Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Story Office Building For Sale Title is generated by Realmo AI

    1111 S Victory Blvd, Burbank, CA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two-story office building with post-production history, approximately 33,577 SF.

    Type:INDUSTRIAL
    Property size:
    33,577 SF
    Lot size:
    0.65 Acres
    Price / SF:
    $312/SF
    Added:
    Nov 24, 2025
    Days on Market:
    188
    Last Refresh:
    May 20 at 8:52 pm

    Property Features for 1111 S Victory Blvd

    General Information

    Standard status
    Active
    Size
    33,577 SF
    Lot size
    0.65 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 1111 S Victory Blvd Contact us

    We can help!

    Listing Contact
    Shadd Walker

    Listing agent Shadd Walker

    Listing office Colliers

    Listing date Nov 24, 2025

    Source Moodyscre

    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 Colliers

    HighLights

    • Two‑story office building with a history of post‑production use.
    • Approximately 33,577 square feet of space.
    • Two elevator‑served floors.
    • Air‑conditioned throughout.
    • 12 individual HVAC units totaling 138 tons.
    • Rare commercial opportunity.

    Overview

    This commercial property features a two-story office building with a history of post-production use. The building spans approximately 33,577 square feet across two floors. The floors are served by elevators and air conditioning, supported by 12 individual HVAC units totaling 138 tons.

    Local 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 $1.13M $33.60
    − Vacancy −$169.2k −$5.04
    EGI $959.0k $28.56
    − OpEx −$239.7k −$7.14
    NOI $719.2k $21.42
    33,577 SF · lease $33.60/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $10.27M
    $8.99M – $11.99M (±1% cap)
    NOI $719,219 @ 7.0% cap · market cap 6.85%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $680.25M
    $595.22M – $793.62M (±1% cap)
    NOI $47,617,490 @ 7.0% cap · market cap 453.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hula Post Film Production Kober Post Production Film Production ZULLAVISION (Bike/Boat/Book/etc) Store ShotGlass Film Production

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Los Angeles
    State
    California
    Longitude
    -118.325
    Latitude
    34.1849

    Nearby Similar for Sale

    • $3,000,000
      2,645 SF

      Burbank Commercial Space For Sale

      Located in a trendy restaurant corridor near Burbank Town Center.
      212 N San Fernando Boulevard, Burbank, CA 91502
      View Details
    • $1,250,000
      1,658 SF

      Burbank Triplex with Detached Home

      Triplex with detached single-family home in a desirable Burbank location.
      167 W Ash, Burbank, CA 91502
      View Details
    • $2,149,000
      5,856 SF

      Magnolia Park 5-Unit Apartment Building

      Well-maintained Burbank apartment building in a desirable location.
      3650 W Clark, Burbank, CA 91505
      View Details
    • $2,445,000
      4,668 SF

      Burbank Quadruplex with House Unit

      Four-unit property in Burbank, media capital of the world.
      723 E Tujunga Avenue, Burbank, CA 91501
      View Details
    • $1,942,418
      3,225 SF

      Burbank Commercial Property in Magnolia

      Versatile commercial property in a dynamic, walkable Burbank corridor.
      4708 W Magnolia Boulevard 4710, Burbank, CA 91505
      View Details
    • $170,000

      Burbank Business Opportunity For Sale

      Retail business opportunity with deli, walk-in cooler, and storage.
      906 S Gkenoaks Boulevard, Burbank, CA 91502
      View Details
    • $1,000,000
      1,600 SF

      Burbank Duplexes: Development Opportunity

      Six units in Burbank, CA, with development potential.
      3009 W Victory Boulevard, Burbank, CA 91505
      View Details
    • $1,000,000
      1,600 SF

      Burbank Duplex Development Opportunity

      Six-unit duplexes in prime Burbank location, development potential.
      3013 W Victory, Burbank, CA 91505
      View Details
    • $1,000,000
      1,660 SF

      Burbank Duplexes Development Opportunity

      Six-unit duplexes in Burbank, offering development potential.
      3007 W Victory Boulevard, Burbank, CA 91505
      View Details
    • $2,750,000
      3,894 SF

      Burbank Five-Plex with Garages

      Charming five-unit bungalow in desirable Burbank neighborhood near studios.
      1113 N Glenoaks, Burbank, CA 91504
      View Details
    • $1,800,000
      2,080 SF

      Burbank Quadruplex Investment Opportunity

      Four units near studios and transportation with long-term growth potential.
      1757 N Hollywood, Burbank, CA 91505
      View Details
    • $1,199,000
      2,060 SF

      Charming Burbank Duplex Opportunity

      Burbank duplex with income potential in a prime location.
      121 N Myers, Burbank, CA 91506
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story office building with post-production history, approximately 33,577 SF.
    Where is this office building located?
    The property is located at 1111 S Victory Blvd Burbank, CA.
    What is the asking price?
    The asking price for this property is $10,500,000.
    What are key features of this property?
    This property features: Two‑story office building with a history of post‑production use.; Approximately 33,577 square feet of space.; Two elevator‑served floors.
    (626) 488-9081 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Shadd Walker
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1111 S Victory Blvd, Burbank, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!