Multi-Tenant Office Building For
11490 Burbank Blvd, North Hollywood, CA
Call to check price and availability
Three-story office building with diverse income streams.
Type:OFFICE
Property size:
6,431 SFLot size:
0.06 Acres- Added:
- Nov 24, 2025
- Days on Market:
- 173
- Last Refresh:
- Apr 5 at 8:44 pm
Property Features for 11490 Burbank Blvd
General Information
- Standard status
- Active
- Size
- 6,431 SF
- Lot size
- 0.06 Acres
- Property subtype
- OFFICE
Listing agent Patrick Long License #01831830 (818) 956-7001
Listing office Stevenson Real Estate Services (818) 956-7001
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 Stevenson Real Estate Services
HighLights
- High potential cap rate: Current 7.53% with potential to reach 9.64% through leasing vacant units.
- Diversified income stream from executive office suites, storage units, and mailboxes.
- Flexible lease terms allow for owner‑user occupancy and reconfiguration.
- Recent capital improvements include a new roof (2022) with 20‑year warranty and replaced HVAC units.
- Strong demand for smaller‑sized executive offices, generating higher rent per square foot.
- Prime location: One block west of Burbank and Lankershim Boulevard, near the North Hollywood Arts District.
Overview
The property is a 6,431 square foot, three-story, multi-tenant office building situated on 2,500 square feet of land. The building is currently divided into executive office suites ranging from 41 to 285 square feet. In addition to office space, the property includes separate storage units and mailboxes available for lease, providing a diversified income stream. There is strong demand for the mailboxes from businesses needing a physical address. Most of the leases are short-term or month-to-month, allowing for an owner-user to potentially occupy a significant portion of the building with the flexibility to reconfigure the space. A new roof was installed in 2022 with a 20-year warranty. Additional improvements include the replacement of three HVAC units (6 HVAC units total), new garage door openers with timers, and hard-wiring the property with video surveillance. The property is located one block west of the intersection of Burbank Boulevard and Lankershim Boulevard, near the North Hollywood Arts District. The advertised cap rate is 7.53% based on the current income and property tax estimate based on 1.2% of the sales price. A proactive investor can lease the remaining vacant units and potentially achieve a 9.64% pro forma cap rate. The mix of smaller-sized executive offices generates higher demand and rent per square foot compared to other office buildings.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mario Orellana Tax ...
Tax Preparation
Daylight Electric North ...
Electrical Service
A-1 Computer Repair
Computer & Electronic Repair
Southern Belle Couture
Clothing Store
Aram Trucking
Trucking Company
Location Insight
- Map
- Local Demand
- City
- North Hollywood
- County
- Los Angeles
- State
- California
- Longitude
- -118.382
- Latitude
- 34.172
Nearby Similar for Lease
FAQs
What type of property is this?
Office building - Three-story office building with diverse income streams.
Where is this office building located?
The property is located at 11490 Burbank Blvd North Hollywood, CA.
What are key features of this property?
This property features: High potential cap rate: Current 7.53% with potential to reach 9.64% through leasing vacant units.; Diversified income stream from executive office suites, storage units, and mailboxes.; Flexible lease terms allow for owner‑user occupancy and reconfiguration.
