10615 Burbank Blvd - Freestanding FOR SALE


North Hollywood, CA 91601
$1,200,000 USD
818-823-0832
10615 Burbank Blvd, North Hollywood, CA for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

10615 Burbank Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • Ideal Owner/User Opportunity - C2 Zoning – Wide Variety Of Uses
  • Turnkey Ready for Digital Broadcast Networks, Entertainment Studios, Podcasters, and any other digital media ventures – Fully Equipped
  • SBA 504 Financing Available, Downpayment of 10-15% with NEW SBA Incentives
  • Affluent 5 -Mile Demographics: 524,704 Population & Average Household Income of $113,702
  • Highly Desirable Retail Use in High Barrier to Entry Market of North Hollywood

OVERVIEW

The Ovaness-Rostamian Group of Marcus & Millichap is proud to present a rare and exceptional opportunity to acquire 10615 Burbank Blvd, a strategically located property in the heart of North Hollywood. Positioned just off Burbank Blvd and Cahuenga Blvd, this property benefits from high visibility and accessibility, with over 50,000 combined vehicles passing by daily. The offering consists of a 1,975-square-foot building and 2,875 square feet of land, making it an ideal choice for businesses in the digital entertainment sector. This fully turnkey space is perfectly suited for Digital Broadcast Networks, Entertainment Studios, Podcasters, and any other digital media ventures. For video podcasters, this custom design enables a network to do what no other podcast can: to produce, in house, over 150 hours of programming per week! Property features four individual studios and sets, a green screen room/stage, an editing suite, kitchen, laundry, two bathrooms, a gaming studio trailer and a private, secure outdoor bar and event space. Each area is uniquely designed and equipped with the latest in professional-grade technology, including multiple 4K Black Magic cameras, sound-absorbing acoustic panels, and flexible lighting infrastructure, ensuring versatility for a wide array of production needs. With state-of-the-art infrastructure in place, this property provides a seamless transition for businesses looking to establish or expand their digital presence. Whether you are producing high-quality broadcast content, launching a podcast, or managing a multimedia production studio, this facility is equipped to meet the demands of today’s rapidly evolving entertainment industry. The property is zoned C2 Commercial, offering flexibility for a wide range of potential uses. For more details on zoning or potential opportunities, please contact the listing agent. The property will be delivered vacant, allowing new ownership the flexibility to reposition the space to suit their needs or occupy it immediately. Additionally, an Owner/User could potentially qualify for Small Business Administration (SBA) financing, making it more economical to own the building versus leasing, thanks to a low down payment (10-15%) and potential tax advantages associated with real estate ownership. Located in North Hollywood’s vibrant arts district, this property benefits from a dynamic blend of entertainment, dining, and residential areas, contributing to a highly sought-after location. The area boasts an above-average household income of $113,702 and a population of over 524,000 people within a 5-mile radius, further enhancing its appeal as a prime business location. Don’t miss out on this unique opportunity to secure a premier space in one of the most thriving entertainment hubs in Los Angeles.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$608 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Burbank Studio Broadcast Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,875 SF

ZONING

C2

APN/PARCEL ID

2415-023-004

ASK ABOUT THIS PROPERTY

Ara RostamianMarcus & MillichapMore Info
818-823-0832

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Ara RostamianMarcus & MillichapMore Info
818-823-0832

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.