400 Victory BlvdBurbank, CA 91502

Property Details for 400 Victory Blvd

Year built

1987

Lot size

0.41 AC

Property size (Sq ft)

528 SF

Zone code

BUM2*

Property type

Retail properties

Property subtype

Gas stations

APN

2449-033-018

APU

2449033018

Description

This exceptional Burbank office building presents a unique investment opportunity. Located at 400 S Victory Blvd, this three-story, 20,347 square foot facility is a fully modernized, single-tenant, Class B building, vacant and ready for immediate occupancy. Built in 1989 and extensively renovated in 2022, the property boasts a state-of-the-art design, ideal for production, post-production, or technology companies. Situated on a 0.27-acre lot, it offers high visibility with excellent branding opportunities due to its prominent corner location. The building's advanced technical infrastructure makes it a truly plug-and-play solution. Its Burbank location provides easy access to major freeways (I-5 and 134), placing it within minutes of the Burbank Airport and the Media District, and adjacent to Downtown Burbank. The property benefits from Burbank's thriving entertainment industry, with numerous major studios and media companies nearby. This prime location, coupled with the building's modern amenities and excellent condition, makes it an unparalleled opportunity in a highly sought-after market. The asking price is $6,995,000, translating to $343.79 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $252,975

  6.5%

  $233,515

  7%

  $216,835

• Comparable approach

  Method

  Valuation

  Relative Method

  $253,019

  Geo Method

  $253,019

• Alternative Use

  Use

  Valuation

  Residential

  $196,979

  Hospitality

  $180,431

  Educational

  $150,117

  Medical

  $155,280

  Retail

  $233,515

Location Insight

City

Burbank

County

Los Angeles

State

California

Latitude

34.1779

Longitude

-118.318

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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