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.
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
Investment Insights
Based on property information with market context.
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.
Key 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
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 |
