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29349491
29349512

4306 W Victory Blvd, Burbank, CA 91505

MA
CA 01339034
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino
$1,650,000
134 days on market
Updated 60 days ago

4306-4310 W Victory Blvd

Details
APN 2435-003-004, 2435-003-005
Property Type Mixed Use, Office (+1)
Sub Type Storefront, Traditional Office
Square Footage 5,575
Units 5
Occupancy 62.3%
Lease Type Modified
Price per SqFt $296
Broker Co-Op Yes
Year Built 1947
Buildings 2
Stories 2
Lot Size (SqFt) 5,350
Zoning C3
Investment Type Owner/User

PRICE REDUCTION! Retail Storefront with Second Story Office | 5,575 SF | Burbank, CA

Marketing description

PRICE REDUCED!

4306–4310 W Victory Blvd presents a rare opportunity to acquire a versatile mixed use asset in the heart of Burbank, one of the most business friendly and economically resilient cities in the San Fernando Valley. The ±5,575 SF building sits on a ±5,350 SF lot and features three fully occupied ground floor retail suites paired with a recently renovated ±2,100 SF second floor office space being delivered vacant, ideal for an owner user seeking immediate occupancy with in place income. The existing tenant mix consists of service based, internet resistant operators that continue to perform well in an increasingly e commerce driven environment. With short term and month to month leases in place, the property offers maximum flexibility for an owner user or investor looking to reposition, occupy, or re-tenant the building.

The versatile C3 zoning, four covered parking spaces accessed via the rear alley, and separately metered electrical service for each unit, make the property well positioned to accommodate a wide range of retail and office uses. Attractive SBA financing, with as little as 10% down, further enhances the feasibility for owner users.

Positioned along a highly trafficked stretch of Victory Blvd, the property offers exceptional visibility with approximately 50 feet of frontage and exposure to nearly 27,000 vehicles per day, with an additional 50,000 vehicles passing through the nearby Victory Blvd & Clybourn Ave intersection.

Investment highlights

  • Ideal owner user opportunity with in place income from three ground floor tenants

  • Newly renovated ±2,100 SF second floor office delivered vacant

  • Versatile C3 zoning supporting a wide range of commercial uses

  • Each unit separately metered for electricity

  • Short term and month to month leases allow flexible occupancy options

  • Attractive SBA financing available with as little as 10% down

  • Service based, internet resistant tenant mix ensures long term stability

  • Walk Score of 76 - Very Walkable

Listing Contacts

MA
CA 01339034
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino

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