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923 N Hollywood Way 4,990 SF Retail Building Burbank, CA 91505 $3,643,000 ($730.06/SF)
INVESTMENT HIGHLIGHTS
- Pride of ownership single story creative office with two working sound stages (ADR & DUB)
- Incredible frontage near one of Burbank’s most desirable intersections at Hollywood Way and Magnolia Blvd with traffic counts of 32,458 vehicles/day
- Amazing owner user opportunity with income in place
- Ten private parking spaces available via back alley plus excellent street parking in front of the building
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
4,990 SF
Building Class
B
Year Built
1952
Price
$3,643,000
Price Per SF
$730.06
Tenancy
Single
Building Height
1 Story
Building FAR
0.65
Lot Size
0.18 AC
Zoning
BUC3* - Commercial
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
81’ on N Hollywood Way
AMENITIES
- 24 Hour Access
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2480-012-016 | Improvements Assessment | $544,543 |
| Land Assessment | $1,894,072 | Total Assessment | $2,438,615 |
PROPERTY TAXES
Parcel Number
2480-012-016
Land Assessment
$1,894,072
Improvements Assessment
$544,543
Total Assessment
$2,438,615
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923 N Hollywood Way
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