6501 Lankershim Blvd North Hollywood, CA 91606

$2,000,000 Sold Price as of 02/28/2020

-- Beds
-- Baths
7,516 Sq.Ft.

Off Market

$2,000,000 Sold Price as of 02/28/2020 Refinance Your Mortgage

Map preview of 6501 Lankershim Blvd, North Hollywood, CA 91606

Property Overview: 6501 Lankershim Blvd North Hollywood, CA has -- bedrooms, -- bathrooms, 7,516 living square feet and 12,568 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

6501 Lankershim Blvd is currently an off market home in the city of North Hollywood. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of North Hollywood has a median list price of $955,000. The median price per/sqft for North Hollywood is $610. With those numbers in mind, if you are looking to purchase a median priced home in North Hollywood, CA and put 20% down you will need to save up $191,000 for the down payment and will need roughly $19,100 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in North Hollywood the commission could be as much as $45,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 6501 Lankershim Blvd

Last sold for $2,000,000 on February 28th, 2020

September, 2021
Sep 23, 2021

Date

Canceled

CRMLS: SR21109676

--

Price
May 21, 2021

Date

Active

CRMLS: SR21109676

--

Price
Listing provided courtesy of CRMLS

Newly remodeled and fresh office space with brand new flooring, new paint, and recessed lighting throughout! Three separate large rooms are perfect for any business. A kitchenette and three restrooms will prove to make this an extremely comfortable and functional area for retail clients and/or office coworkers. A clean and bright space to continue your flourishing business or start the business you've been planning on!

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April, 2021
Apr 22, 2021

Date

Canceled

CRMLS: SR20252968

$2,999,000

Price
Dec 14, 2020

Date

Active

CRMLS: SR20252968

$2,999,000

Price
Listing provided courtesy of CRMLS

A rare North Hollywood development opportunity with an existing mixed-use retail building! Build up to 42 units in an up-and-coming area of North Hollywood and collect rent while working on plans! The existing mixed-use building has 4,000 SF of warehouse space along with 3 retail units. This property is also located in an Opportunity Zone as well a TOC zone! Truly a uniquely positioned development project with tremendous upside!

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February, 2020
Feb 28, 2020

Date

Sold (Public Records)

Public Records

$2,000,000

Price
October, 2019
Oct 26, 2019

Date

Expired

CRMLS: CV19031418

$2,488,000

Price
Feb 15, 2019

Date

Active

CRMLS: CV19031418

$2,488,000

Price
Listing provided courtesy of CRMLS

Excellent Commercial Investment Property!!! Located at the corner of Lankershim and Hamlin, these retail units are in the main thoroughfare of North Hollywood. Highly visible and very convenient location with easy freeway access. It is minutes away from Universal Studios, the upcoming NOHO Village Shopping Center, U.S. Post Office and other major restaurants and other businesses. Definitely a prime location! It is presently occupied by long term tenants with upside potentials for rent increases. Current emerging development in North Hollywood makes this property even more desirable. A Great Opportunity. Location! Location! Location!

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November, 2016
Nov 22, 2016

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 6501 Lankershim Blvd

Assessed Value (2020): $481,902

Year	Land Value	Improved Value	Assessed Value
2020	$260,216	$221,686	$481,902

About 6501 Lankershim Blvd

Detailed summary of property

6501 Lankershim Blvd is categorized with a use code of Restaurant in North Hollywood, CA 91606 and last sold on February 28, 2020 for $2,000,000. This property has -- bedrooms, -- bathrooms, roughly 7,516 living square feet, and sits on an approximately 12,568 square foot lot. Homes in North Hollywood are selling for a median price of $905,000 and a median price per square foot of $607. Based on Ardent Real Estate Group's North Hollywood Market Data, this home is sold 120.99% higher than the current median priced home. 6501 Lankershim Blvd was last sold on February 28, 2020 for $2,000,000. Local nearby listings include 3657 Regal Pl, 3657-1 Regal Pl #3657 and 3625 Fredonia Dr #10. The average home in North Hollywood, CA is selling in 90 days. There are currently 170 homes for sale in the North Hollywood real estate market and 133 of them are single family homes while 32 of them are condos and 5 are townhomes. If you are the homeowner and looking to sell the home at 6501 Lankershim Blvd North Hollywood, CA 91606 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 6501 Lankershim Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1935
Sq. Ft.: 7,516
Lot Size: 12,568
Stories: 1

Type: Restaurant
Pool: No
Spa: No
County: Los Angeles
Lot#: 2
APN: 2322-020-065

The source for these homes facts are from public records.

91606 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$949,000

Median List Price/Sq.Ft.

$570

Median Sold Price

$795,000

Median Sold Price/Sq.Ft.

$604

Total Inventory

Median Sale to List Price %

99.5%

Avg Days on Market

Loan Type

Conventional (38.46%), FHA (7.69%), VA (0%), Cash (7.69%), Other (15.38%)

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(714) 706-1823

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