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1508–1510 W Verdugo Ave, Burbank, CA 91506 1508 W Verdugo Ave 7,595 SF 100% Leased Office Building Burbank, CA 91506 $6,162,870 CAD ($811.44 CAD/SF) 5.56% Cap Rate



Investment Highlights
- Major signalized corner location with excellent visibility
- Mixed-use income (professional office, medical office, residential)
- Private parking lot with 9 parking spaces plus street parking
- Prime commercial corridor in Burbank
- 8 tenant spaces providing diversified revenue
- Pylon signage and strong frontage exposure
Executive Summary
City Center Realty Group presents a rare opportunity to acquire a mixed-use office and medical portfolio located at a major signalized corner in the heart of Burbank. The offering consists of two buildings totaling approximately 7,595 square feet situated on a combined 12,007 square foot lot.
The property includes a diverse tenant mix of professional offices, medical suites, and a residential unit, providing multiple income streams. The buildings benefit from strong street exposure, pylon signage, and a private rear parking lot.
Located near the intersection of Verdugo Avenue and Olive Avenue, the property is adjacent to Starbucks and close to Providence Saint Joseph Medical Center and Walt Disney Studios, making it an attractive location for medical and professional tenants.
This portfolio presents an excellent opportunity for an investor seeking stable income in a highly desirable commercial corridor or for an owner-user seeking partial occupancy.
The property includes a diverse tenant mix of professional offices, medical suites, and a residential unit, providing multiple income streams. The buildings benefit from strong street exposure, pylon signage, and a private rear parking lot.
Located near the intersection of Verdugo Avenue and Olive Avenue, the property is adjacent to Starbucks and close to Providence Saint Joseph Medical Center and Walt Disney Studios, making it an attractive location for medical and professional tenants.
This portfolio presents an excellent opportunity for an investor seeking stable income in a highly desirable commercial corridor or for an owner-user seeking partial occupancy.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Building Size
7,595 SF
Building Class
C
Year Built/Renovated
1938/2025
Price
$6,162,870 CAD
Price Per SF
$811.44 CAD
Cap Rate
5.56%
NOI
$342,915 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,595 SF
Slab To Slab
11’
Building FAR
0.62
Lot Size
0.28 AC
Zoning
C2, Burbank
Parking
9 Spaces (1.18 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Air Conditioning
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 2445-014-023 | Total Assessment | $1,798,072 CAD (2025) |
| Land Assessment | $1,129,763 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $668,309 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
2445-014-023
Land Assessment
$1,129,763 CAD (2025)
Improvements Assessment
$668,309 CAD (2025)
Total Assessment
$1,798,072 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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1508–1510 W Verdugo Ave, Burbank, CA 91506 | 1508 W Verdugo Ave
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