923 N Hollywood Way - Retail FOR SALE


Burbank, CA 91505- Magnolia Park
$3,643,000 USD
805-338-9232
923 N Hollywood Way, Burbank, CA for Sale
$3,643,000 USD
Retail - FOR SALE
1/23
null | Request Cap Rate

923 N Hollywood Way
Burbank, CA 91505
Magnolia Park


HIGHLIGHTS

  • Pride of ownership single story creative office with two working sound stages (ADR & DUB)
  • Amazing owner user opportunity with income in place
  • Incredible frontage near one of Burbank’s most desirable intersections at Hollywood Way and Magnolia Blvd with traffic counts of 32,458 vehicles/day
  • Ten private parking spaces available via back alley plus excellent street parking in front of the building

OVERVIEW

NAI Capital is pleased to present 923 N Hollywood Way, an incredible owner user creative office and sound stages in one of Burbank’s most desirable areas. The property is located near the signalized intersection of N Hollywood Way and Magnolia Blvd, with easy access to a variety of local eateries, creative businesses, and the hub of the entertainment industry. The single-story building is currently improved with creative offices, 2 working sound stages, restrooms, full kitchen, and both private and common areas, allowing for a variety of creative uses. The 4,990 SF building was originally constructed in 1952 and fully renovated in 2018.

FOR SALE DETAILS

PRICE

$3,643,000 USD

PRICE/SF

$730 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,721 SF

ZONING

BUC3*

APN/PARCEL ID

2480-012-016

ASK ABOUT THIS PROPERTY

Rose O'SullivanNAI CapitalMore Info
805-338-9232

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Rose O'SullivanNAI CapitalMore Info
805-338-9232

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