Remodeled Retail Space with
For Sale
Contact for pricing
2320 W Magnolia Blvd, Burbank, CA 91506
Updated retail space with extensive HVAC, showers, upgraded finishes, and substantial electrical capacity.
Property Size3,850 SF
Price / SF$896.10
Days on Market49
Property Features for 2320 W Magnolia Blvd
General Information
Standard status
Active
Size
3,850 SF
Property subtype
RETAIL
Amenities
high-end finishes
abundant HVAC
showers
Listing Agency:
Stevenson Real Estate Services
(818) 956-7001
Listed By:
Ole Olson · License #01973001
(818) 294-0787
Source:
Moodyscre
Added: Sep 3
Changed: Oct 3
Last Checked: Oct 20 at 7:47PM
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 Stevenson Real Estate Services
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Investment Insights
Based on property information with market context.
This remodeled retail property at 2320 W Magnolia Blvd in Burbank encompasses 3,850 square feet. The space features upgraded finishes, extensive HVAC coverage, showers, and 800 Amps of 3 Phase power, supporting a range of retail-oriented configurations.
Key Highlights
- 3,850 square feet of retail space
- Remodeled property with high‑end finishes
- 800 Amps of 3 Phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,316
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,946,320
$1.9M
Cap Rate 7%
$1,390,229
$1.4M
Cap Rate 9%
$1,081,289
$1.1M
Market Conditions
NOI Build-Up for 3,850 SF
Gross rent
$142.3K $36.96/SF
− Vacancy
−$3.3K −$0.85/SF
EGI
$139.0K $36.11/SF
− OpEx
−$41.7K −$10.83/SF
NOI
$97.3K $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%
$1,946,320
Cap Rate 7%
$1,390,229
Cap Rate 9%
$1,081,289
Alternative Uses
Best Use
Retail
$1.39M
$1.22M – $1.62M
NOI $97,316 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$78.00M
$68.25M – $91.00M
NOI $5,459,908 @ 7.0% cap · market cap 158.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,736
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 50%
Taco Bell
Dining
11,694 visits/mo
0.1 miles
Shell
Shops & Services
10,195 visits/mo
0.1 miles
Mountain View Tire & Service Inc.
Shops & Services
1,653 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?
Retail space - Updated retail space with extensive HVAC, showers, upgraded finishes, and substantial electrical capacity.
Where is this retail space located?
The property is located at 2320 W Magnolia Blvd Burbank, CA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 3,850 square feet of retail space; Remodeled property with high‑end finishes; 800 Amps of 3 Phase power
