Listing provided courtesy of Nick Nekoo of Prestige Beverly Hills. Last updated 2026-09-26 08:39:53.000000. Listing information © 2026 Sandicor.
Asking Price: $1,115,000 |
11482 Burbank, North Hollywood CA 91601
Community: NHO - North Hollywood
This Mixed Use property was built in 2014 and is priced at $1,115,000. Please see the additional details below.
Absolute NNN with actual 5% CAP and 23-unit mixed-use redevelopment potential. Freestanding restaurant building on a high-traffic stretch of Burbank Blvd in North Hollywood. 100% leased under an absolute triple-net (NNN) lease through 12/31/2029 with a 60-month renewal option. Contractual rent growth is locked in via a Fixed Rental Adjustment schedule. Building constructed in 2014. LAC4 zoning with confirmed Transit Oriented Communities (TOC) Tier 3 status and no minimum parking requirement under state law (AB 2097). Approximately 0.5 miles to the North Hollywood Metro Station (B/Red Line + G/Orange Line). This is a living trust sale -- no court confirmation required. The adjacent parcel at 11486 Burbank Blvd is separately available; combined, the two contiguous parcels support up to 23 mixed-use units across 6 stories under confirmed TOC Tier 3 zoning.
