Storefront Building with Display
3131 W Burbank Blvd, Burbank, CA 91505
For Sale
$1,795,000
Commercial building with alley access, on-site parking, and a month-to-month tenancy.
Property Size2,560 SF
Lot Size0.08 Acres
Price / SF$701.17
Days on Market48
Property Features for 3131 W Burbank Blvd
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Buildings
Units
Listed By:
Robert Thomas
(818) 247-9000
Source:
Elliman
Added: Sep 21
Changed: Nov 6
Last Checked: Nov 6 at 10:46AM
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 Robert Thomas
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Investment Insights
Based on property information with market context.
This 2,560-square-foot commercial building was constructed in 1953 on a 3,456-square-foot lot. The property includes a storefront with large display windows, on-site parking, and access from the alley. Its current tenancy is month to month, providing flexibility for an owner-user or continued occupancy.
Located at 3131 W. Burbank Blvd. in Burbank, the building sits between N. California and N. Ontario Streets. Walk Score is 93, Bike Score is 69, and Transit Score is 62, reflecting access to walking, biking, and public transportation options. The storefront configuration and street-facing presentation support a range of retail-oriented commercial uses.
Located at 3131 W. Burbank Blvd. in Burbank, the building sits between N. California and N. Ontario Streets. Walk Score is 93, Bike Score is 69, and Transit Score is 62, reflecting access to walking, biking, and public transportation options. The storefront configuration and street-facing presentation support a range of retail-oriented commercial uses.
Key Highlights
- 2,560 SF commercial building constructed in 1953
- 3,456 SF lot with on‑site parking
- Large display windows provide a storefront presentation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,709
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,294,180
$1.3M
Cap Rate 7%
$924,414
$924.4K
Cap Rate 9%
$718,989
$719.0K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$94.6K $36.96/SF
− Vacancy
−$2.2K −$0.85/SF
EGI
$92.4K $36.11/SF
− OpEx
−$27.7K −$10.83/SF
NOI
$64.7K $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%
$1,294,180
Cap Rate 7%
$924,414
Cap Rate 9%
$718,989
Alternative Uses
Best Use
Retail
$924.4K
$808.9K – $1.08M
NOI $64,709 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$51.86M
$45.38M – $60.51M
NOI $3,630,484 @ 7.0% cap · market cap 202.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,797
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Groceries 38%
Beauty & Spa 6%
Hotels & Casinos 2%
Smart & Final
Groceries
18,781 visits/mo
0.3 miles
7-Eleven
Shops & Services
10,509 visits/mo
0.5 miles
7-Eleven
Shops & Services
7,643 visits/mo
0.2 miles
AutoZone
Shops & Services
4,652 visits/mo
0.4 miles
Sinclair
Shops & Services
3,339 visits/mo
0.3 miles
Demographics for 91505, CA
32,371
Population
14,258
Households
2.3
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
5,995
Density / Sq Mi
$106,364
Median Household Income
$60,859
Median Earnings
$2,284
Median Rent
$992,300
Median Home Value
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Market
Average Price Trend$/SF for Storefront properties in Los Angeles County, CA
Properties on Market for Storefront properties in Los Angeles County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Le Jardin Privé — 1020 N Hollywood Way, Burbank, CA 91505
- Magnolia Village Flower — 3301 W Magnolia Blvd, Burbank, CA 91505
- In Blume — 3318 W Magnolia Blvd, Burbank, CA 91505
- Floral By Design — 3412 W Victory Blvd, Burbank, CA 91505
- Boite De Fleurs, Inc — 2300 W Victory Blvd Ste A, Burbank, CA 91506
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building with alley access, on-site parking, and a month-to-month tenancy.
Where is this storefront property located?
The property is located at 3131 W Burbank Blvd Burbank, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 2,560 SF commercial building constructed in 1953; 3,456 SF lot with on‑site parking; Large display windows provide a storefront presentation
