Office
10431-10435 Burbank Blvd
10431 Burbank Blvd, North Hollywood, CA 91601
Listing Price: $2,160,000
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.
10431-10435 Burbank Blvd
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.
Listing Price: $2,160,000
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.
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