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    824 Victory Blvd Burbank, CA 91502

    Sponsored
    For Sale
    $4,975,000

    10,160 SF Multi-Tenant Office, $4.975M

    Property size:
    10,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story executive office building, located at 824 N Victory Blvd in Burbank, California, presents a compelling owner-user opportunity. Boasting 10,160 square feet of versatile space, this multi-tenant property sits on a 0.32-acre lot and features 31 parking spaces, a significant advantage in this highly sought-after area. Built in 1985, the building is zoned BUM2 and offers excellent street visibility, enhancing its potential for branding and recognition. The property's prime location provides immediate access to the 5 Freeway and is in close proximity to Downtown Burbank, placing it within easy reach of a vibrant commercial, retail, and residential community. Internal amenities include three kitchens and four restrooms, catering to the needs of multiple tenants or a single owner-occupier. The property's attractive features make it well-suited for SBA financing, presenting a unique investment opportunity for owner-users seeking a strategic location and substantial space. The APN is 2449-030-013. This is a rare chance to acquire a well-established building in a thriving Burbank location. The building's strong identity and convenient access to major transportation routes make it an ideal investment for both short-term and long-term growth.

    Property Features for 824 Victory Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    10,160 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1985
    Stories
    2

    HighLights

    • SBA financing available for owner‑users.
    • Situated in a thriving commercial, retail, and residential neighborhood.
    • High street visibility.
    • Building signage opportunity available.
    • Convenient access to the 5 Freeway.
    • Close proximity to Downtown Burbank.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dental Technology Consultants Dentist Mineral Website Designer HiP Design, LLC Website Designer John M Goodner Video Production Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Los Angeles
    State
    California
    Longitude
    -118.3206703
    Latitude
    34.1828657

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    FAQs

    What type of property is this?
    Office Property / Space - 10,160 SF Multi-Tenant Office, $4.975M
    Where is this office property / space located?
    The property is located at 824 Victory Blvd Burbank, CA.
    What is the asking price?
    The asking price for this property is $4,975,000.
    What are key features of this property?
    This property features: SBA financing available for owner-users.; Situated in a thriving commercial, retail, and residential neighborhood.; High street visibility.
    (818) 986-9800
    Request Owner's contact information
    824 Victory Blvd Burbank, CA 91502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    824 Victory Blvd Burbank, CA 91502
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