Versatile Retail-Office Workshop
1610 W Magnolia Blvd Burbank, CA 91506
For Sale
$1,650,000
Flexible layout offers front showroom/office area plus rear workshop, private restroom, and rear parking via alley access.
Property Size2,000 SF
Price / SF$825
Days on Market22
Property Features for 1610 W Magnolia Blvd
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Howard Realty Group, Inc.
(818) 355-6017
Listed By:
Brett Howard · License #01120327
Source:
Elliman
Added: Jul 9
Changed: Jul 10
Last Checked: Jul 29 at 12:22PM
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 Howard Realty Group, Inc.
Investment Insights
Based on property information with market context.
Approximately 2,000 sq. ft. of versatile retail/office space is available on busy Magnolia Boulevard in the heart of Burbank. The layout includes a spacious front showroom or office area paired with a large rear workshop/open workspace, supported by a private restroom and abundant storage.
Convenient rear parking is provided with alley access, which can support day-to-day operations and service needs for a range of light commercial setups.
The property is also presented as a small investment opportunity, noting a current tenant who wants to stay.
Convenient rear parking is provided with alley access, which can support day-to-day operations and service needs for a range of light commercial setups.
The property is also presented as a small investment opportunity, noting a current tenant who wants to stay.
Key Highlights
- Approximately 2,000 sq. ft. of versatile retail/office space on busy Magnolia Boulevard in Burbank
- Flexible layout includes a spacious front showroom or office area plus a large rear workshop/open workspace
- Private restroom and abundant storage space included
Financial Insights For Retail
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 | $73.9k | $36.96 |
| − Vacancy | −$1.7k | −$0.85 |
| EGI | $72.2k | $36.11 |
| − OpEx | −$21.7k | −$10.83 |
| NOI | $50.6k | $25.28 |
2,000 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$722.2K
$631.9K – $842.6K
NOI $50,554 @ 7.0% cap · market cap 3.06%
Second Best
Office B
$612.0K
$535.5K – $714.0K
NOI $42,840 @ 7.0% cap · market cap 2.60%
Theoretical Best
Multifamily LT 5
$40.52M
$35.45M – $47.27M
NOI $2,836,316 @ 7.0% cap · market cap 171.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Flexible layout offers front showroom/office area plus rear workshop, private restroom, and rear parking via alley access.
Where is this retail space located?
The property is located at 1610 W Magnolia Blvd Burbank, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Approximately 2,000 sq. ft. of versatile retail/office space on busy Magnolia Boulevard in Burbank; Flexible layout includes a spacious front showroom or office area plus a large rear workshop/open workspace; Private restroom and abundant storage space included
