2000 N Hollywood Way, Burbank, CA 91505
- Community centers
- 23,320 SF
- 1.37 lot acres
Current Use by Public Records
- Amazon Locker - Robert / Postal Service / Courier Service
- 7-Eleven / Grocery & Convenience Store
- KeyMe Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store
- Western Union / Bank / Credit Union
Property Details for 2000 N Hollywood Way
- Year built
- 2010
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.37 lot acres
- Zone code
- BUC3*
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 2463-009-005
- APU
- 2463009005
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 30, 2022 | — | 4x Projects Co | — | Deed · related | $2.5M · Farmers & Merchants Bank Of Long Beach |
| — | — | 4x Projects Co | — | Deed Of Trust · related | $1.5M · Eastern International Bank |
| — | — | 4x Projects Co | — | Deed Of Trust · related | $2M · California Coast Cu |
| — | — | 4x Projects | — | Deed Of Trust · related | $750k · Itt Federal Bank Fsb |
| — | — | 4x Projects Co | — | Deed Of Trust · related | $1M · Community Bank NA |
| Jun 16, 1958 | — | — | — | Grant Deed · related | — |
Description
This exceptional Burbank retail investment opportunity presents a stabilized, multi-tenant shopping center totaling 61,690 square feet, situated on a 130,680 square foot lot. The property, comprised of two single-story buildings constructed in 1940 and extensively renovated in 2023, boasts a prime location at the signalized intersection of North Hollywood Way and Victory Boulevard. Tenants include established national brands such as 7-Eleven, Petco, Subway, Domino's Pizza, UPS, and Party City, ensuring a strong and diverse tenant mix. The property features 188 parking spaces and benefits from a 100% occupancy rate, generating a current NOI of $1,528,730.30 and a pro-forma NOI of $1,703,538.66. The asking price is $29,975,000, representing a current cap rate of 5.10% and a pro-forma cap rate of 5.69%. The property is zoned C3 and includes ten units under NNN leases. This irreplaceable location, held under the same ownership for over 65 years, offers a compelling investment opportunity with significant upside potential. The property's address encompasses 2000-2015 N. Hollywood Way and 3125 W. Victory Blvd, Burbank, CA 91505. APN numbers are 2463-009-005
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,591,000
Market price range: $5.22M - $33.0M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Burbank
- County
- Los Angeles
- State
- California
- Longitude
- -118.349
- Latitude
- 34.1852
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
