For Sale
$6,950,000

1022-1024 Burbank BlvdBurbank, CA 91506

Prime Burbank location, 11,965 SF warehouse space.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional commercial-industrial investment opportunity encompasses a six-building portfolio situated on two parcels totaling 32,150 square feet. Located at 1022-1024 & 1028 W. Burbank Blvd in Burbank, California (zip code 91506), this property boasts 200 feet of high-visibility street frontage on West Burbank Boulevard, directly across from a Costco. The buildings, constructed in 1949, offer a combined 11,965 square feet of warehouse space, with a price per square foot of $581. The property is zoned BCCM/M1 and features a modified lease type with multi-tenancy, currently operating on month-to-month tenancies and/or partially vacant, allowing for immediate owner-user occupancy or flexible leasing strategies. Convenient access is provided by a 20-foot drive-through ingress-egress easement across the rear adjacent property to Isabel Street. The asking price for this unique opportunity is $6,950,000. The property's APN numbers are 2449-011-017 and 2449-011-042. This is a rare chance to acquire a substantial industrial property in a high-demand Burbank location. The two-parcel configuration offers significant potential for redevelopment or expansion. The property's location and size make it an ideal investment for both owner-users and investors seeking a strong return on investment.

Highlights

  • Six-building industrial portfolio totaling 11,965 square feet on two parcels (32,150 SF).
  • High-visibility Burbank location (1022-1024 & 1028 W. Burbank Blvd, 91506) with 200 feet of street frontage across from Costco.
  • $6,950,000 asking price; $581/SF.
  • BCCM/M1 zoning; modified leases, month-to-month tenancies, and partial vacancy allow for immediate owner-occupancy or flexible leasing.
  • 20-foot drive-through easement to Isabel Street.
  • APN: 2449-011-017 & 2449-011-042; redevelopment potential.

Property Details for 1022-1024 Burbank Blvd

Property type
Warehouses, Retail properties
Square Feet
11,965 SF
Year Built
1949
Buildings
6
Stories
2
Lot Size (sq. ft)
1,400,454,000 SF

Location Insight

City
Burbank
County
Los Angeles
State
California
Latitude
34.1833465
Longitude
-118.3236156
1022-1024 Burbank Blvd, Burbank, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1022-1024 Burbank Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message