contect:6576665000 wechat:chuanqit 🏢 Commercial Investment | NoHo/Valley Village | 3 Addresses • LAC2 Zoning • 2% Assumable Loan Auto Shop + Bar + Offices • High Traffic • 5,356 Sq Ft • Fire Damage Opportunity Welcome to a prime commercial property in the bustling North Hollywood/Valley Village area! This LAC2-zoned asset features three separate addresses: an auto repair shop (rented), a bar (rented), and fire-damaged offices — perfect for investors or developers seeking high exposure, assumable financing, and value-add potential. 📊 Property Breakdown • 11717 Victory Blvd: Automotive repair shop — active lease, steady income • 11719 Victory Blvd: Bar — active lease, high-traffic location • 11717 1/2 Victory Blvd: Administrative offices — fire-damaged, ideal for redevelopment or repurposing • Total constructed area: 5,356 sq ft across three structures • LAC2 zoning — allows for commercial, retail, mixed-use, or potential residential (verify with LA City) • Assumable loan at 2% — rare low-rate financing opportunity • Seller flexible on terms — creative deals possible 🚗 Location & Exposure • High-traffic corridor on Victory Blvd — maximum visibility for retail or services • Near Metro Orange Line, 170 freeway, and studios — access for customers and employees • Growing NoHo/Valley Village area — rising property values and demand • Close to dining, entertainment, and residential hubs — built-in customer base 💡 Investment Potential • Collect rental income from auto shop and bar while redeveloping the offices • Repurpose fire-damaged offices into new retail, creative space, or mixed-use (e.g., café, gym, offices) • Explore residential conversion (check LAC2 zoning flexibility) — housing demand is high • Hold and appreciate — area is rapidly developing with new projects ⚠️ Due Diligence Recommended • Assess fire damage — structural integrity, repair costs, and rebuild timeline • Review leases — terms, rates, and tenant stability • Verify zoning — allowable uses, density, and development potential • Inspect assumable loan — terms, balance, and transfer process 🎯 Perfect For • Investors seeking cash flow with value-add upside • Developers ready to reposition a prime commercial asset • Entrepreneurs wanting a high-visibility location for their business 📅 Don’t Wait — Schedule a Tour Today! This unique commercial opportunity won’t last — bring your architect and business plan.