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10504 Victory Blvd
North Hollywood, CA 91606

$1,600,000 USD

Freestanding For Sale  •  1,722 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 1,722 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 4.50 %
  • Tenancy Single
  • Zoning C2, Los Angeles
46 Transit Score
78 Walk Score

Highlights

NNN opportunity to own a standalone laundromat with a strong, long-term tenant lease and the potential for the business to be sold as a package deal.
Ideal corner location, offering prominent visibility and exposure encompassing 125 feet of frontage on Victory Boulevard and a dedicated turn lane.
Landmark property, shown in the famous TV show "The Wonder Years," has been renovated with new systems and upgrades.
Nearby major retailers, dining establishments, and entertainment options include Target, La Maria Restaurant, and Vallarta Supermarkets.
Modern, bright, clean, and safe laundry environment with vending machines, hassle-free on-site and street parking, and easy high-tech payment options.
Sought-after residential area, where over 194,365 households reside, and contribute to the $1.06 million in household spending.
Cap Rate: 4.50 %

Amenities

  • Dedicated Turn Lane
  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 3 min - 1.5 mi
Burbank Airport - North (Av Line) Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains) 4 min - 2.2 mi
AirportDriveWalkDistance
Bob Hope 5 min - 2.3 mi
Los Angeles International 37 min - 25.7 mi
Long Beach (Daugherty Field) 48 min - 34.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Kirk Cartozian 562-548-5397 Cartozian Associates Real Estate, Inc.
Kirk Cartozian 562-548-5397 Cartozian Associates Real Estate, Inc.