10700 Burbank Blvd
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10700 Burbank Blvd
4,292 SF 100% Leased Office Building North Hollywood, CA 91601 £1,248,216 (£291/SF)
Investment Highlights
- First Time On Market For Sale
- Courtyard with Natural Light
- ED1 Eligible Site per ZIMAS
- Fully Leased, Great Tenants
- CA Enterprise Zone & TOC Tier 1 Zone
- Located in the Highly Sought After NoHo Arts District Neighborhood
Executive Summary
Prime Investment or Owner-User opportunity. 4-unit dental/medical office property at the SWC of Burbank Blvd and Cartwright Ave. All tenants are currently on gross leases providing tremendous upside potential. The property is located in a CA State Enterprise Zone, a TOC Tier 1 zone, and is an ED1 Eligible Site, according to ZIMAS.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
4,292 SF
Building Class
B
Year Built
1965
Price
£1,248,216
Price Per SF
£291
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
4,292 SF
Building FAR
0.76
Land Acres
0.13 AC
Opportunity Zone
Yes
Zoning
LAC2 - LAC2-1 Zoning. Property is located in a CA State Enterprise Zone. Property is located in a TOC Tier 1 Zone. Property is an ED1 Eligible Site per ZIMAS
Amenities
- 24 Hour Access
- Courtyard
- Signage
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Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
Parcel Number | 2416-018-002 | Improvements Assessment | £140,552 |
Land Assessment | £30,918 | Total Assessment | £171,470 |
PROPERTY TAXES
Parcel Number
2416-018-002
Land Assessment
£30,918
Improvements Assessment
£140,552
Total Assessment
£171,470
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10700 Burbank Blvd
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