Investment Overview

Marcus & Millichap is excited to present 3075 N California St, a single-tenant industrial property located in the highly sought-after Burbank submarket. The building offers 8,000 square feet of industrial warehouse space on the ground floor, along with approximately 1,000 SF of permitted mezzanine space at the front of the building. The property is situated on a 0.31-acre (13,451 SF) BUM2-zoned lot, which includes 9 parking spaces at the front and an additional 3,400 square feet of land at the southern end of the parcel. This presents an excellent opportunity for an owner-user to immediately occupy the entire property, as the current tenant is on a month-to-month lease. Additionally, a value-add investor can step in and quickly raise rents to market rates. The building features an interior clear height of 12-14 feet, ample power, and 3 loading doors—two accessible from California St and one on the south side of the building. With 100 feet of frontage along California St, these features make the property a great fit for future success. Located just about 1 mile from the Vanowen entrance to Hollywood Burbank Airport, which served over 6 million passengers last year, the property is also just 0.2 miles from the 5 Freeway, a major thoroughfare with nearly 200,000 daily travelers. With 462,056 residents living within a 5-mile radius and an average household income of $106,771, this location provides an ideal setting for a thriving business in a property with strong potential for future appreciation.