Flexible Flex Space with
For Sale
$1,650,000
1610 W Magnolia Boulevard, Burbank, CA 91506
Commercial Sale, Burbank, CA
Property Size2,000 SF
Price / SF$825
Days on Market100
Property Features for 1610 W Magnolia Boulevard
General Information
Property type
Commercial Sale
Property subtype
Retail
Directions
On Magnolia Blvd between Victory & Buena Vista
Subdivision
610 - Burbank
Standard status
Active
APN
2446015006
Amenities
private restroom
abundant storage space
Building Details
Year built
1950
Listing Agency:
Howard Realty Group
Listed By:
Brett Howard · License #01120327
(818) 355-6017
Added: Jul 7
Changed: Oct 7
Last Checked: Oct 14 at 6:06AM
MLS# BB26147451
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This approximately 2,000-square-foot flex property combines a customer-facing front showroom or office area with a substantial rear workshop and open workspace. The layout also includes a private restroom and abundant storage, creating a practical mix of presentation, production, and support areas within one commercial building. Constructed in 1950, the property is positioned for retail, office, or light commercial use.
Located on Magnolia Boulevard in Burbank, the property includes rear parking accessed from the alley. A current tenant wants to remain, adding an existing occupancy consideration for an investor evaluating the asset.
Located on Magnolia Boulevard in Burbank, the property includes rear parking accessed from the alley. A current tenant wants to remain, adding an existing occupancy consideration for an investor evaluating the asset.
Key Highlights
- Approximately 2,000 sq. ft. of flexible retail/office space
- Front showroom or office area paired with a rear workshop/open workspace
- Private restroom and abundant storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,554
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,011,080
$1.0M
Cap Rate 7%
$722,200
$722.2K
Cap Rate 9%
$561,711
$561.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$73.9K $36.96/SF
− Vacancy
−$1.7K −$0.85/SF
EGI
$72.2K $36.11/SF
− OpEx
−$21.7K −$10.83/SF
NOI
$50.6K $25.28/SF
Area
Burbank, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,011,080
Cap Rate 7%
$722,200
Cap Rate 9%
$561,711
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,499
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 91506, CA
19,338
Population
8,530
Households
2.3
Avg Household Size
43
Median Age
47%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
8,058
Density / Sq Mi
$107,171
Median Household Income
$60,017
Median Earnings
$1,913
Median Rent
$1,055,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Love Catering — 736 S Glenwood Pl, Burbank, CA 91506
- Bobby Weisman Caterers — 736 S Glenwood Pl, Burbank, CA 91506
- Zachs Catering — 736 S Glenwood Pl, Burbank, CA 91506
- Zeone's Catering — 231 N Orchard Dr, Burbank, CA 91506
- Alex Catering Corporation — 435 S Main St, Burbank, CA 91506
Frequently Asked Questions
What type of property is this?
Flex space - Front showroom, rear workspace, private restroom, storage, and alley-access parking support varied commercial configurations.
Where is this flex space located?
The property is located at 1610 W Magnolia Boulevard 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 flexible retail/office space; Front showroom or office area paired with a rear workshop/open workspace; Private restroom and abundant storage
