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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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