Listed by Avison Young - North Los Angeles
$14,750,000
1011 W. Alameda Avenue
Details
APN 2445-029-020
Property Type Industrial, Mixed Use
Sub Type Creative Office, Flex
Square Footage 33,285
Net Rentable (SqFt) 33,285
Units 8
NOI $130,000
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Class C
Year Built 1960
Year Renovated 1987
Buildings 2
Stories 1
Acreage 1.920
Zoning RC
Investment Type Owner/User
Ceiling Height 19
Loading Docks 1
Ownership Fee Simple
Rare Free Standing Building Burbank CA
Marketing description
Available for sale
• Ideal for Entertainment Campus/Medical Office/Retail
• Mix of individual retail/office/medical/pad buildings
• +/-15,000 SF of high-end post-production space
• Dual fiber optic loops can provide redundant dark fiber
• Easy access to freeways and mass transit
• Heavy power
• High ceilings (19 feet) / minimal columns
• Exposed red brick block walls
• No gross receipts tax
• Conditioned power
• Line of sight
• Outstanding ±125 car Parking
• Pole signage
• Seismic retrofit complete
• Studio Row location
Investment highlights
- Mix of Individual Retail/office, Retail Pad Buildings and +/-15,000 Sf of High-end Post-production Space
- Dual Fiber Option Loops Can Provide Redundant Dark Fiber
- Easy Access to Freeways and Mass Transit
- Heavy Power
- High Ceilings/minimal Columns
- Exposed Red Brick Block Walls
- No Gross Receipts Tax
- Conditioned Power
- Line of Sight
- Pole Signage
- Seismic Retrofit Complete
- $130,000 Noi for Front Retail Pad Building
Listing Contacts
Listed by Avison Young - North Los Angeles
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,000.00
$10,833.33/mo
Valuation Metrics
0
DSCR
0.88%
Cap Rate
0.88%
ROI
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