Warehouse With Office
New
For Sale
$6,300,000
3210 W Vanowen Street, Burbank, CA 91505
M-2-zoned facility combines dedicated administrative areas with gated on-site parking.
Property Size12,000 SF
Days on Market4
Property Features for 3210 W Vanowen Street
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Warehouse
Building Details
Building Size
12,000 SF
Year Built
1951
Listing Agency:
Howard Realty Group
Listed By:
Brett Howard · License #01120327
(818) 355-6017
Source:
Archetyperealty
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 10 at 2:15AM
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
Investment Insights
Based on property information with market context.
This 12,000-square-foot warehouse includes approximately 2,500 square feet of office area, nine private offices, and a bullpen. The building also contains three restrooms, including one with a shower, a computer room, and a kitchen. Warehouse features include two truck loading doors and 240-volt, 600-amp three-phase power. The computer service room has separate air conditioning; the property also has newer exterior windows and warehouse heating equipment.
The 22,625-square-foot M-2-zoned property provides 19 or more parking spaces behind two electric gates. Street-to-street access connects the site across its frontage. Built in 1951, the building offers a mix of office and warehouse space.
The 22,625-square-foot M-2-zoned property provides 19 or more parking spaces behind two electric gates. Street-to-street access connects the site across its frontage. Built in 1951, the building offers a mix of office and warehouse space.
Key Highlights
- 12,000‑square‑foot warehouse with approximately 2,500 square feet of office area
- Nine private offices, bullpen, kitchen, computer room, and three restrooms
- Two truck loading doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,015
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,620,300
$3.6M
Cap Rate 7%
$2,585,929
$2.6M
Cap Rate 9%
$2,011,278
$2.0M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$227.5K $18.96/SF
− Vacancy
−$14.6K −$1.21/SF
EGI
$213.0K $17.75/SF
− OpEx
−$31.9K −$2.66/SF
NOI
$181.0K $15.08/SF
Area
Burbank, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,620,300
Cap Rate 7%
$2,585,929
Cap Rate 9%
$2,011,278
Alternative Uses
Best Use
Warehouse
$2.59M
$2.26M – $3.02M
NOI $181,015 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$243.11M
$212.72M – $283.63M
NOI $17,017,896 @ 7.0% cap · market cap 270.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,248
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - M-2-zoned facility combines dedicated administrative areas with gated on-site parking.
Where is this warehouse located?
The property is located at 3210 W Vanowen Street Burbank, CA.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: 12,000‑square‑foot warehouse with approximately 2,500 square feet of office area; Nine private offices, bullpen, kitchen, computer room, and three restrooms; Two truck loading doors
