Warehouse
5342 Harmony Avenue
5342 Harmony Ave, Los Angeles, CA 91601
Listing Price: $4,000,000
Investment Overview
Marcus & Millichap is excited to offer an exclusive investment opportunity with significant redevelopment potential at 5342 Harmony Avenue, North Hollywood, California. This property, located in one of Los Angeles’ most desirable locales, encompasses 14,100 square feet of industrial space on a generous 35,284 square foot lot.
Property Features:
• Infrastructure: Two metal frame buildings, one dock high loading, two Drive-Ins 12’ x 16’, expansive outdoor storage, and high ceilings of approximately 18 feet.
• Power: Three Phase – 750+ AMPS (Buyer to Verify)
• Zoning: The site falls under Restricted Industrial Zoning (MR1) within a Tier 3 Transit Oriented Community (TOC), which potentially supports high-density residential redevelopment. For detailed zoning insights, please consult with the listing agent.
The property will be delivered vacant, affording the new owner the opportunity to either occupy, reposition, or redevelop the site to capitalize on its strategic zoning. For owner-users, financing through the Small Business Administration (SBA) could make ownership more financially viable than leasing, especially with the low-down payment requirements (10-15 percent) and the fiscal benefits of real estate ownership.
5342 Harmony Avenue
Investment Highlights
- Prime Location in One of Los Angeles' most Desirable Areas, Offering Proximity to Industrial and Residential Hubs.
- 14,100 Square Feet of Industrial Space on a 35,284 Square Foot Lot.
- Two Metal Frame Buildings with One Dock-High Loading Area, Two Drive-Ins, and High Ceilings of Approximately 18 Feet.
- Equipped with Three Phase – 750+ AMPS Power Supply (Buyer to Verify).
- Zoned Under Restricted Industrial Zoning (MR1) in a Tier 3 TOC, Potentially Allowing for High-Density Residential Redevelopment.
- Property will be Delivered Vacant, Offering Flexibility for Occupancy, Repositioning, or Redevelopment.
- Eligible for Small Business Administration (SBA) financing with low down payment options (10-15 Percent) and tax benefits.
- Surrounded by an Affluent Demographic, with an Average Household Income of $118,273 within a Five-Mile Radius, And Serving a Population Exceeding 560,000.
Exclusively Listed By
Listing Price: $4,000,000
Investment Highlights
- Prime Location in One of Los Angeles' most Desirable Areas, Offering Proximity to Industrial and Residential Hubs.
- 14,100 Square Feet of Industrial Space on a 35,284 Square Foot Lot.
- Two Metal Frame Buildings with One Dock-High Loading Area, Two Drive-Ins, and High Ceilings of Approximately 18 Feet.
- Equipped with Three Phase – 750+ AMPS Power Supply (Buyer to Verify).
- Zoned Under Restricted Industrial Zoning (MR1) in a Tier 3 TOC, Potentially Allowing for High-Density Residential Redevelopment.
- Property will be Delivered Vacant, Offering Flexibility for Occupancy, Repositioning, or Redevelopment.
- Eligible for Small Business Administration (SBA) financing with low down payment options (10-15 Percent) and tax benefits.
- Surrounded by an Affluent Demographic, with an Average Household Income of $118,273 within a Five-Mile Radius, And Serving a Population Exceeding 560,000.
Investment Overview
Marcus & Millichap is excited to offer an exclusive investment opportunity with significant redevelopment potential at 5342 Harmony Avenue, North Hollywood, California. This property, located in one of Los Angeles’ most desirable locales, encompasses 14,100 square feet of industrial space on a generous 35,284 square foot lot. Property Features: • Infrastructure: Two metal frame buildings, one dock high loading, two Drive-Ins 12’ x 16’, expansive outdoor storage, and high ceilings of approximately 18 feet. • Power: Three Phase – 750+ AMPS (Buyer to Verify) • Zoning: The site falls under Restricted Industrial Zoning (MR1) within a Tier 3 Transit Oriented Community (TOC), which potentially supports high-density residential redevelopment. For detailed zoning insights, please consult with the listing agent. The property will be delivered vacant, affording the new owner the opportunity to either occupy, reposition, or redevelop the site to capitalize on its strategic zoning. For owner-users, financing through the Small Business Administration (SBA) could make ownership more financially viable than leasing, especially with the low-down payment requirements (10-15 percent) and the fiscal benefits of real estate ownership.
Exclusively Listed By
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