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Rare opportunity to acquire a freestanding commercial building in one of North Hollywood’s most desirable commercial corridors. Offered at $1,099,000 (approximately $338 per square foot), this 3,247 SF single-story property is built to the rear property line (zero lot line). Flexible C2-1 zoning suitable for office, creative, medical, or select retail uses, and can be delivered vacant. The property features three suites, including a fully equipped commercial kitchen, private offices, abundant storage, shared outdoor patio access, and five on-site parking spaces. Recent capital improvements include upgraded copper plumbing, HVAC ducting, and a new electrical panel. The building needs some TLC, which is reflected in the pricing and gives a buyer the opportunity to add value. The rear 671 SF suite is leased at $3.62/SF ($2,429/month) through January 1, 2028, with the option to deliver vacant. The two remaining suites are month-to-month, and all leases are gross. The property is well-suited for an owner-user or an investor seeking in-place income with repositioning upside in one of the Valley’s most active commercial corridors.
Listing agent: Arthur Ambarchyan DRE #01351863 Arthur@natprops.com, Listing office: Keller Williams R. E. Services
MLS data updated 10/31/2026, 5:02:00 PM PT
Source: CRMLS, MLS #: GD26221289
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 12, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,099,000Original asking price · Oct 12, 2026ZIP 91606 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.