For Sale
521 S Victory Boulevard, Burbank, CA 91502
  • $2,450,000
  • $743

Overview

Property ID: HZ9639218
  • Commercial Sale
  • Property Type
  • 1946
  • Year Built

Description

Welcome to this turnkey office building in the heart of Burbank. Conveniently located on Victory Blvd between Verdugo and Alameda, this beautiful space offers 3,296 SF with 10 parking spaces. The property consists of two units. 521 Victory is a large approximately 2210 square foot space that has 6 different private offices, 3 “phone booths” for privacy, a conference room, a huge common area space, two bathrooms including a shower, and a fully equipped kitchen with high speed internet and Wi-Fi built in. 525 Victory is approximately 1086 square feet, and has already been leased at over $3/SF, with yearly increases. Perfect opportunity for an owner-user who can take advantage of SBA financing. Easy access to the 5 and 134 freeway and proximity to the Hollywood Burbank Airport and train lines make this property ideal. Market rents would put this space at a GRM of approximately 15.35 and a 5.1 cap. Completely redone and perfect for a business that is looking to move in and get started, this is a unique opportunity to purchase a newly renovated building in an exciting corridor of Burbank.*Open house on Thursday, October 5th from 10am-1pm.

  • Address 521 S Victory Boulevard
  • City Burbank
  • State/county CA
  • Zip/Postal Code 91502
  • Area 610 - Burbank
  • Country United States

Details

Updated on October 4, 2023 at 12:26 am
  • Property ID: HZ9639218
  • Price: $2,450,000
  • Land Area: 4772.00 Sqft
  • Year Built: 1946
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 3296.00
  • Living Area Prefix: Sqft
  • MLS#: 23294993
  • Office Name: THE COLLECTIVE REALTY
  • Agent Name: Will Tiao
  • MLS Status: Active
  • Agent State License: 01918965

Additional details

  • County: Los Angeles
  • Parking: 10.00

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