Two-Story Office
For Sale
$2,549,000
3316 W Victory Boulevard, Burbank, CA 91505
Commercial Sale, Burbank, CA
Property Size4,000 SF
Lot Size0.12 Acres
Price / SF$637.25
Days on Market19
Property Features for 3316 W Victory Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Directions
Victory Blvd, between N Lima St and N Avon St, near N Hollywood Way.
Subdivision
610 - Burbank
Standard status
Active
APN
2437003032
Lot size
0.12 Acres
Utilities
Cooling system
Central Air
Amenities
bathrooms
laundry facilities
Building Details
Year built
1982
Buildings
1
Listing Agency:
Real Brokerage Technologies, Inc.
(619) 248-6434
Listed By:
Sergei Hovsepyan · License #01992656
(818) 929-1158
Added: Oct 16
Changed: Nov 2
Last Checked: Nov 3 at 1:06AM
MLS# SR26224974
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.
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Investment Insights
Based on property information with market context.
Built in 1982, this two-story office property contains approximately 4,000 square feet on a 5,276-square-foot lot. It is configured for one occupant and will be delivered vacant. Interior features include three bathrooms, laundry facilities, central air, and four separate utility meters. The meter setup may support a multi-tenant layout, subject to applicable approvals.
Seven parking spaces are located at the rear, with alley access; street parking is also nearby. The property fronts Victory Boulevard near Hollywood Way, with access to Warner Bros. Studios, Walt Disney Studios, Hollywood Burbank Airport, and the Burbank-Toluca Lake communities.
Seven parking spaces are located at the rear, with alley access; street parking is also nearby. The property fronts Victory Boulevard near Hollywood Way, with access to Warner Bros. Studios, Walt Disney Studios, Hollywood Burbank Airport, and the Burbank-Toluca Lake communities.
Key Highlights
- Approximately 4,000 square feet on a 5,276‑square‑foot lot
- Two‑story office building constructed in 1982
- Delivered vacant; currently configured for single‑user occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,680
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,713,600
$1.7M
Cap Rate 7%
$1,224,000
$1.2M
Cap Rate 9%
$952,000
$952.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$134.4K $33.60/SF
− Vacancy
−$20.2K −$5.04/SF
EGI
$114.2K $28.56/SF
− OpEx
−$28.6K −$7.14/SF
NOI
$85.7K $21.42/SF
Area
Burbank, CA
Vacancy
15.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,713,600
Cap Rate 7%
$1,224,000
Cap Rate 9%
$952,000
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.43M
NOI $85,680 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$81.04M
$70.91M – $94.54M
NOI $5,672,632 @ 7.0% cap · market cap 222.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,103
Businesses Nearby
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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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Delivered vacant, the property offers a full-building layout for an incoming office user.
Where is this office building located?
The property is located at 3316 W Victory Boulevard Burbank, CA.
What is the asking price?
The asking price for this property is $2,549,000.
What are key features of this property?
This property features: Approximately 4,000 square feet on a 5,276‑square‑foot lot; Two‑story office building constructed in 1982; Delivered vacant; currently configured for single‑user occupancy
