Skip to main content

Single-Tenant Office

4729 Lankershim Blvd

4729 Lankershim Blvd, Los Angeles, CA 91602

Listing Price: $4,495,000

Gross SF
7,660
Rentable SF
7,660
Price/Gross SF
$586.81
Lot Size
0.16 acres
Year Built
1961

Investment Overview

Marcus & Millichap is pleased to present 4727-4729 Lankershim Blvd, a rare, two-story, creative office with live/work opportunity located in the heart of North Hollywood. The subject property is approximately 7,660-square-feet situated on a 0.16-acre, C2 zoned parcel. Originally built in 1961, the ground floor gave way to the Murphy Business School. The upstairs was the private residence of the Murphy Family. Famously, in 1966, the Murphys daughter was cast as young Tabitha Stephens on the TV sitcom Betwitched. Upon the Murphys sale of the property to the Animation Guild (IATSE 839), the walls of 4729 Lankershim then became the creative home to many of the industrys most notable animators.

In 2010, the building was sold to the current Owners and shortly after their acquisition, a complete, down to the studs, creative rebuild took place. Every finish and mechanical system throughout the building was replaced, and sixteen private offices were built-out to accompany the two-story building and its tenant. Additional amenities included a first floor conference room, kitchen/break area, lounge/client entertaining area, an indoor gym, and an executive private restroom with shower/steam room. Then, in 2017, the second floor was further renovated to include a second kitchenette, large private restroom, and a 727-square-foot outdoor covered patio (not included in the total building square-footage) which has also been waterproofed. In 2020, the Owners applied a 25-year protective coating to the roof that also assists in cooling the building. The rear of the property provides a secure and gated parking lot- with remote control access. Directly across Lankershim Blvd. and Vineland Avenue there is ample parking available with minimal restrictions (see pg. 22-23 of marketing package for details).

In addition to the major improvements made to the subject, the buildings certificate of occupancy has grandfathered the second floor in as single-family dwelling, designating it a perfect live/work situation. With the beautiful, exposed brick throughout, and ample natural light, 4727-4729 Lankershim Blvd would also be the perfect home for a multitude of businesses including, but certainly not limited to; general office, postproduction, editing, recording studio, accounting, legal, architectural, talent agency and many more. This property has been meticulously maintained over the last decade with pride of ownership, offering a just like new feeling.

The A+ location is within a block of the creative and vibrant NoHo Arts District, one street from the exclusive enclave of Toluca Lake, and only minutes from Burbanks entertainment district, Studio City and Hollywood. Convenient freeway access to the 134, 170, and 101 freeways makes this location ideal for getting to and from most anywhere in the San Fernando Valley and beyond.

Investment Highlights

  • Excellent Owner User Opportunity with Live/Work Option
  • Complete Interior Rebuild in 2011 and Second Floor in 2017
  • Gated and Secured Parking Lot at Rear of Building
  • Best in Class Standalone Creative Office Building
  • A+ Location in the Heart of North Hollywood

Exclusively Listed By

Financing By

Single-Tenant Office

4729 Lankershim Blvd

Listing Price: $4,495,000

Gross SF
7,660
Rentable SF
7,660
Price/Gross SF
$586.81
Lot Size
0.16 acres
Year Built
1961

Investment Highlights

  • Excellent Owner User Opportunity with Live/Work Option
  • Complete Interior Rebuild in 2011 and Second Floor in 2017
  • Gated and Secured Parking Lot at Rear of Building
  • Best in Class Standalone Creative Office Building
  • A+ Location in the Heart of North Hollywood

Investment Overview

Marcus & Millichap is pleased to present 4727-4729 Lankershim Blvd, a rare, two-story, creative office with live/work opportunity located in the heart of North Hollywood. The subject property is approximately 7,660-square-feet situated on a 0.16-acre, C2 zoned parcel. Originally built in 1961, the ground floor gave way to the Murphy Business School. The upstairs was the private residence of the Murphy Family. Famously, in 1966, the Murphys daughter was cast as young Tabitha Stephens on the TV sitcom Betwitched. Upon the Murphys sale of the property to the Animation Guild (IATSE 839), the walls of 4729 Lankershim then became the creative home to many of the industrys most notable animators.

In 2010, the building was sold to the current Owners and shortly after their acquisition, a complete, down to the studs, creative rebuild took place. Every finish and mechanical system throughout the building was replaced, and sixteen private offices were built-out to accompany the two-story building and its tenant. Additional amenities included a first floor conference room, kitchen/break area, lounge/client entertaining area, an indoor gym, and an executive private restroom with shower/steam room. Then, in 2017, the second floor was further renovated to include a second kitchenette, large private restroom, and a 727-square-foot outdoor covered patio (not included in the total building square-footage) which has also been waterproofed. In 2020, the Owners applied a 25-year protective coating to the roof that also assists in cooling the building. The rear of the property provides a secure and gated parking lot- with remote control access. Directly across Lankershim Blvd. and Vineland Avenue there is ample parking available with minimal restrictions (see pg. 22-23 of marketing package for details).

In addition to the major improvements made to the subject, the buildings certificate of occupancy has grandfathered the second floor in as single-family dwelling, designating it a perfect live/work situation. With the beautiful, exposed brick throughout, and ample natural light, 4727-4729 Lankershim Blvd would also be the perfect home for a multitude of businesses including, but certainly not limited to; general office, postproduction, editing, recording studio, accounting, legal, architectural, talent agency and many more. This property has been meticulously maintained over the last decade with pride of ownership, offering a just like new feeling.

The A+ location is within a block of the creative and vibrant NoHo Arts District, one street from the exclusive enclave of Toluca Lake, and only minutes from Burbanks entertainment district, Studio City and Hollywood. Convenient freeway access to the 134, 170, and 101 freeways makes this location ideal for getting to and from most anywhere in the San Fernando Valley and beyond.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower