A mixed-use property located at 5318 Laurel Canyon Boulevard in North Hollywood sold for $2,400,000. The asset spans 5,775 square feet, resulting in a price per square foot of $415.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,400,000
• Buyer: Eric Pogosyan & Valter Malkasyan
• Seller: Nico Landinez
• Broker: Matthew Luchs - Zacuto Group
• SF: 5,775
• PPSF: $415
• Sale Date: 12/24/2025
• Notes: Sold $50,000 above List Price; Sold to an Owner-User Buyer to use for their Law Office; Generated Multiple Offers within 1 day of starting our Marketing Campaign; 21-Day Due Diligence; 45-Day Closing; No Financing Contingency; Overcame Multiple Escrow Hurdles; Marketing efforts generated 22,357 buyer views within a day of marketing.

The deal involved Eric Pogosyan and Valter Malkasyan as buyers, while Nico Landinez was the seller. Matthew Luchs from Zacuto Group represented the seller in this transaction.