm) The site is zoned C2-1 on ± 10,342 square foot corner lot. Currently operates as 6 units and 8 offices in a mixed-use building with gross income of $132,999. North Hollywood has undergone a huge boom in development within the past few years. Multiple development projects are underway, including The Carlyle Group's 329-unit, The Weddington, Hayes Capital Management's 297-unit Lankershim & Otsego and the ambitious NoHo West project. See rent comparables range for new construction: 1 Bed-1 Bath rents range of $2,115 - $3,040; 2 Bed-2 Bath rents range of $2,600 - $3,700. The submarket's desirable location is near the center of the metro and within a reasonable commuting distance of several of LA 's premiere employment centers including Downtown Los Angeles, Hollywood, Woodland Hills and Beverly Hills.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Los Angeles History of Commercial Land for Sale

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Los Angeles Area Market Trends

Listing Demographics for 11120 Burbank Boulevard Los Angeles, CA 91601

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population44,490265,536567,403
Population Median Age373939
Population by Age0-9 Yrs3697 (8%)26944 (10%)59414 (10%)
10-19 Yrs3136 (7%)25205 (9%)57356 (10%)
20-29 Yrs10341 (23%)45992 (17%)90709 (15%)
30-39 Yrs9878 (22%)46443 (17%)95987 (16%)
40-49 Yrs5732 (12%)38090 (14%)80400 (14%)
50-59 Yrs5114 (11%)34421 (12%)76678 (13%)
60-69 Yrs3514 (7%)26080 (9%)56690 (9%)
70+ Yrs3077 (6%)22361 (8%)50170 (8%)
Median HH Income$52,925$67,967$68,430
Total Household Income< 24K4740 (24%)21362 (20%)42759 (19%)
25-49K4462 (23%)19747 (18%)40640 (18%)
50-74K3513 (18%)16461 (15%)34404 (15%)
75-99K2203 (11%)13287 (12%)26319 (12%)
100-199K3367 (17%)24149 (22%)48335 (22%)
200K+1014 (5%)11420 (10%)26095 (11%)
Highest Education LevelNo Diploma50292818263752
Diploma or GED59233193472938
Some College71364042881805
Assoc. Degree32481631932887
Bachelors Degree975956242112830
Higher Degree28932278550281
Total Housing Units21,166113,658234,814
--Owner-Occupied3,55937,15482,796
--Renter-Occupied15,74169,271135,756
Owner-Occupied Values< 100K264021112
100-199K20217722
200-299K1429241882
300-399K29524665536
400-499K562467010720
500K+25142847562824
Total Working Age Population38,775223,189473,376
In Work Force27,396154,851325,750
Not In Work Force11,37968,338147,625
Workforce Employed25,933145,209304,732
Workforce Unemployed1,4299,56920,830
Civlian Workforce27,362154,778325,562
Military Workforce3472188
Total Households19,300106,425218,552
Family Households8,53257,370125,596
Non-Family Households10,76749,05592,956
Married Couple5,41739,59787,989
Other Family3,11617,77237,607
Married w/Child2,11416,24236,563
Single Male w/Child3241,9234,067
Single Female w/Child8675,52910,986

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
California33,871,648+1037,253,956+940,467,295+843,631,295
Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Closest Commercial Airports
Airport Distance (mi)
Los Angeles International Airport (LAX) 16
John Wayne Airport-Orange County Airport (SNA) 45
Ontario International Airport (ONT) 45
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