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Office Units with On-Site Parking
For Sale
$1,299,000

3512 W Victory, Burbank, CA 91505

Commercial office property along Victory Boulevard with access to surrounding residential and commercial areas.

Property Size1,700 SF
Price / SF$764.12
Days on Market53

Property Features for 3512 W Victory

General Information

Standard status Active
Size 1,700 SF
Total Parking Spaces 6
Property subtype Office

Additional Details

Road Access Yes

Building Details

Building Size 1,700 SF
Year Built 1953
Listing Agency: Strategic Estates Group
Listed By: Gevork Geogdzhyan · License #02047601
Source: Archetyperealty
Added: Aug 24 Changed: Oct 2 Last Checked: Oct 13 at 12:10AM

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 Strategic Estates Group

Investment Insights

Based on property information with market context.

This 1,700-square-foot office property at 3512 W Victory Blvd in Burbank provides a functional commercial setting for professional, office, medical, healthcare, or service-related operations. Constructed in 1953, the building offers a practical footprint for an owner-user or service-oriented business seeking a dedicated location.

Six on-site parking spaces support employee, client, and visitor access. The property fronts West Victory Boulevard within an established Burbank commercial area, with connections to nearby residential and commercial districts, local amenities, and major transportation routes.

Key Highlights

  • 1,700‑square‑foot office property at 3512 W Victory Blvd, Burbank, CA 91505
  • Six on‑site parking spaces
  • Located along West Victory Boulevard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,414
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,280 $728.3K
Cap Rate 7%
$520,200 $520.2K
Cap Rate 9%
$404,600 $404.6K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$57.1K $33.60/SF
− Vacancy
−$8.6K −$5.04/SF
EGI
$48.6K $28.56/SF
− OpEx
−$12.1K −$7.14/SF
NOI
$36.4K $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%
$728,280
Cap Rate 7%
$520,200
Cap Rate 9%
$404,600

Alternative Uses

Best Use
Office B
$520.2K
$455.2K – $606.9K (±1% cap)
NOI $36,414 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$34.44M
$30.14M – $40.18M (±1% cap)
NOI $2,410,869 @ 7.0% cap · market cap 185.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Compassionate Hospice Care, ... Nursing Home

Suggested Use

Top Pick Real Estate Agency Food Market Law Firm Grocery & Convenience Store Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial office property along Victory Boulevard with access to surrounding residential and commercial areas.
Where is this office units located?
The property is located at 3512 W Victory Burbank, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 1,700‑square‑foot office property at 3512 W Victory Blvd, Burbank, CA 91505; Six on‑site parking spaces; Located along West Victory Boulevard
More about this property
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