1022-1024 Burbank Blvd Burbank, CA 91506
- Warehouses
- 11,965 SF
- 32,150.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1022-1024 Burbank Blvd
- Year built
- 1949
- Lot size
- 32,150.00 lot acres
- Property size
- 11,965 SF
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional commercial-industrial investment opportunity encompasses a six-building portfolio situated on two parcels totaling 32,150 square feet. Located at 1022-1024 & 1028 W. Burbank Blvd in Burbank, California (zip code 91506), this property boasts 200 feet of high-visibility street frontage on West Burbank Boulevard, directly across from a Costco. The buildings, constructed in 1949, offer a combined 11,965 square feet of warehouse space, with a price per square foot of $581. The property is zoned BCCM/M1 and features a modified lease type with multi-tenancy, currently operating on month-to-month tenancies and/or partially vacant, allowing for immediate owner-user occupancy or flexible leasing strategies. Convenient access is provided by a 20-foot drive-through ingress-egress easement across the rear adjacent property to Isabel Street. The asking price for this unique opportunity is $6,950,000. The property's APN numbers are 2449-011-017 and 2449-011-042. This is a rare chance to acquire a substantial industrial property in a high-demand Burbank location. The two-parcel configuration offers significant potential for redevelopment or expansion. The property's location and size make it an ideal investment for both owner-users and investors seeking a strong return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burbank
- County
- Los Angeles
- State
- California
- Longitude
- -118.324
- Latitude
- 34.1833
