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Burbank Flex Space For Sale

58-68 East Santa Anita Avenue Burbank, CA 91502

58-68 East Santa Anita Avenue, Burbank, CA, 91502
$4,485,000
For Sale
Claim this Listing
$4,485,000

Flex space with office, warehouse, and fenced parking.

Property Size9,251 SF
Price / SF$484.81
AddedMar 25
Days on Market113
Last RefreshJul 15 at 2:29 am

Property Features for 58-68 East Santa Anita Avenue

General Information

Standard status
Active
Size
9,251 SF
Property subtype
Industrial

Listing office CBRE LA

Listing date Mar 25, 2026

Source Cbre

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 CBRE LA


Investment Insights

Based on property information with market context.

This property features a layout of approximately 25% office space and 75% high-clear production, warehouse, or flex space. Constructed in the 2000s, the building offers a fenced yard and parking area, with a column-free interior. The property includes 3,000 square feet of office space and an additional 2,457 square feet of finished office mezzanine. There are four restrooms and parking for nine vehicles. The location provides close proximity to the Burbank Town Center and Interstate 5, situated within the city of Burbank.

Key Highlights

  • 75% high clear production/warehouse/flex space
  • Close proximity to Burbank Town Center & I‑5
  • Located in the City of Burbank (no ULA tax)

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $310.8k $33.60
− Vacancy −$46.6k −$5.04
EGI $264.2k $28.56
− OpEx −$66.1k −$7.14
NOI $198.2k $21.42
9,251 SF · lease $33.60/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.83M
$2.48M – $3.30M (±1% cap)
NOI $198,156 @ 7.0% cap · market cap 4.42%
Second Best
Warehouse
$1.99M
$1.74M – $2.33M (±1% cap)
NOI $139,547 @ 7.0% cap · market cap 3.11%
Theoretical Best
Multifamily LT 5
$187.42M
$163.99M – $218.66M (±1% cap)
NOI $13,119,379 @ 7.0% cap · market cap 292.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Hotel & Motel Auto Parts Store Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Garden Center Bed & Breakfast Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • foodink (Food Ink) Catering — 1936 W Glenoaks Blvd, Glendale, CA 91201
  • Robert's Catering Services — 101 N Victory Blvd Suite G & F, Burbank, CA 91502
  • SoCal Birria Tacos Catering — 512 S Verdugo Dr #207, Burbank, CA 91502
  • About Thyme — 275 W Valencia Ave, Burbank, CA 91502
  • Alex Catering Corporation — 435 S Main St, Burbank, CA 91506

FAQs

What type of property is this?
Flex space - Flex space with office, warehouse, and fenced parking.
Where is this flex space located?
The property is located at 58-68 East Santa Anita Avenue Burbank, CA.
What is the asking price?
The asking price for this property is $4,485,000.
What are key features of this property?
This property features: 75% high clear production/warehouse/flex space; Close proximity to Burbank Town Center & I‑5; Located in the City of Burbank (no ULA tax)
Contact an agent
More about this property
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