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$625,000 Just Listed
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Property Description
Welcome to a rare opportunity to own a versatile commercial property in the heart of North Hollywood. Situated on a 3,000+
sq. ft. lot, the property features approximately 540 sq. ft. of existing retail/office space and offers significant potential for
creative redevelopment. Zoned C-2, the property allows for a wide range of commercial uses. A neighboring parcel with an
identical lot size has been developed with a two-story residential structure at the rear and a two-story commercial building at
the front, illustrating the site's redevelopment potential. With tall perimeter fencing and large entry gates, the site is well
suited for businesses needing a secure yard-ideal for contractor staging, fleet or van parking, tool/material storage, service
based operations, or other owner-user/investor concepts. Enjoy excellent visibility along the high-traffic Lankershim
Boulevard corridor. This is a compelling opportunity for contractors, developers, or investors seeking strong long-term rental
income potential. High-traffic location on Lankershim Blvd with excellent street frontage/540 sq. ft. building - perfect for
retail, office, or boutique business use/Lot size: 3,062 sq. ft. with potential for creative redevelopment (check
zoning)/Convenient on-site and nearby street parking/Close proximity to freeways, residential neighborhoods, and local
businesses/Surrounded by a vibrant mix of shops, restaurants, and entertainment options Perfect for an owner-user to
establish their own storefront or office. Strong income potential for investors seeking long-term rental opportunities. With
zoning flexibility, property may offer future redevelopment possibilities. Located just minutes from the NoHo Arts District,
North Hollywood Metro Station, and Burbank Airport, this property is positioned in one of the most desirable and growing
submarkets of Los Angeles. Whether you're looking to launch a new business, expand your portfolio, or secure a prime location
for future redevelopment, 7230 Lankershim Blvd is a smart choice.
Full Property Details
Full Property Details for 7230 Lankershim
General
- Price: $625,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: SR26038588
- Updated: 2/20/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Business
- Business Type: Auto Glass, Auto Parts, Auto Stereo/Alarm, Auto Tires
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Sherman Way and Lankershim Blvd
Structural Information
- # Buildings: 1
- Construction: Wood Siding
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 540
- Square Feet: 540
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.0731
- Useable Acres: .0731
- Lot Size (Sq. Ft.): 3,186
- Lot Size Source: Assessor
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $1,157
Disclosures and Reports
- Property ID: 2316030043
Listed by Century 21 Hollywood, EdwardFrish
Get Pre-Approved Today
Schools
Schools serving 7230 Lankershim
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Camellia Avenue Elementary School 7451 Camellia Ave., Los Angeles, CA 91605 | K-5 | 0.4 mi |
Sun Valley Engineering And Technology Magnet 7330 Bakman Ave., Los Angeles, CA 91352 | 6-8 | 0.6 mi |
North Hollywood Senior High School 5231 Colfax Ave., Los Angeles, CA 91601 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7230 Lankershim
Date
Details
Price
Change
Source
2/20/2026
Listed
$625,000
290.62%
MLS
2/14/2011
Sold
$160,000
—
Public Record
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 7230 Lankershim
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,638
3%
$204,975
2%
2024
$2,571
2%
$200,957
2%
2023
$2,523
5%
$197,018
2%
2022
$2,406
1%
$193,156
2%
2021
$2,376
-1%
$189,369
1%
2020
$2,398
4%
$187,428
2%
2019
$2,306
2%
$183,754
2%
2018
$2,263
2%
$180,152
2%
2017
$2,212
2%
$176,621
2%
2016
$2,160
1%
$173,159
2%
2015
$2,130
—
$170,559
2%
2014
$2,138
—
$167,219
—
2013
$2,138
—
$166,464
—
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 7230 Lankershim
7230 Lankershim, North Hollywood, CA 91605 (MLS# SR26038588) is a Commercial property. 7230 Lankershim is currently listed for $625,000 and was received on February 20, 2026. Want to learn more about 7230 Lankershim? Do you have questions about finding other Commercial real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

