Office Building in Entertainment
1405 North San Fernando Boulevard, Burbank, CA 91504
Owner-sale office asset positioned in the Burbank media and entertainment employment cluster anchored by major studios.
Type:Office
Property size:
31,108 SFPrice / SF:
$275/SF- Added:
- Jun 18, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 24 at 1:54 am
Property Features for 1405 North San Fernando Boulevard
General Information
- Standard status
- Active
- Size
- 31,108 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing office CBRE - South Bay
Listing date Jun 18, 2026
Source Crexi
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 CBRE - South Bay
HighLights
- Office asset built in 1982
- Positioned in the Burbank media and entertainment employment cluster anchored by major studios
- Class‑A rents approaching $4.50 FSG
- Over 60,000 SF of positive net absorption reported in 2025
Overview
This office building offers a commercial base for organizations serving the media and entertainment ecosystem. With Burbank widely recognized for its concentration of industry employers, the property provides a straightforward option for office users seeking space in a market shaped by ongoing entertainment production and related services.
Located at 1405 North San Fernando Boulevard in Burbank, the address places the building within one of the Los Angeles area’s most established media corridors. Public remarks note the area’s presence of well-known companies across major platforms, including Disney/ABC, Comcast/NBCUniversal, WarnerMedia, Netflix, Nickelodeon, and Dreamworks, along with more than 1,000 media-related companies.
For tenants, buyers, and brokers evaluating office options in Burbank, this property aligns with a submarket described as having historically low vacancy rates, supported by institutional investment and continued private-capital flow. The remarks further indicate meaningful positive absorption in 2025 and that Class-A rents are approaching $4.50 FSG, offering context for buyers considering an ownership position in a consistently active employment-driven market.
Located at 1405 North San Fernando Boulevard in Burbank, the address places the building within one of the Los Angeles area’s most established media corridors. Public remarks note the area’s presence of well-known companies across major platforms, including Disney/ABC, Comcast/NBCUniversal, WarnerMedia, Netflix, Nickelodeon, and Dreamworks, along with more than 1,000 media-related companies.
For tenants, buyers, and brokers evaluating office options in Burbank, this property aligns with a submarket described as having historically low vacancy rates, supported by institutional investment and continued private-capital flow. The remarks further indicate meaningful positive absorption in 2025 and that Class-A rents are approaching $4.50 FSG, offering context for buyers considering an ownership position in a consistently active employment-driven market.
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 | $1.05M | $33.60 |
| − Vacancy | −$156.8k | −$5.04 |
| EGI | $888.4k | $28.56 |
| − OpEx | −$222.1k | −$7.14 |
| NOI | $666.3k | $21.42 |
31,108 SF · lease $33.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$9.52M
$8.33M – $11.11M
NOI $666,333 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$630.23M
$551.45M – $735.27M
NOI $44,116,058 @ 7.0% cap · market cap 515.68%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Ace kitchen Bath ...
Construction Company
Audits & Investigations Office
Law Firm
Learning Trajectory
Training Center
LRA Interpreters Inc
Translation Service
PUC Schools
School District Office
Location Insight
- Map
- Local Demand
- City
- Burbank
- County
- Los Angeles
- State
- California
- Longitude
- -118.3219728
- Latitude
- 34.1901944
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Owner-sale office asset positioned in the Burbank media and entertainment employment cluster anchored by major studios.
Where is this office building located?
The property is located at 1405 North San Fernando Boulevard Burbank, CA.
What is the asking price?
The asking price for this property is $8,555,000.
What are key features of this property?
This property features: Office asset built in 1982; Positioned in the Burbank media and entertainment employment cluster anchored by major studios; Class‑A rents approaching $4.50 FSG
