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Office

10431-10435 Burbank Blvd

10431 Burbank Blvd, North Hollywood, CA 91601

Listing Price: $2,160,000

Cap Rate
3.80%
Gross SF
4,156
Rentable SF
4,156
Price/Gross SF
$519.73
Lot Size
0.12 acres
Year Built
1951

Investment Overview

Marcus & Millichap is pleased to present 10431–10435 Burbank Boulevard, a rare owner-user or value-add commercial opportunity located at the North Hollywood–Burbank border. The property consists of approximately 4,156 square feet of commercial improvements situated on a 5,251-square-foot C2-1VL-zoned parcel and is offered at $2,160,000, or $519.73 per square foot. This infill asset provides a buyer with multiple occupancy strategies and strong long-term positioning within a high demand corridor.

The building is configured as four separate units and is currently 100 percent occupied by three recording studio tenants, all on month-to-month leases. This flexible tenancy allows an owner-user to occupy all or a portion of the building immediately, while also enabling an investor to re-tenant, reposition, or operate the property as a multi-tenant commercial asset. The existing layout may accommodate a variety of office, retail, studio, and other commercial uses, subject to a buyer’s independent verification of zoning and permitting requirements.

The site offers approximately 50 feet of frontage along Burbank Boulevard with exposure to roughly 25,625 vehicles per day. Six on-site parking spaces, arranged in three tandem configurations, support practical access for tenants and customers. Together, the property’s frontage, traffic counts, parking, and multi-unit configuration enhance visibility, accessibility, and usability for a wide range of commercial occupants.

Investment Highlights

  • Owner-User or Value-Add Flexibility – Month-to-month tenancy allows a buyer to immediately occupy the property, re-tenant the building, or pursue a full repositioning strategy.
  • Four-Unit Configuration – Individually demised units allow an owner-user to occupy the entire building or utilize only a portion while collecting rental income from remaining tenants.
  • 100% Occupied – Three established recording studio tenants in place across all four units, providing in-place income from day one.
  • Adaptable Commercial Space – Existing improvements can support office, retail, studio, creative, or specialty commercial uses, offering versatility for future users.
  • C2-1VL Zoning – Broad commercial zoning supports a wide range of permitted uses and potential future reconfiguration.
  • Burbank Boulevard Frontage – ±50 feet of frontage provides strong visibility and signage potential along a major San Fernando Valley corridor.
  • On-Site Parking – Six dedicated parking spaces arranged in three tandem sets offer practical access for customers, clients, and staff.
  • High Daily Traffic Exposure – Approximately 25,625 vehicles pass the property each day, enhancing exposure for tenants and future users.

Exclusively Listed By

Financing By

Office

10431-10435 Burbank Blvd

Listing Price: $2,160,000

Cap Rate
3.80%
Gross SF
4,156
Rentable SF
4,156
Price/Gross SF
$519.73
Lot Size
0.12 acres
Year Built
1951

Investment Highlights

  • Owner-User or Value-Add Flexibility – Month-to-month tenancy allows a buyer to immediately occupy the property, re-tenant the building, or pursue a full repositioning strategy.
  • Four-Unit Configuration – Individually demised units allow an owner-user to occupy the entire building or utilize only a portion while collecting rental income from remaining tenants.
  • 100% Occupied – Three established recording studio tenants in place across all four units, providing in-place income from day one.
  • Adaptable Commercial Space – Existing improvements can support office, retail, studio, creative, or specialty commercial uses, offering versatility for future users.
  • C2-1VL Zoning – Broad commercial zoning supports a wide range of permitted uses and potential future reconfiguration.
  • Burbank Boulevard Frontage – ±50 feet of frontage provides strong visibility and signage potential along a major San Fernando Valley corridor.
  • On-Site Parking – Six dedicated parking spaces arranged in three tandem sets offer practical access for customers, clients, and staff.
  • High Daily Traffic Exposure – Approximately 25,625 vehicles pass the property each day, enhancing exposure for tenants and future users.

Investment Overview

Marcus & Millichap is pleased to present 10431–10435 Burbank Boulevard, a rare owner-user or value-add commercial opportunity located at the North Hollywood–Burbank border. The property consists of approximately 4,156 square feet of commercial improvements situated on a 5,251-square-foot C2-1VL-zoned parcel and is offered at $2,160,000, or $519.73 per square foot. This infill asset provides a buyer with multiple occupancy strategies and strong long-term positioning within a high demand corridor. The building is configured as four separate units and is currently 100 percent occupied by three recording studio tenants, all on month-to-month leases. This flexible tenancy allows an owner-user to occupy all or a portion of the building immediately, while also enabling an investor to re-tenant, reposition, or operate the property as a multi-tenant commercial asset. The existing layout may accommodate a variety of office, retail, studio, and other commercial uses, subject to a buyer’s independent verification of zoning and permitting requirements. The site offers approximately 50 feet of frontage along Burbank Boulevard with exposure to roughly 25,625 vehicles per day. Six on-site parking spaces, arranged in three tandem configurations, support practical access for tenants and customers. Together, the property’s frontage, traffic counts, parking, and multi-unit configuration enhance visibility, accessibility, and usability for a wide range of commercial occupants.

Exclusively Listed By

Financing By

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