858-525-5007

11482 Burbank, North Hollywood CA 91601 | $1,115,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Mixed Use
  • Stories: 1
  • Year Built: 2014
  • MLS#: SR26207014
  • Community: NHO - North Hollywood

Listing provided courtesy of Nick Nekoo of Prestige Beverly Hills. Last updated 2026-09-27 08:37:32.000000. Listing information © 2025 SANDICOR.

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.

More Details

1 Story
Business Type: Restaurant
Asset Class: Multi-Family
Asset Class: Specialty

David Piper​

Call or Text: 858-525-5007

DRE# 02021985