Monday, August 11, 2008

Wanna buy a building?

4729 Lankershim Blvd., North Hollywood, CA As many know, we're in the process of rebuilding our soon-to-be new home.

Well, here's our old home, the one we're still in. And the new paint job is dry, the ratty old shrubs have been replaced with riverstone (thanks to board member Steve Zupkas's hard work), the For Sale signs have been posted.

And it's official: Our abode over the last twenty-eight years is on the block.

From the listing:

OFFICE FOR SALE

4729 Lankershim Boulevard North Hollywood, CA 91602

For further information please contact:

Stevenson Real Estate 1111 N. Brand Blvd., Suite 200 Glendale, CA 91202

Mike Tolj, (818) 956-7001 x 21 Mark Miller, (818) 956-7001 x 33

PROPERTY HIGHLIGHTS:

  • Purchase Price: $1,995,000

  • Building Square Footage: 6,355 approximately gross square feet

  • Lot size: 6,878 square feet (per Assessor)

  • Great business exposure

  • Within minutes of Ventura (134), Golden State (5) & Glendale (2) Freeways

  • Accessible to retail shops or nearby amenities

  • Built in 1961

  • Parking: 5 stalls

  • Neighbors: Universal Studios, NBC Studios, Academy of Television Arts & Sciences, NoHo Art District, and Valley Village.

The Property is located in North Hollywood which, like most of the rest of the San Fernando Valley, was once part of the vast landholdings of the Franciscan Mission San Fernando Rey de España, which were confiscated by the government during the Mexican period of rule. The Treaty of Cahuenga which ended the U.S.-Mexican fighting in California was signed at Tomás Feliz's adobe house at Campo de Cahuenga on Lankershim Boulevard in January of 1847.

North Hollywood has certainly come a long way since the late 1800s when the Southern Pacific Railroad opened a branch line from downtown Los Angeles to the Valley. In 1895, the Chatsworth Limited made one stop a day in Toluca, although that name was in conflict with a sign on the new station which read Lankershim. With the Post Office across the street called Toluca, controversy over the town’s name continued and the local ranchers used to quip, “Ship the merchandise to Lankershim, but bill it to Toluca.”

The area formerly known as Lankershim was subsequently renamed North Hollywood in an effort to capitalize on the glamour and proximity of Hollywood proper. North Hollywood today is extremely diverse, with Latino, including El Salvadoran-Americans and Honduran-Americans, Asian-American, including Thai-Americans and Filipino-Americans, Jewish, including Israeli-Americans, Jamaican-American, Middle Eastern, including Iranian-Americans, Eastern European, including Armenian Americans, and African-American populations.

North Hollywood's landscape has been transformed in recent years, with condominium towers (including a 15-story building on Lankershim Blvd) being built in the midst of older one-story bungalows and small apartment complexes. The community is being transformed from a relatively lower-middle class suburb into a regional center, in large part as a result of the construction of Metro Stations for the Red Line and the Orange Line, two lines that have made the city into a regional hub for the San Fernando Valley. Medium- and high-density developments are being built around the Metro Station, particularly in the NoHo Arts District, with the intent of creating a walkable urban village.

Here's the flyer (PDF format).

The line of eager buyers forms on the left. Certified checks and stacks of Swiss francs cheerfully accepted.

2 comments:

Jeff Massie said...

For the record, that last line was Hulett's addition.

I would be perfectly happy with Euros.

Anonymous said...

Thanks for all the hard work you do for us IATSE! You definitely deserve a new building!

Site Meter