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923 N Hollywood Way
Burbank, CA 91505 Magnolia Park

$3,445,000 USD

General Retail For Sale  •  4,990 SF

Property Details

  • Property Type General Retail
  • Total Building Size 4,990 SF
  • Lot Size 0.18 AC
  • Building Class B
  • Year Built 1952
  • Cap Rate 5.26 %
  • Tenancy Single
  • Zoning BUC3*
50 Transit Score
70 Walk Score

Highlights

Pride of ownership single story commercial, fully built out as creative office and recording studio
Amazing owner user opportunity or investment - in place 5.26% cap rate
Incredible frontage near one of Burbank’s most desirable intersections at Hollywood Way and Magnolia Blvd with traffic counts of 32,458 vehicles/day
Ten private parking spaces available via back alley plus excellent street parking in front of the building
Features two working sound stages (ADR & DUB)

Property Flyers

Cap Rate: 5.26 %

Major Tenants

Tenant SF Occupied Lease End Date
Post Production Studios

Amenities

  • 24 Hour Access

Public Transportation

Commuter RailDriveWalkDistance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.4 mi
Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) 6 min - 2.5 mi
AirportDriveWalkDistance
Bob Hope 8 min - 3.9 mi
Los Angeles International 36 min - 26.4 mi
Long Beach (Daugherty Field) 46 min - 33.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Rose O'Sullivan 805-338-9232 NAI Capital
Rose O'Sullivan 805-338-9232 NAI Capital