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$75,000
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Property Description
*HUGE PRICE REDUCTION * Rolie's Fast Food and Dine in Restaurant. Prime North Hollywood location in the busy intersection of Tujunga, Lankershim and Burbank Boulevards. Makes this an excellent opportunity to acquire a this fully equipped, fully operational restaurant in a perfectly positioned high traffic location.
Restaurant offers plenty of indoor seating and a nice sized patio area for outdoor dining or can be used for large parties. Plenty of parking and two entrances. Sale includes all dining room furnishings, fixtures, fully equipment commercial kitchen, walk in cooler refrigerator, freezer, hood, prep equipment, smallwares. Owner recently put in $40,000 in upgrades. Turnkey operation ready for buyer to take over and start income producing on day one.
Full Property Details
Full Property Details for 5568 Lankershim Blvd
General
- Price: $75,000
- Status: Active
- Type: Business
- Source: MRMLS
- MLS ID: CV26127840
- Updated: 8/7/2026
- Days on Market: 102 days
- Added to Site: 103 day(s) ago
Business
- Name: Rolie's
- Business Type: Restaurant
- Year Established: 2026
Location
- County: Los Angeles
- Building Name: Rolie's Fast Food
- Driving Directions: Off Burbank BLvd and Tujunga Blvd
Structural Information
- Building Size: 1938
- Square Feet: 1,938
- Year Built: 1967
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1925
- Useable Acres: .1925
- Lot Size (Sq. Ft.): 8,387
- Lot Size Source: Public Records
Financial Considerations
- Price Per Sq. Ft.: $38
Disclosures and Reports
- Property ID: 2350008011
Listed by South Pointe Properties, SallyDeAnda
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Schools
Schools serving 5568 Lankershim Blvd
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lankershim Elementary School, Los Angeles, CA 5250 Bakman Ave., Los Angeles, CA 91601 | K-5 | 0.4 mi |
Walter Reed Middle School 4525 Irvine Ave., Los Angeles, CA 91602 | 6-8 | 1.4 mi |
East Valley Senior High School 5525 Vineland Ave., Los Angeles, CA 91601 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5568 Lankershim Blvd
Date
Details
Price
Change
Source
7/24/2026
Price Reduced
$75,000
-21.05%
MLS
7/03/2026
Price Reduced
$95,000
-13.64%
MLS
6/18/2026
Price Reduced
$110,000
-12%
MLS
6/10/2026
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5568 Lankershim Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,554
—
$237,327
2%
2025
$3,554
104%
$232,674
2%
2024
$1,745
-49%
$228,113
2%
2023
$3,428
5%
$223,641
2%
2022
$3,279
2%
$219,257
2%
2021
$3,228
-1%
$214,958
1%
2020
$3,248
4%
$212,755
2%
2019
$3,138
7%
$208,585
2%
2018
$2,927
2%
$204,496
2%
2017
$2,864
3%
$200,487
2%
2016
$2,783
1%
$196,556
2%
2015
$2,746
-1%
$193,605
2%
2014
$2,762
—
$189,814
—
2013
$2,760
—
$188,958
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5568 Lankershim Blvd
5568 Lankershim Boulevard, North Hollywood, CA 91601 (MLS# CV26127840) is a Business property. 5568 Lankershim Boulevard is currently listed for $75,000 and was received on June 10, 2026. Want to learn more about 5568 Lankershim Boulevard? Do you have questions about finding other Business real estate for sale in North Hollywood? You can browse all North Hollywood real estate or contact a Coldwell Banker agent to request more information.

