Commercial Land
11120 Burbank Boulevard Los Angeles, CA 91601
Details & Description
Price: $2,150,000
    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
    11120 Burbank Boulevard Los Angeles, CA 91601 | for Sale | Photo 1
    Building Size: --
    Lot Size: 0.237 AC
    Land Size: 10,323 SF
    Building $/SF:
    Land $/SF: $208.27
    Price
    $2,150,000
    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:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 11120 Burbank Boulevard in Los Angeles?
    The asking price for 11120 Burbank Boulevard is $2,150,000
    How much land does the Los Angeles, CA property at 11120 Burbank Boulevard include?
    11120 Burbank Boulevard in Los Angeles includes 0.237 acres of land
    What kind of Land is the propery at 11120 Burbank Boulevard?
    The property at 11120 Burbank Boulevard Los Angeles, CA 91601 is listed as a Apartment Land Land property
    What is the population within 1 mile of 11120 Burbank Boulevard in Los Angeles?
    The population within 1 mile of 11120 Burbank Boulevard Los Angeles, CA 91601 is 44,490 people.
    Who do I contact for questions about 11120 Burbank Boulevard?
    You should contact the listing agent, Anie Mayelian, for any details regarding this commercial listing.

    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
    Price
    $2,150,000
    Listing Agent
    More listings from Anie Mayelian
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