Renovated Food Processing Flex
10658 Burbank Blvd Los Angeles, CA 91601
10658 Burbank Blvd, Los Angeles, CA, 91601
$5,900,000
For Sale
$5,900,000
Renovated two-story food processing, office, and storage building with commercial kitchen, cold storage, and efficient dock access.
Property Size13,930 SF
Price / SF$423.55
Days on Market25
Property Features for 10658 Burbank Blvd
General Information
- Standard status
- Active
- Size
- 13,930 SF
- Property subtype
- Warehouse
Building Details
- Year Built
- 1945
Listing agency
Marcus & Millichap
(818) 212-2695
Listed by
Lucas Mitchell · License #License(s): CA: 02241581
(818) 212-2695
Source
Marcusmillichap
Added: Jun 28 Updated: Jul 10 at 4:02PM Checked: Jul 22 at 2:08AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
The property is a renovated, two-story commercial/food processing, office, and storage facility built on approximately 0.37 acres across three parcels. The ground floor is built out for food-related operations, including a commercial kitchen, multiple walk-in refrigerators and freezers, floor drains, and waterproof lighting. An exterior refrigerated loading area supports cold-chain workflow, and two brand-new roll-up doors provide direct loading and distribution access. Interior improvements include refreshed office space, updated restrooms, upgraded electrical and lighting systems, new paint, and general repairs and maintenance, along with a newly resurfaced and restriped parking lot.
Set on a high-visibility hard corner between Vineland Avenue and Cahuenga Boulevard, the building offers over 90 feet of frontage along Burbank Boulevard and signage exposure to approximately 25,800 vehicles per day. The site includes 27 on-site parking spaces and is served by a freight/pallet lift connecting the ground floor to the second-floor offices.
The second-floor office has been refreshed with five private offices, new flooring and paint, upgraded restrooms, and a large storage area, making the layout practical for operations that require administrative space on-site. Zoned C2 1 for the buildings, with the parking lot zoned R1 1VL, the property provides a versatile zoning framework for a range of commercial, retail, office, and residential uses, depending on specific application and approvals.
Set on a high-visibility hard corner between Vineland Avenue and Cahuenga Boulevard, the building offers over 90 feet of frontage along Burbank Boulevard and signage exposure to approximately 25,800 vehicles per day. The site includes 27 on-site parking spaces and is served by a freight/pallet lift connecting the ground floor to the second-floor offices.
The second-floor office has been refreshed with five private offices, new flooring and paint, upgraded restrooms, and a large storage area, making the layout practical for operations that require administrative space on-site. Zoned C2 1 for the buildings, with the parking lot zoned R1 1VL, the property provides a versatile zoning framework for a range of commercial, retail, office, and residential uses, depending on specific application and approvals.
Key Highlights
- Renovated two‑story commercial/food processing, office, and storage facility on 0.37 acres across three parcels (approx. 13,930 SF).
- Ground floor built for food‑related operations with commercial kitchen, multiple walk‑in refrigerators/freezers, floor drains, and waterproof lighting.
- Refrigerated exterior loading area plus two brand‑new roll‑up doors for efficient deliveries and distribution.
Local Financial Insights For Industrial
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 | $264.1k | $18.96 |
| − Vacancy | −$16.9k | −$1.21 |
| EGI | $247.2k | $17.75 |
| − OpEx | −$74.2k | −$5.32 |
| NOI | $173.0k | $12.42 |
13,930 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.47M
$2.16M – $2.88M
NOI $173,047 @ 7.0% cap · market cap 2.93%
Second Best
Flex RnD
$2.30M
$2.01M – $2.68M
NOI $160,686 @ 7.0% cap · market cap 2.72%
Theoretical Best
Multifamily LT 5
$282.21M
$246.94M – $329.25M
NOI $19,754,941 @ 7.0% cap · market cap 334.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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Similar Off Market Nearby
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- Impeccable Taste Catering — 10940 Burbank Blvd, North Hollywood, CA 91601
- Food Fetish — 10650 Burbank Blvd, North Hollywood, CA 91601
FAQs
What type of property is this?
Flex space - Renovated two-story food processing, office, and storage building with commercial kitchen, cold storage, and efficient dock access.
Where is this flex space located?
The property is located at 10658 Burbank Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Renovated two‑story commercial/food processing, office, and storage facility on 0.37 acres across three parcels (approx. 13,930 SF).; Ground floor built for food‑related operations with commercial kitchen, multiple walk‑in refrigerators/freezers, floor drains, and waterproof lighting.; Refrigerated exterior loading area plus two brand‑new roll‑up doors for efficient deliveries and distribution.
