Turnkey Post-Production/Creative Office Space 503-505 S Victory Blvd 4,133 SF Office Building Burbank, CA 91502 $2,100,000 ($508.11/SF)

Ethan Donel, Alex Reyhan, and Daniel Hirth have been exclusively retained by ownership to market for sale 503 S Victory Boulevard, Burbank, CA 91502. Built in 1953 and renovated with over $500,000 in improvements throughout the years, this single-tenant creative and post-production office building encompasses approximately 4,133 square feet of building on a ±4,718 square foot lot, featuring seven (7) on-site parking spaces. The property has been purpose-built for creative and post-production uses, featuring eleven (11) private rooms currently used as Avid editing suites, recording/voice-over rooms, and executive offices, along with a reception area, screening room, secure keypad-access server room, kitchen/lounge, and two (2) restrooms. While the current build-out caters to post-production users, the flexible floor plan lends itself to any office user seeking beautiful private office space.
Exposed wood truss ceilings, polished concrete floors, and high ceilings throughout create an open and inviting environment, while abundant natural light enhances the front of the building. Each suite is equipped with individual HVAC ducting and AC controls, served by five (5) rooftop HVAC units, one of which is dedicated to the server room. Additionally, the property showcases a new roof (2023), updated electrical service, with meticulous finishings throughout.
503 S Victory Boulevard allows an owner/user to capitalize on the demand for office space in the heart of Burbank. For an owner/user taking advantage of SBA financing with as little as 10% down, this is the ideal situation while also being able to own prime real estate in a great pocket of Burbank. Due to Burbank's initiative to attract new businesses, there is also no city income tax and no gross sales receipt tax.
This property is nestled in the heart of the highly desired submarket of Burbank. Known as the "Media Capital of the World," Burbank is home to many well-established media and entertainment companies such as The Walt Disney Company, Warner Brothers Entertainment/Music Group, Cartoon Network, Nickelodeon, Warner Music Group, NBC Universal, ABC, Arri Cameras, Cinelease, Entertainment Partners, JL Fisher, and Matthews Studio Equipment, just to name a few. Surrounded by the 134 and 5 freeways, Burbank is highly accessible to neighboring cities such as Glendale, Toluca Lake, North Hollywood, and Hollywood.
Buyer to confirm tax benefits with the City of Burbank. Buyer to perform their own due diligence and verify all information.