Creative Production
10615 Burbank Blvd, North Hollywood, CA 91601
For Sale
New
$1,350,000
Vacant commercial property with an established studio layout and equipment in place.
Property Size1,975 SF
Lot Size0.07 Acres
Price / SF$683.54
Days on Market2
Property Features for 10615 Burbank Blvd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Corner Location
Road Access
Additional Details
Condition
Currently Operating
Property Use
Amenities
four studio sets
green-screen stage
editing and control room
full kitchen
on-site laundry
secured equipment storage
private outdoor production and event yard
Delivered Vacant — All Equipment Included– Cameras, lighting grids, monitors, acoustic treatment and the full set build-out convey with the sale.
Turnkey Digital Production Facility– Four independently wired studio sets, a dedicated green-screen stage and an editing / control room, purpose-built for broadcast
Ideal Owner-User Opportunity
Flexible LAC2 Zoning
SBA & Owner-User Financing Available
Private Outdoor Production & Event Yard
Complete Support Infrastructure– Full kitchen, on-site laundry, two restrooms and secured equipment storage already built out and in place.
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Encino Office
Listed By:
Hannah Zager · License #License(s): CA: 02140677
(818) 212-2820
Source:
Marcusmillichap
Added: Nov 8
Last Checked: Nov 8 at 5:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encino Office
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Investment Insights
Based on property information with market context.
The freestanding 1,975-square-foot building sits on an approximately 2,875-square-foot lot and is offered vacant with its existing equipment and production improvements. The layout includes four finished studio sets, a green-screen stage, editing and control room, kitchen, laundry, two restrooms, secured equipment storage, and an enclosed outdoor production and event yard. Studio features include acoustic treatment, programmable lighting grids, monitors, and camera and audio infrastructure. The property was built in 1955 and is zoned LAC2, which supports uses including retail, office, service, and creative space beyond its current production configuration.
Located on Burbank Boulevard west of Cahuenga Boulevard, the property is near the NoHo Arts District, Universal City, and the Burbank Media District. The two corridors together carry approximately 56,000 vehicles per day.
Located on Burbank Boulevard west of Cahuenga Boulevard, the property is near the NoHo Arts District, Universal City, and the Burbank Media District. The two corridors together carry approximately 56,000 vehicles per day.
Key Highlights
- Freestanding 1,975‑square‑foot building on an approximately 2,875‑square‑foot lot
- Four finished studio sets plus a dedicated green‑screen stage
- Studio equipment includes acoustic treatment, programmable lighting grids, monitors, and camera and audio infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,172
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,440
$863.4K
Cap Rate 7%
$616,743
$616.7K
Cap Rate 9%
$479,689
$479.7K
Market Conditions
NOI Build-Up for 1,975 SF
Gross rent
$75.8K $38.40/SF
− Vacancy
−$18.3K −$9.25/SF
EGI
$57.6K $29.15/SF
− OpEx
−$14.4K −$7.29/SF
NOI
$43.2K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,440
Cap Rate 7%
$616,743
Cap Rate 9%
$479,689
Alternative Uses
Best Use
Office B
$616.7K
$539.7K – $719.5K
NOI $43,172 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$925.2K – $1.23M
NOI $74,019 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,320
Businesses Nearby
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Creative space in Los Angeles County, CA
Properties on Market for Creative space in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Creative space - Vacant commercial property with an established studio layout and equipment in place.
Where is this creative space located?
The property is located at 10615 Burbank Blvd North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Freestanding 1,975‑square‑foot building on an approximately 2,875‑square‑foot lot; Four finished studio sets plus a dedicated green‑screen stage; Studio equipment includes acoustic treatment, programmable lighting grids, monitors, and camera and audio infrastructure
