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Fenced Yard Commercial Building
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10655 Burbank Boulevard, Los Angeles, CA 91601

Corner commercial building with flexible retail/office use and a fenced rear parking area plus light industrial garage workshop space.

Property Size5,904 SF
Price / SF$465.79
Days on Market51

Property Features for 10655 Burbank Boulevard

General Information

Standard status Active
Size 5,904 SF
Property subtype Retail, Office, Industrial

Additional Details

Fenced Yard Yes

Building Details

Year Built 1950
Listing Agency: Equity Union Commercial - Southern California
Listed By: Joshua Linn · License #CA 01500049
Source: Crexi
Added: Jun 16 Changed: Jul 10 Last Checked: Aug 5 at 10:00AM

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 Equity Union Commercial - Southern California

Investment Insights

Based on property information with market context.

Located at 10655 Burbank Boulevard in Los Angeles, this corner commercial building is configured for flexible retail and office use, with the ability to accommodate a variety of commercial concepts depending on the tenant’s operating model. The property includes about 644 square feet of light industrial garage workshop area, supporting uses that benefit from a dedicated space for light fabrication, storage, or back-of-house work. Prime signage is available, and the rear parking area is enclosed with a fenced yard.

The building is positioned on Burbank Boulevard, providing visibility and exposure to passing foot and car traffic. The property also offers a configuration that can be divided, which may support leasing strategies for a single operator or multiple tenants. Public remarks indicate the building is currently generating income, and additional details are available by calling the broker.

For tenants and buyers seeking a commercial property that can serve as storefront-style retail, office suites, creative studio space, or a mixed retail/office configuration, the combination of flexible interior use, on-site garage workshop area, and secured rear parking is practical. The option to divide space can also be useful for operators looking to align occupancy with their specific needs.

Key Highlights

  • Corner commercial building at 10665 Burbank Blvd with storefront visibility on Burbank Blvd
  • Flexible layout for retail storefronts, office suites, creative studios, or mixed retail/office configurations
  • Includes about 644 SF light industrial garage workshop area

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $229.5k $38.88
− Vacancy −$42.7k −$7.23
EGI $186.9k $31.65
− OpEx −$46.7k −$7.91
NOI $140.1k $23.74
5,904 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,139 @ 7.0% cap · market cap 5.10%
Second Best
Retail
$1.96M
$1.71M – $2.28M (±1% cap)
NOI $137,015 @ 7.0% cap · market cap 4.98%
Theoretical Best
Multifamily LT 5
$119.61M
$104.66M – $139.55M (±1% cap)
NOI $8,372,805 @ 7.0% cap · market cap 304.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Supermarket Storage Facility Farmer's Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,866
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Sweet Table 5264 Tujunga Ave, North Hollywood, CA 91606
  • Under the Canape Inc North Hollywood, CA 91601
  • Impeccable Taste Catering 10940 Burbank Blvd, North Hollywood, CA 91601

Frequently Asked Questions

What type of property is this?
Flex space - Corner commercial building with flexible retail/office use and a fenced rear parking area plus light industrial garage workshop space.
Where is this flex space located?
The property is located at 10655 Burbank Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Corner commercial building at 10665 Burbank Blvd with storefront visibility on Burbank Blvd; Flexible layout for retail storefronts, office suites, creative studios, or mixed retail/office configurations; Includes about 644 SF light industrial garage workshop area
More about this property
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