Mixed-Use Property with
For Sale
$1,650,000
1610 W Magnolia Boulevard, Burbank, CA 91506
A front showroom or office area pairs with rear workspace, storage, a private restroom, and alley-access parking.
Property Size2,000 SF
Price / SF$825
Days on Market113
Property Features for 1610 W Magnolia Boulevard
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail
Site & Location
Neighborhood
Northwest District
Additional Details
Tenant in Place
Yes
Amenities
private restroom
storage space
rear parking
Building Details
Building Size
2,000 SF
Year Built
1950
Listing Agency:
Howard Realty Group
(818) 355-6017
Listed By:
Brett Howard · License #01120327
Source:
Brillarealestate
Added: Jul 8
Changed: Oct 26
Last Checked: Oct 26 at 12:00PM
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
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Investment Insights
Based on property information with market context.
This mixed-use property contains approximately 2,000 square feet, with a front showroom or office area and an open workshop at the rear. A private restroom and storage space are also part of the layout. The building was constructed in 1950.
The property is on W Magnolia Boulevard in Burbank and has rear parking accessed from the alley. The current tenant wants to remain, providing an established occupancy arrangement for a buyer to consider.
The property is on W Magnolia Boulevard in Burbank and has rear parking accessed from the alley. The current tenant wants to remain, providing an established occupancy arrangement for a buyer to consider.
Key Highlights
- Approximately 2,000 square feet of mixed‑use space
- Front showroom or office area with an open rear workshop
- 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
Mixed Use
$482.1K
$421.9K – $562.5K
NOI $33,750 @ 7.0% cap · market cap 2.05%
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,499
Businesses Nearby
247k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 24%
Home Improvements & Furnishings 18%
Groceries 17%
Hobby Lobby
Shops & Services
66,507 visits/mo
0.5 miles
HomeGoods
Home Improvements & Furnishings
44,841 visits/mo
0.5 miles
McDonald's
Dining
35,730 visits/mo
0.5 miles
Aldi
Groceries
24,695 visits/mo
0.5 miles
Grocery Outlet Bargain Market
Groceries
18,312 visits/mo
0.4 miles
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 Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A front showroom or office area pairs with rear workspace, storage, a private restroom, and alley-access parking.
Where is this mixed-use property 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 square feet of mixed‑use space; Front showroom or office area with an open rear workshop; Private restroom and abundant storage
