Los Angeles County  »  91601  »  Lankershim Blvd  »  5240 Lankershim Blvd

5240 North Lankershim Boulevard, North Hollywood, CA 91601 Property Information

5240 North Lankershim Boulevard, North Hollywood, CA 91601 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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5240 North Lankershim Boulevard, North Hollywood, CA 91601
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Address

Primary address 5240 North Lankershim Boulevard, North Hollywood
Alternate address(es) 5240 N Lankershim Blvd
Zip code 91601
County Los Angeles
Municipality Los Angeles
Neighborhood North Hollywood

Sales & Tax Overview for 5240 North Lankershim Boulevard, North Hollywood

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 03/05/2026
Sale price $6,500,000
Arm's length
Current property tax $200,797

Lot & Building Information for 5240 North Lankershim Boulevard, North Hollywood

Building sqft 32,809
Building class Movie Theater - Indoor - One Story (6100)
Acreage 0.68
Year built 2011
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Qualified opportunity zone
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 5240 North Lankershim Boulevard, North Hollywood

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About 5240 North Lankershim Boulevard, North Hollywood

What is the year built & the total sq. ft. for 5240 North Lankershim Boulevard, North Hollywood, CA 91601?

5240 North Lankershim Boulevard, North Hollywood, CA 91601 was built in 2011 and has a total of 32,809 square feet.

What is the assessed value of 5240 North Lankershim Boulevard, North Hollywood, CA 91601 and the property tax paid?

Assessed at $16,086,455, the tax amount paid for 5240 North Lankershim Boulevard, North Hollywood, CA 91601 is $191,010.

When was 5240 North Lankershim Boulevard, North Hollywood, CA 91601 last sold and what was the last sale price?

5240 North Lankershim Boulevard, North Hollywood, CA 91601 was last sold in 03/05/2026 for $6,500,000.

Ownership Information

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Spaces for Lease in 5240 North Lankershim Boulevard, North Hollywood

No photo available
5240 Lankershim Boulevard
Listing type For Lease
Listing date 05/04/2026
Last updated 05/04/2026

Office building at 5240 Lankershim Blvd in North Hollywood adjacent to the Television Theater and Chipotle, offering nearby parking in an adjacent lot.OFFICE SPACE FOR LEASE

View Listing

Brokers

Stacy Vierheilig-Fraser
Spaces
Suite name Space type Lease rate Available space Brokers
201 Unassigned $27/Sqft/Year 2,615 Stacy Vierheilig-Fraser
210 Office $27/Sqft/Year 1,590 Stacy Vierheilig-Fraser
Active Listings For This Property:
For Lease No photo available
5240 Lankershim Boulevard
5240 North Lankershim Boulevard, North Hollywood
Property General Office
Availability 2 Spaces listed / 4205 Sqft
Price $27/Sqft/Year
Real Estate Reports:
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
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Past Sales & Property History for 5240 North Lankershim Boulevard, North Hollywood

Create a free account to view the complete sales history for 5240 North Lankershim Boulevard, North Hollywood, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
03/05/2026 $6,500,000
05/24/2021 $9,500,000
       
       
       
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Title Documents for 5240 North Lankershim Boulevard, North Hollywood

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
03/05/2026 Grant Deed
04/17/2024 Assignment Financing Statement
Assignment of Rents
Assignment Trust Deed
04/17/2024 Release
04/12/2024 Assignment Trust Deed
04/02/2024 Assignment Financing Statement
Assignment of Lease
Assignment of Rents
Assignment Trust Deed
03/04/2024 Agreement
Subordination
03/04/2024 Agreement
Subordination
03/04/2024 Assignment of Rents
Financing Statement
Trust Deed
01/11/2023 Easement Quitclaim Deed
07/07/2021 Reconveyance
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R: Recorded date
D: Document date

Property Taxes for 5240 North Lankershim Boulevard, North Hollywood

Access detailed property tax data for 5240 North Lankershim Boulevard, North Hollywood, CA 91601. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $191,011
Current property tax $200,797
Market value $16,086,455

Special Assessments And Penalties for 5240 North Lankershim Boulevard, North Hollywood

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
06181 Greater L.A. County Vector Control District
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 5240 North Lankershim Boulevard, North Hollywood

Here's the assessment & property tax history for 5240 North Lankershim Boulevard, North Hollywood, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $16,086,455 1.1874 $191,011 +0.95%
2024-2025 $15,771,035 1.1997 $189,205 +2.03%
2023-2024 $15,461,800 1.1994 $185,449 -5.65%
2022-2023 $16,864,884 1.1655 $196,560 +69.68%
2021-2022 $9,857,084 1.1752 $115,840 -1.06%

Permits for 5240 North Lankershim Boulevard, North Hollywood

The complete history of permits filed for 5240 North Lankershim Boulevard, North Hollywood, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
04/16/2013
04/10/2013
10/26/2012
11/14/2011
             
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles County.

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Demographics by Zip Code

Total population 36,992
Median age 34.2
Average household income $102,736
Family households 36.1%
Occupied housing units 19,122
Owner occupied units 16.8%
Average number of people per household 1.92
Median year structure built 1979
Median value for units with a mortgage $976,000
Median value for units without a mortgage $1,060,400

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

Access the detailed traffic volume map for 5240 North Lankershim Boulevard, North Hollywood to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 5240 North Lankershim Boulevard, North Hollywood

Here are the neighbors for 5240 North Lankershim Boulevard, North Hollywood.

Address Square feet Purchase date Purchase price
4530 Atoll Ave, Sherman Oaks 3,253 10/22/2010
6284 Van Noord Ave, Van Nuys 2,115 07/17/2020 $985,000
13224 Rose Angel Ln, Van Nuys 1,971 10/13/2020
5230 Lankershim Blvd, North Hollywood 1,109 07/22/2015 $705,000
5151 Bellaire Ave, Valley Village 4,185 04/09/2025
11144 W Weddington, North Hollywood 08/26/2021 $92,000,000
13218 Rose Angel Ln, Van Nuys 1,971 06/20/2019
13219 Rose Angel Ln, Van Nuys 1,971 11/15/2019
11332 Saticoy St, Sun Valley 13,410 05/12/2015 $2,250,000
12000 Riverside Dr, Valley Village 127,218 12/09/2016 $67,000,000
5155 N Bellaire Ave, Valley Village 4,334 02/20/2019 $2,075,000
4534 Atoll Ave, Sherman Oaks 3,636 09/30/2025
4439 Bellingham Ave, Studio City 2,769 08/04/2017
13225 Rose Angel Ln, Van Nuys 1,971 05/14/2013 $400,000
5250 N Lankershim Blvd, North Hollywood 201,944 08/26/2021 $92,000,000
16788 W Oak View Dr, Encino 5,514 05/29/2014 $700,000
11505 Huston St, North Hollywood 1,528 01/27/2011 $630,006
13002 Riverside Dr, Sherman Oaks 20,106 09/14/2018 $11,000,000
11115 Hartsook St, North Hollywood 24,789 08/06/2009

Nearby ZIP Codes for 5240 North Lankershim Boulevard, North Hollywood

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