1,125 sqft

$1,115,000

11482 Burbank Boulevard, North Hollywood CA, 91601

Price per sqft$991.11

Built in2014

Property size1,125 sqft

Property typeCommercial

Overview

Active

Listed Sep 22, 2026

Updated 3 weeks ago

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.

Additional information

MLS^® ID: SR26207014

Interior Features

Basement: No

Exterior Features

Lot Size: 0.06 Acres

Listed by Nick Nekoo, Prestige Beverly Hills, CA DRE 01337329

Listing Contact: 310-906-0055

Based on information from the CRISNet MLS as of 9/23/2026, 4:40 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.